President Bola Ahmed Tinubu’s reforms resulted in record-breaking income of N1.3 trillion earned by the Nigeria Customs Service in the first quarter of 2025, according to the NCS Comptroller General.
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In a State House video that will be released in honor of President Bola Tinubu’s second anniversary, Comptroller-General of Customs Bashir Adewale Adeniyi said that the revolutionary reforms implemented by Tinubu’s Renewed Hope Agenda were responsible for this outstanding expansion.
Bayo Onanuga, spokesman for the president, announced on Saturday that the income collected in the first quarter of 2025 was N1,200 billion, which is more than double the amount collected in the same period in 2023.
During the first quarter of 2025, we managed to gather N1.3 trillion total. Increases in import quantities are not to blame. Foreign exchange limits have caused a decline in imports. The comptroller general stated that there has been an improvement in efficiency, transparency, and enforcement.
Customs is gearing up to roll out the E-Customs Modernisation Project, a $3.2 billion endeavor to digitize payment systems, cargo processing, and border surveillance systems throughout Nigeria, according to the statement, which cited the CG.
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We’re getting ready to switch from a paper-based system to one that’s entirely digital. Crucial to our trajectory going forward is the E-Customs Project. According to his projections, once completely implemented, it will generate $250 billion in additional revenue over the course of 20 years.
The service has ramped up its anti-smuggling activities and sealed long-standing income leaks, according to the Customs CG.
He announced the dismantling of significant smuggling gangs at the Seme, Idiroko, Katsina, and Sokoto borders as well as the recovery of nearly N64 billion from under-assessed or undervalued imports in the past nine months.
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Additionally, he mentioned that the new border patrol task groups that were formed in collaboration with the Nigerian Army, DSS, and Police had been successful.
It’s no longer enough for us to simply pursue drug dealers in the wild. We’re taking immediate action based on data, port intelligence, and surveillance drones. Systemic leakages are finally being addressed, according to Adeniyi.
Currently, you have to manually handle up to fifteen different agencies. All of your online needs can be met with the Single Window.
According to the CG, this will significantly reduce the time and money needed for clearance. They also mentioned that for conforming importers, the clearance deadlines at Apapa and Tin Can Ports have already been reduced from 21 days to 7-10 days.
According to the Comptroller-General, the agency is collaborating with the Nigerian Export Promotion Council (NEPC) to expedite the processing of outbound cargo in response to the government’s initiative to increase exports of goods other than oil. Fast-track lanes have also been established for agro-exports.
We’re pushing exports hard. Through official channels, Nigeria’s exports of solid minerals and agricultural commodities increased by 38% last year, reaching over ₦340 billion. “In 2025, we intend to target even more,” he declared.
According toFurucinovel, Customs reported N1.75 million in income for the first quarter of 2025 in April of that year.