Gloria Odion
The Nigeria Customs service has commenced an impressive run towards meeting the 2025 revenue target of N6.5 trillion when it realized a princely sum of N1.75 trillion in the first quarter of the year.
The quarterly revenue haul,which was N106.5 billion more that the quarterly target of N1.6 billion, signals the intention of the service to exceed this year’s revenue target.
Giving an account of the activities of the service on Tuesday, April 22nd, 2025, the Comptroller General of Customs, Adewale Adeniyi, said the first quarter revenue achieved 106.47 percent of the service projection.
“This outstanding performance represents a substantial 29.96% increase compared to the same period in 2024, where we collected
₦1,347,705,251,658.31.
“Our month-by-month analysis reveals even more encouraging details of this growth trajectory. January’s collection of ₦647,880,245,243.67 not only surpassed its monthly target of ₦548.33 billion by 18.12%, but also showed a remarkable 65.77% year-on-year growth.
” February’s ₦540,105,439,535.18 exceeded its target by 1.3% while achieving 19.97% growth over 2024 figures.
“March maintained this positive trend with ₦563,516,567,519.20, delivering 2.7% above target and an 11.22% improvement over March 2024.
“These results substantiate our effective measures to curb revenue losses while streamlining compliant trade. The 29.96% annual increase and steady monthly collections confirm our strategy is working.
“We’ll maintain this momentum through rigorous enforcement and strengthened partnerships” CGC Adeniyi pledged.
In the same vein, the service recorded an an impressive seizures of contraband and smuggled goods during the period under review.
It intercepted 298 smuggled goods with the Duty Paid Value(DPV) of N7.7 trillion.
“This represents a significant 78.41% increase compared to the ₦4,315,162,568.35 recorded in Q4 2024, demonstrating heightened operational effectiveness.
“However, when compared to Q1 2024’s
₦9,587,256,998.05, the Service observed a 19.70% reduction in DPV,
attributable to improved compliance through sustained stakeholder engagement and the deterrent effect of our enforcement activities.
“Rice remained the most prevalent seized commodity, with 159 cases involving 135,474 bags valued at ₦939,309,698.00.
“Petroleum products followed with 61 seizures totaling 65,819 liters (₦43,336,160.81 DPV).
” Of particular note were 22 narcotics interceptions valued at ₦730,748,173.00, reflecting our intensified focus on combating drug trafficking.
” The Service also recorded three high-value wildlife product seizures with a remarkable ₦5,653,522,600.00 DPV, underscoring both the lucrative nature of this illegal trade and our commitment to environmental protection under international conventions.
“Other notable seizures included textile fabrics (13 cases, ₦134,219,330.00 DPV), retreaded tires (5 cases, ₦104,599,000.00 DPV), and pharmaceuticals (1 case, ₦17,188,000.00 DPV).
“These comprehensive results demonstrate the Service’s vigilance across all categories of prohibited and restricted goods.
Under the same period, the customs processed a total of 327,928 Single Goods Declarations(SGDs) for import while it processed 8,153 export shipments
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