Category: Customs

Tinubu’s Reforms Drive Nigeria Customs Revenue to N1.3 Trillion in Q1 2025

Tolu Adebayo

This achievement marks a significant increase compared to the N600 billion revenue collected during the same period in 2023, more than doubling the previous figures. The Nigeria Customs Service (NCS) has achieved a historic revenue milestone of N1.3 trillion in the first quarter of 2025, primarily credited to the transformative reforms implemented by President Bola Ahmed Tinubu. This achievement marks a significant increase compared to the N600 billion revenue collected during the same period in 2023, more than doubling the previous figures. Comptroller-General of Customs, Bashir Adewale Adeniyi, highlighted that…

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Reps Customs Move to Boost 2024 Revenue Target to N6 Trillion: Unveiling Strategic Measures for Fiscal Success

oluwatobi enitan

The House of Representatives Committee on Appropriation, in collaboration with the Nigeria Customs Service (NCS), has decided to revise the revenue target for 2024, elevating it from the initial N5 trillion proposed by the NCS to a new goal of N6 trillion. During a session in Abuja on Monday, Rep. Abubakar Bitchi, the committee’s chairman, urged Mr. Adewale Adeniyi, the Comptroller General of NCS, to contemplate an increase in the targeted revenue. Bitchi expressed the committee’s satisfaction if the NCS could aim for N6 trillion in revenue for the fiscal…

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Customs Chief Seeks Enhanced Partnership with Nigerian Army to Tackle Border Security Threats

oluwatobi enitan

The Acting Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi, has expressed a keen interest in strengthening cooperation between the NCS and the Nigerian Army in addressing trans-border security threats. CG Adeniyi made this request during a courtesy visit with the management team of Customs to the Chief of Army Staff (COAS), Lieutenant Gen. Taoreed Lagbaja, in Abuja on Monday. Adeniyi highlighted the longstanding amicable relationship between the NCS and the army, particularly in areas such as training and the distribution of relief materials. However, given the current security…

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Contrary to Speculations, President Tinubu Has Not Ordered Reopening of All Nigerian Borders, says Customs Chief

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The Acting Comptroller General of the Nigeria Customs Service, Wale Adeniyi, has dispelled speculations by affirming that President Bola Tinubu has not given any directive for the reopening of all Nigerian borders, contrary to rumors circulating. It should be noted that all land borders were completely closed from 2018 to 2021 in an effort to curb illegal activities. Following a meeting with President Tinubu at the State House on Tuesday, the Comptroller General of Customs clarified that only five borders have been reopened so far. He further mentioned that plans…

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President Muhammadu Buhari Inaugurates 19.6b Customs Headquarters; Says Border Closure Curbed Smuggling

oluwatobi enitan

President Muhammadu Buhari has said that the partial closure of Nigeria’s borders with Benin and Lake Chad was effective in curbing smuggling activities that is threatening the country’s attempt to boost its local production, especially of rice, taking place in that corridor. President Muhammadu Buhari made this known today while speaking at the commissioning of the Nigeria Customs Service (NCS) Corporate Headquarters in Abuja. He stated that the closure of the over 1,600km  borders from Chad to Benin was pertinent at the time when smuggling activities was heightened and threatening…

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I deliberately Closed Borders-Buhari

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During the inauguration of a new Customs Headquarters in Abuja, President Muhammadu Buhari emphasized that the policies implemented by his administration were intentionally designed for the progress of the country. Speaking on Tuesday, he highlighted that these policies had transformed into legacy programs that brought joy to the people and the nation. One notable policy he mentioned was the ban on the importation of foreign rice. President Buhari explained that the deliberate closure of the borders was aimed at promoting self-sufficiency in food production. He stated, “I deliberately closed the…

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