Nigeria Customs Hits ₦7.28 Trillion Revenue Peak; Demands New Security Integration
The Nigeria Customs Service (NCS) has announced a significant financial breakthrough for the 2025 fiscal year. The agency generated a record-breaking ₦7.28 trillion in total revenue. This figure represents a massive surge compared to previous annual collections. Comptroller-General of Customs, Adewale Adeniyi, shared these details during a recent press briefing.
This revenue performance exceeded the initial targets set for the service. Several factors contributed to this impressive growth in income. The NCS implemented several aggressive digital reforms throughout the year. These new systems helped to plug leaks in the collection process. Improved compliance from major importers also boosted the final numbers significantly.
However, the agency is looking beyond just financial metrics. Adeniyi is now advocating for deeper integration with national security agencies. He believes that trade facilitation must align with border safety. The NCS seeks a unified platform for real-time intelligence sharing. This move would help track illicit goods more effectively.
Currently, fragmented data remains a challenge for border management. The Customs boss wants a seamless link with the military and police. Such a partnership would strengthen the fight against cross-border crimes. It would also reduce the time spent on manual inspections.
Modernising the service remains a top priority for the current leadership. The 2025 report highlights a shift toward a more transparent operation. Smuggling remains a major threat to the Nigerian economy. Better technology at the borders could deter these illegal activities.
The record revenue provides the federal government with vital fiscal space. These funds will support critical infrastructure projects across the country. Adeniyi promised to sustain this momentum into the new year. He urged all stakeholders to support the agency’s security initiatives. The NCS aims to remain a key pillar of national growth.
Future targets for 2026 are expected to be even more ambitious. Stakeholders are optimistic about the continued digitisation of port operations. Efficient customs processes are essential for a thriving Nigerian trade sector.