shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Customs Records N7.28 Trn As 2025 Revenue

Customs Records N7.28 Trn As 2025 Revenue

by shippingposition
January 27, 2026
in Featured, News

Nigeria Customs Service

The Nigeria Customs Service (NCS) recorded N7.28 trillion in revenue in 2025, surpassing its N6.58 trillion target.

NCS’s Comptroller-General(C-G), Bashir Adeniyi, disclosed this on Monday in Abuja at the celebration of the 2026 World Customs Day themed protecting society through vigilance and commitment.

The service also unveiled the  Time Release Study (TRS) conducted  at the Tincan Island Port in 2024 with support from the World Customs Organisation (WCO).

Adeniyi said the revenue exceeded the 2025 target by N697 billion, representing over 10 per cent growth.

He linked the growth to reforms in the sector and the commitment of the NCS personnel in the discharge of their duties.

“Compared to 2024 collections, total revenue rose from N6.1 trillion to N7.28 trllion, an increase of approximately N1.18 trillion, or about 19 percent year on-year.

“We present these figures not as self-congratulation, but as evidence that reform is yielding tangible outcomes.

“The gains came not from arbitrary enforcement or the burdening of legitimate traders, but from improved compliance, better data use, digital tools, and disciplined enforcement.

“More importantly, this performance was achieved while deepening collaboration with the private sector and upholding facilitation commitments,” he said.

Unveiling the TRS, he described it as a major step towards making Nigeria’s trade gateways secure, efficient, predictable and globally competitive.

Adeniyi said that a modern customs administration must be able to detect high-risk consignments without suffocating lawful trade.

According to him, the unveiling of TRS signals NCS’s commitment to move from opinion-driven reforms to evidence-based reforms and from complaints-driven policy to data-driven policy.

He said the study at Tincan Island Port showed that Nigeria had the capacity to clear goods quickly, however, excessive idle periods resulting from fragmented scheduling, manual documentation, and poor coordination unnecessarily prolongs clearance times and erode competitiveness.

“We now have validated clearance timelines covering more than 600 declarations, combining manual timestamps and platform data.

“ We now know with precision how long it takes from booking for examination to physical gate exit, and where bottlenecks concentrate.

“Armed with such evidence, we are now able to say: the fastest way to protect Nigerian traders and our economy is both through border security and procedural reform.

“The TRS also demonstrates another truth, customs cannot reform the ports alone. Effective trade facilitation requires terminal operators, shipping lines, partner government agencies, truckers, brokers, banks, and port authorities to work in a synchronised ecosystem rather than parallel silos.

“We Will therefore be institutionalisng the TRS as a regular diagnostic tool, not as a one-off exercise. Our intention is to monitor, to learn and to reform continuously over future cycles,” he said.

In her keynote address, the Minister of State for Finance, Dr Doris Uzoka-Anite, described  the TRS as  a strategic policy instrument that enables government to measure performance and identify bottlenecks.

Uzoka-Anite said TRS also would guide in Nigeria’s  determination to reduce transaction cost and enhance transparency accross its trade ecosystem.

She said that the successful implementation of the TRS would align with the Federal Government’s  commitment of facilitating ease of doing business.

She added that it aimed to strengthen Nigeria competitiveness under AfCFTA and reinforces its commitment to predictable efficient trade procedures.

She assured stakeholders of  reforms that strengthen institutional capacity, promote transparency and modernise border management.

“The insights generated from the TRS, will inform future policy action, infrastructure investment, and operational improvement accross our ports and border stations , “ She said.

In his goodwill message, Ian Saunders, Secretary-General of the WCO, said the TRS provides an opportunity to advance evidence-based policymaking by identifying areas for improvement and guiding appropriate strategies.


Tags: Drug SeizuresNigeria Customs Service (NCS)

Related Posts

Tin Can Customs Rakes in ₦145.9bn in January, Unveils Paperless Regime to Fast-Track Trade

Tin Can Customs Rakes in ₦145.9bn in January, Unveils Paperless Regime to Fast-Track Trade

February 18, 2026
Customs, ASR Foundation Unveil 60-Bed Reference Hospital In Bauchi

Customs, ASR Foundation Unveil 60-Bed Reference Hospital In Bauchi

February 18, 2026
Navy Hands Over Seized 250 Bags Of Rice To Customs In Badagry

Navy Hands Over Seized 250 Bags Of Rice To Customs In Badagry

February 18, 2026
Global Navies Gather As India Hosts MILAN 2026, Int’l Fleet Review

Global Navies Gather As India Hosts MILAN 2026, Int’l Fleet Review

February 18, 2026

Latest News

Tin Can Customs Rakes in ₦145.9bn in January, Unveils Paperless Regime to Fast-Track Trade

Tin Can Customs Rakes in ₦145.9bn in January, Unveils Paperless Regime to Fast-Track Trade

February 18, 2026

Customs, ASR Foundation Unveil 60-Bed Reference Hospital In Bauchi

Navy Hands Over Seized 250 Bags Of Rice To Customs In Badagry

Global Navies Gather As India Hosts MILAN 2026, Int’l Fleet Review

Regional Trade Key To Africa’s Economic Transformation – Kale 

Freight Forwarders Breathe Easy as Customs Maintains Old Licensing Fees

Customs Denies Manipulating FX Rates, Cites CBN Authority

Gov Mourns As 14 Wedding Guests Drown In Kebbi Boat Mishap

ANLCA Tin Can Chairman Prince Wale Cole Bags National Grand Patron Title from APC Support Group

Vessels Expected At Lagos Ports As 17th February, 2026

Nigeria Customs Service Sets ₦9 Trillion Target for 2026

Shippers Welcome Full Reopening of 14 Major Land Borders as FG Seeks Trade Boost

kindly like our Facebook page

Health

World Cancer Day: Cancer Not Always Death Sentence  Says Oncologist
Health

World Cancer Day: Cancer Not Always Death Sentence  Says Oncologist

February 9, 2026

An Oncologist, Dr Adebayo Oladeji on Wednesday, underscored the urgent need to strengthen nationwide screening for cancer, in a bid...

58% Women Of Reproductive Age Are Anaemic- FG

58% Women Of Reproductive Age Are Anaemic- FG

February 2, 2026
Harmattan And The Effect Of Dust On The Lungs

Harmattan And The Effect Of Dust On The Lungs

February 2, 2026

Take A Lot Of Fluid To Assist Your Kidneys Function Well–Experts

January 26, 2026
Take A Lot Of Fluid To Assist Your Kidneys Function Well–Experts

NAFDAC Begins Enforcement Of Ban On Sachet Alcohol

January 26, 2026
Customs Seize Vehicles, PMS, Donkey Products Worth N229m In Bauchi

Customs Seize Vehicles, PMS, Donkey Products Worth N229m In Bauchi

January 24, 2026

Cervical Cancer:  Preventable, Curable — UN

January 19, 2026
Energy drinks

Cardiologist Warns Against Excessive Consumption Of Energy Drinks

January 19, 2026
More Reasons You Must Exercise

More Reasons You Must Exercise

December 15, 2025
Why Your Favourite Seasoning Cubes May Be Hurting Your Kidneys

Why Your Favourite Seasoning Cubes May Be Hurting Your Kidneys

December 15, 2025

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Editorial Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition