• Latest
  • Trending
  • All
Customs CG Highlights ‘Nigeria First’ Initiative To Bolster Trade, National Security

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

May 24, 2025
Global Clusters Launches SparkHubs in Surulere to Boost Youth Digital Literacy

Global Clusters Launches SparkHubs in Surulere to Boost Youth Digital Literacy

March 10, 2026
Alpha Morgan Bank Gets CBN Capitalisation Nod, Sets for More Growth

Alpha Morgan Bank Gets CBN Capitalisation Nod, Sets for More Growth

March 8, 2026
Zenith Bank Urges Women to Rise to Leadership, Growth at 2026 International Women’s Day Seminar

Zenith Bank Urges Women to Rise to Leadership, Growth Ahead 2026 International Women’s Day Seminar

March 4, 2026
IWD 2026: Ecobank Revamps ‘Ellevate’ Programme to Accelerate Growth for Women Entrepreneurs

IWD 2026: Ecobank Revamps ‘Ellevate’ Programme to Assist Women Entrepreneurs

March 4, 2026
Nigeria Customs Showcases Data-Driven Reforms, Gains at WCO Forum

Nigeria Customs Showcases Data-Driven Reforms, Gains at WCO Forum

March 3, 2026
LASTMA Deploys Drones, AI to Slash Emergency Response Time on Lagos Roads

LASTMA Deploys Drones, AI to Slash Emergency Response Time on Lagos Roads

March 3, 2026
“We Didn’t Start This War, Iran Rejected Deals": Why US Started Operation Epic Fury

“We Didn’t Start This War, Iran Rejected Deals”: Why US Started Operation Epic Fury

March 2, 2026
From B-2 Bombers to Cyber Warfare: Inside America’s Most Coordinated Strike on Iran

From B-2 Bombers to Cyber Warfare: Inside America’s Most Coordinated Strike on Iran

March 2, 2026
“If You Kill Americans, We Will Hunt You Down”: Trump Draws Red Line in Explosive Iran War Briefing

“If You Kill Americans, We’ll Hunt You Down”: Trump Draws Red Line in Explosive Iran War Briefing

March 2, 2026
Oil Shock Looms! How US-Iran Showdown Could Rattle Global Economy

Oil Shock! How US-Iran Showdown Could Rattle Global Economy

March 2, 2026
Union, Polaris Bank CEOs, Others Get NICA Fellowship

Union, Polaris Bank CEOs, Others Get NICA Fellowship

March 2, 2026
Lagos CP Leads Personnel to Restore Normally at Oto-Ijanikin

Lagos CP Leads Security Operation to Restore Calm in Oto-Ijanikin

March 1, 2026
Wema Bank Unveils Top 10 Nominees For women Award 

Wema Bank Unveils Top 10 Nominees For Women-Focused Award 

March 1, 2026

What Primate Ayodele Said About US-Israel-Iran Conflict

March 1, 2026
AFC, ECOBANK, for 234 Arts Fair

AFC, Ecobank, Soto Gallery Join Forces For 3rd Art Fair in Lagos

March 1, 2026
2027 Ogun Governorship: Why Gboyega Nasir Isiaka GNI Fits the Moment

2027 Ogun Governorship: Why Gboyega Nasir Isiaka (GNI) Fits the Moment

March 1, 2026
Wednesday, March 11, 2026
  • 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
Customs CG Highlights ‘Nigeria First’ Initiative To Bolster Trade, National Security

Bashir Adeniyi

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:  APC Reveals Why Presidential Screening was Postponed

 

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:  Tincan Island Customs Intercepts N4bn Illicit Drugs, Hits Record N1.046 Trillion Revenue

 

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:  #EndSARS Protest: Primate Ayodele Reveals What Buhari Must Do Now

 

“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:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • 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

Global Clusters Launches SparkHubs in Surulere to Boost Youth Digital Literacy
News

Global Clusters Launches SparkHubs in Surulere to Boost Youth Digital Literacy

by TheConscience NG
March 10, 2026
Alpha Morgan Bank Gets CBN Capitalisation Nod, Sets for More Growth
Business

Alpha Morgan Bank Gets CBN Capitalisation Nod, Sets for More Growth

by TheConscience NG
March 8, 2026
Zenith Bank Urges Women to Rise to Leadership, Growth at 2026 International Women’s Day Seminar
Business

Zenith Bank Urges Women to Rise to Leadership, Growth Ahead 2026 International Women’s Day Seminar

by TheConscience NG
March 4, 2026
IWD 2026: Ecobank Revamps ‘Ellevate’ Programme to Accelerate Growth for Women Entrepreneurs
News

IWD 2026: Ecobank Revamps ‘Ellevate’ Programme to Assist Women Entrepreneurs

by TheConscience NG
March 4, 2026
Nigeria Customs Showcases Data-Driven Reforms, Gains at WCO Forum
News

Nigeria Customs Showcases Data-Driven Reforms, Gains at WCO Forum

by TheConscience NG
March 3, 2026
LASTMA Deploys Drones, AI to Slash Emergency Response Time on Lagos Roads
News

LASTMA Deploys Drones, AI to Slash Emergency Response Time on Lagos Roads

by TheConscience NG
March 3, 2026
Next Post
AEO Records ₦362.79bn Growth, As NCS Hails Voluntary Remittances, Sanctions Defaulters

Apapa Customs Seizes Codeine, Fake Drugs, Stolen Cars

No Result
View All Result

Recent Posts

  • Global Clusters Launches SparkHubs in Surulere to Boost Youth Digital Literacy
  • Alpha Morgan Bank Gets CBN Capitalisation Nod, Sets for More Growth
  • Zenith Bank Urges Women to Rise to Leadership, Growth Ahead 2026 International Women’s Day Seminar
  • IWD 2026: Ecobank Revamps ‘Ellevate’ Programme to Assist Women Entrepreneurs
  • Nigeria Customs Showcases Data-Driven Reforms, Gains at WCO Forum

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