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Home Economy Customs Generates Over ₦7trn in 2025, Launches Time Release Study
  • Economy

Customs Generates Over ₦7trn in 2025, Launches Time Release Study

By
Prnigeria
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January 26, 2026
Bashir Adewale Adeniyi, Comptroller General of Customs, CGC

Customs Generates Over ₦7trn in 2025, Launches Time Release Study

The Nigeria Customs Service (NCS) has recorded a total revenue collection of ₦7.281 trillion in 2025, surpassing its target of ₦6.584 trillion and representing a year-on-year growth of 19 percent.

The Comptroller-General of Customs, Bashir Adewale Adeniyi, said the achievement reflects disciplined enforcement, improved compliance, digitalisation, and collaboration with the private sector.

The announcement was made during the 2026 International Customs Day celebration held at the Ladi Kwali Hall, Abuja Continental Hotel, on Monday.

The event also marked the official launch of the Nigeria Time Release Study (TRS), a comprehensive diagnostic tool designed to assess and improve trade clearance efficiency at Nigerian ports.

Adeniyi explained that the TRS, conducted at Tincan Island Port, provides validated clearance timelines for over 600 declarations, identifying bottlenecks and idle periods that slow down goods movement.

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He said the study would guide evidence-based reforms to make Nigeria’s trade gateways more secure, efficient, and globally competitive.

The Comptroller-General also highlighted the NCS’s commitment to protecting society, citing over 2,500 seizures in 2025 of prohibited and harmful goods valued at more than ₦59 billion.

These included narcotics, counterfeit medicines, wildlife products, arms and ammunition, petroleum products, vehicles, and substandard consumer goods, which Adeniyi said helped prevent addiction, unsafe treatments, violent crime, environmental degradation, and other societal harms.

Adeniyi further outlined the NCS’s plans to sustain the dual mission of protection and facilitation through intelligence-led enforcement, procedural reforms to reduce clearance times, and strengthened partnerships with government agencies, the private sector, port operators, and international bodies such as the World Customs Organization.

He added that the TRS will be institutionalized as a regular monitoring tool to continuously improve port operations and ensure that lawful trade is facilitated without compromising security.

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