• Latest
  • Trending
  • All
images 1 3 2

Tinubu’s Reforms Drive Customs Revenue To Record ₦1.3tr In Q1 2025 – Adeniyi

May 24, 2025
JAMB

JAMB Insists On Minimum Admission Age For Tertiary Institutions

July 8, 2025
Nigerian Bar Association

NBA Demands Justice Over Killing Of Port Harcourt Lawyer

July 8, 2025
APC

Osun APC Slams Adeleke’s N32m Daily School Feeding Costs

July 8, 2025
images 1 1 1

Former SGF Babachir Lawal Quits APC, Hints At New Political Alliance

July 8, 2025
CBN

CBN Clarifies NRBVN Charges For Nigerians In Diaspora

July 8, 2025
images 1 7

EFCC Arraigns 2 Over Alleged CBEX Investment Fraud

July 8, 2025
LASIEC, Police Reassure on Credible, Safe LG Elections on Saturday

LASIEC, Police Reassure on Credible, Safe LG Elections on Saturday

July 8, 2025
Expert, Awaye Highlights Imperatives of AI Adoption in Education

Expert, Awaye Highlights Imperatives of AI Adoption in Education

July 8, 2025
MultiChoice

NDPC Fines MultiChoice ₦766m For Data Protection Violations

July 6, 2025
Omoyele Sowore

Sowore Demands Retirement Of IGP, Customs, Immigration Chiefs

July 6, 2025
Hafiz Oyetoro

Woman I Wanted To marry Asked For 2 cars First – Saka

July 6, 2025
Dapo Abiodun

Ogun PDP Demands Legislative Probe Into Alleged ₦82b Pension Deductions

July 6, 2025
NDLEA Image

NDLEA Arrests Couple, Daughters For Drug Trafficking

July 6, 2025
Juliana Olayode

S3x Drive Among Teenagers Alarming – Actress Juliana Olayode

July 5, 2025
EFCC

Kaduna Couple Arraigned For Alleged N10m Land Fraud

July 5, 2025
Police Arrest Most Wanted Hired killer In Lagos

Delta Police Arrest Varsity Student For Stabbing Colleague, Demanding Ransom

July 5, 2025
Tuesday, July 8, 2025
  • Login
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
No Result
View All Result
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
Home News

Tinubu’s Reforms Drive Customs Revenue To Record ₦1.3tr In Q1 2025 – Adeniyi

by Reporter theconscienceng
May 24, 2025
in News, Trending
0
images 1 3 2
Share on FacebookShare on Twitter
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share

images 1 3 2

Tinubu’s Reforms Drive Customs Revenue To Record ₦1.3tr In Q1 2025 – Adeniyi

THECONSCIENCE  NG reports that The Nigeria Customs Service (NCS) has recorded a historic revenue milestone of ₦1.3 trillion in the first quarter of 2025, more than doubling its first-quarter collection of ₦600 billion in 2023.

 

Comptroller-General Bashir Adewale Adeniyi attributed this unprecedented achievement to the far-reaching reforms instituted by President Bola Ahmed Tinubu under the Renewed Hope Agenda.

 

Speaking in an upcoming State House documentary commemorating President Tinubu’s second year in office, Adeniyi revealed that the remarkable rise in revenue was not the result of increased imports — which have actually declined due to foreign exchange constraints — but rather the outcome of deep institutional reforms across Customs operations.

 

According to a statement on Saturday by Special Adviser to the President on Information and Strategy Bayo Onanuga, the CG said: “What has changed is efficiency, transparency, and enforcement. We collected ₦1.3 trillion in Q1 2025 alone, despite a dip in import volume. That is the result of focused leadership and accountability”.

READ MORE:  Mouka Gets "Innovative Mattress Brand of the Year" Award

 

The Customs boss credited several key initiatives with catalyzing the boost, including upgraded technology, improved port operations, stricter enforcement against revenue leakages, and a cultural shift toward accountability in Customs commands nationwide.

 

At the heart of these transformations is the $3.2 billion E-Customs Modernisation Project, which the Service is preparing to fully deploy.

 

 

The digital overhaul will automate cargo processing, surveillance, and payments at ports and borders.

 

“We’re laying the foundation to move from a manual, paper-based system to a fully digital service. Once fully deployed, the E-Customs Project is projected to generate up to $250 billion in cumulative revenue over 20 years”, Adeniyi said.

 

In a bid to align Nigeria’s customs practices with global standards, the NCS has also launched the Authorised Economic Operator (AEO) Programme.

