In 2025 Q1, Customs Rakes in ₦1.75trn Revenue, Seizes ₦7.7bn Smuggled Items
The Nigeria Customs Service (NCS) has reported a record-breaking revenue collection of ₦1.75 trillion in the first quarter (Q1) of 2025, surpassing its quarterly target by over ₦106 billion.
This milestone represents a 29.96% increase compared to the ₦1.34 trillion collected in the same period of 2024.
Comptroller-General of Customs, Bashir Adewale Adeniyi, disclosed this at a press briefing held at the Service’s headquarters in Abuja on Tuesday, attributing the performance to ongoing reforms and improved enforcement strategies under the Tinubu administration.
According to Adeniyi, January led the surge with ₦647.88 billion in revenue, reflecting a 65.77% year-on-year increase.
February and March followed with ₦540.1 billion and ₦563.5 billion respectively, both exceeding their monthly targets and recording double-digit growth from the previous year.
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In anti-smuggling operations, the NCS made 298 seizures with a Duty Paid Value (DPV) of ₦7.7 billion—marking a 78.41% increase from Q4 2024.
Seized goods included 135,474 bags of rice, petroleum products, narcotics, and high-value wildlife products.
Wildlife items alone accounted for ₦5.65 billion in DPV, underscoring the Service’s intensified enforcement efforts and global environmental commitments.
On trade facilitation, the Customs processed 327,928 import declarations weighing over 4.9 billion kilograms, valued at ₦14.8 trillion CIF.
While export declarations dipped by 24.4%, export volume jumped 348% to over 5 billion kilograms, indicating a shift to bulk commodity shipments.
The quarter also witnessed strategic milestones, including the launch of the Authorized Economic Operators (AEO) programme, expansion of the B’Odogwu clearance platform, and roll-out of a nationwide Corporate Social Responsibility initiative, Customs Cares.
Adeniyi reaffirmed the Service’s commitment to efficiency, transparency, and innovation, pledging to build on the Q1 momentum to meet and exceed the NCS’s ₦6.58 trillion annual revenue target.
