Customs: Oil, Gas Free Trade Zone Records N21.8bn Revenue in August
The Nigeria Customs Service (NCS), Oil and Gas Free Trade Zone Command, has recorded its highest-ever monthly revenue collection of ₦21.8 billion in August 2026, underscoring the growing economic activity within the zone.
The Customs Area Controller of the Command, Comptroller Immaculata Nyong, disclosed this while briefing stakeholders at the Command’s headquarters in Onne on the revenue performance.
Nyong said the Command collected ₦21,797,527,617.84 in August alone, raising its cumulative revenue generation between January and August 2026 to ₦70.1 billion.
She attributed the performance to increased investment and industrial activities within the Oil and Gas Free Trade Zone, as well as reforms by the Nigeria Customs Service to strengthen revenue collection, improve operational efficiency and facilitate legitimate trade.
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According to her, a well-functioning free trade zone serves as a catalyst for investment and industrial development by providing an enabling environment for businesses while ensuring compliance with applicable Customs obligations.
The Comptroller noted that the impact of improved revenue mobilisation extends beyond government revenue, as increased earnings could support infrastructure development, enhance public services and strengthen the country’s economic capacity when effectively utilised.
She credited the milestone to the reform-driven leadership of the Comptroller-General of Customs, Bashir Adewale Adeniyi, particularly the Service’s efforts to deploy technology-driven processes and strengthen compliance across its operations.
Nyong also commended officers and men of the Command, alongside stakeholders operating within the Free Trade Zone, for their commitment and cooperation.
She assured stakeholders that the Command would sustain its focus on trade facilitation, revenue generation and economic development, in line with the mandate of the Nigeria Customs Service.
