The Nigeria Customs Service (NCS) has announced a record-breaking revenue of N1.3 trillion in the first quarter of 2025, more than double the N600 billion generated during the same period in 2023.
Comptroller-General of Customs, Mr. Bashir Adeniyi, made the disclosure in a forthcoming State House documentary marking President Bola Tinubu’s second anniversary in office.
He attributed the surge in revenue to sweeping reforms under Tinubu’s Renewed Hope Agenda.
“Imports had dropped due to foreign exchange constraints. What has changed are efficiency, transparency, and enforcement,” the Comptroller-General said.
According to presidential spokesperson Mr. Bayo Onanuga, Adeniyi highlighted that enhanced technological deployment, improved port operations, and stricter control of revenue leakages contributed to the gains. He also cited a renewed culture of accountability across Customs commands.