 

This initiative fast-tracks cargo processing for pre-vetted, compliant importers, reducing port congestion and encouraging voluntary compliance.

 

“If you’re compliant, you get green-lane treatment. This is how modern customs systems work globally — it’s about trust and efficiency”, Adeniyi explained.

READ MORE:  Customs Bows To Pressure, Suspends 4% FOB Levy On Imports

 

The Customs Service has also intensified anti-smuggling operations and closed long-standing revenue gaps.

 

According to Adeniyi, over ₦64 billion was recovered from previously under-assessed or undervalued imports in the past nine months.

 

 

Major smuggling networks operating through the Seme, Idiroko, Katsina, and Sokoto borders have been dismantled, with results credited to newly established joint border patrol task forces operating in coordination with the Nigerian Army, Department of State Services (DSS), and the Nigeria Police.

 

“We’re no longer just chasing smugglers in the bush. We’re using data, surveillance drones, and port intelligence to act in real time. Systemic leakages are now being plugged”, he said.

 

To further facilitate trade and reduce business costs, the NCS is accelerating the deployment of the National Single Window — a digital platform that will unify all government agencies involved in cargo clearance.

 

Currently, importers must navigate up to 15 separate agencies manually.

 

“With the Single Window, you’ll do it all online, in one place. This will slash clearance time and costs”, Adeniyi said.

READ MORE:  Oyekan Congratulates Sanwo-Olu, Gbajabiamila On Birthday

 

“We’re promoting exports aggressively. In 2024 alone, Nigeria exported over ₦340 billion worth of solid minerals and agro commodities through formal channels — a 38% increase. We’re targeting even more in 2025”, the CG said.

 

Adeniyi also spoke on the internal transformation of the Service itself.

 

Over 1,800 officers have been trained in advanced data analytics, risk profiling, and artificial intelligence, as part of an effort to shift NCS from physical inspections to intelligence-led operations.

 

“Customs is no longer just about checking containers. We’re becoming a data-driven, globally competitive agency”, he said.

 

 

He emphasized that the transformative success of the Service is rooted in the clear directive from President Tinubu: block leakages, facilitate trade, and raise revenue without increasing the burden on citizens.

 

“That is what we are doing. And the results are beginning to speak for themselves”, Adeniyi said.

Share this:

  • Click to share on X (Opens in new window) X
  • Click to share on Facebook (Opens in new window) Facebook
  • Click to share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading...

Related

Tags: Customs
ShareTweet
Previous Post

NPF, INTERPOL Extradite Dubai-Based Nigerian For Multi-Dollar Fraud

Next Post

Apapa Customs Seizes Codeine, Fake Drugs, Stolen Cars

Reporter theconscienceng

Reporter theconscienceng

Related Posts

JAMB
News

JAMB Insists On Minimum Admission Age For Tertiary Institutions

by Reporter theconscienceng
July 8, 2025
Nigerian Bar Association
News

NBA Demands Justice Over Killing Of Port Harcourt Lawyer

by Reporter theconscienceng
July 8, 2025
APC
Politics

Osun APC Slams Adeleke’s N32m Daily School Feeding Costs

by Reporter theconscienceng
July 8, 2025
images 1 1 1
Politics

Former SGF Babachir Lawal Quits APC, Hints At New Political Alliance

by Reporter theconscienceng
July 8, 2025
CBN
Business

CBN Clarifies NRBVN Charges For Nigerians In Diaspora

by Reporter theconscienceng
July 8, 2025
images 1 7
Crime/General

EFCC Arraigns 2 Over Alleged CBEX Investment Fraud

by Reporter theconscienceng
July 8, 2025
Next Post
Customs

Apapa Customs Seizes Codeine, Fake Drugs, Stolen Cars

No Result
View All Result

Recent Posts

  • JAMB Insists On Minimum Admission Age For Tertiary Institutions
  • NBA Demands Justice Over Killing Of Port Harcourt Lawyer
  • Osun APC Slams Adeleke’s N32m Daily School Feeding Costs
  • Former SGF Babachir Lawal Quits APC, Hints At New Political Alliance
  • CBN Clarifies NRBVN Charges For Nigerians In Diaspora

Get the latest news on the go!

Enter your email address

© 2025 TheConscience NG

TheConscience NG

  • About
  • Contact Us
  • Privacy-Policy
  • Terms and Conditions
  • TheConscienceNg.com | Breaking & Verified Nigerian News on the go!

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
X
Subject:
Message:
Ajax loader
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech

© 2025 TheConscience NG

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Share with friends
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share
%d