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Customs

Hike in duty exchange rate threatens Customs’ N5.1 trillion revenue target, as agents lament impact on import business

The Eyewitness Reporter 

The latest hike in the Customs duty exchange rate by the Central Bank of Nigeria (CBN) has thrown the freight forwarding business into disarray as the practitioners are presently reeling under the heavy impact of the increase.

It would be recalled that the trading public woke up Friday, February 2nd, 2024 to the shocking news that the CBN, once again and for the umpteenth time, has jerked up the Customs duty exchange rate from N951.941 to N1, 356.888 per dollar.

The announcement, which came like a bolt out of the blue, jolted the trading public, especially the customs brokers and importers, who were still smarting from the last increase done shortly before last Christmas.

The latest hike has thrown the customs brokers into a pensive mood as they watch the gradual decline in their business.

“This is one hike too many ” a notable Customs broker who ply his trade in Apapa port but craved for anonymity, lamented.

“It is now clear that this government is determined to ruin and run us out of business.

“When we are yet to get over the effect of the last hike in December, coming with this new one barely one month after, is a killer punch” he declared with a tinge of pain in his voice.

“Who could afford to pay between N10 million to N14 million customs duty on 40 footer container as a result of the latest hike?” he asked rhetorically.

” Even, if you manage to pay, the consumers will bear the brunt as the importers will automatically pass on the buck” he noted.

Prince Ozo Chukwurah, the Vice Chairman, the Board of Trustees of the Association of Nigerian Licensed Customs Agents (ANLCA), aligned with the position of the anonymous respondent.

“As of October 2023, the duty rate on 40 footer container was in the region of N5 million. We were then trying to cope with that.
“Now, you will need more than N9 million to clear the same container with the latest increase and the exchange rate will continue to go up” the ANLCA chieftain lamented.
Alhaji Tanko Ibrahim, the Coordinator of the 100 percent compliance team of the National Association of Government Approved Freight Forwarders(NAGAFF) spoke with similar pain in his voice.
” Even if you import shit( faeces) in a 40-foot container, you will pay nothing less than N10 million as customs duty as a result of this latest increase. For others, you could pay between N12 million to N15 million” he stated.
” But I bet you, all these will go back to the masses because the importer will get his money back while the masses, the final consumers, will bear the brunt.” Alhaji Ibrahim said.
He expressed anger at the insensitivity of the CBN whom he accused of raising the exchange rate for customs duty at the drop of the hat.
” My anger is that anytime the exchange rate rises in the forex market, the CBN will quickly raise the rate for Customs duty but will not bring it down when there is a fall in the exchange rate in the foreign exchange market” he lamented.
He disclosed that there is a massive hunger in the land.
” It is even fair in Lagos because of its status as the commercial capital of the country but go to other towns and cities, especially in the rural areas where people are suffering. “
” Could you imagine that a bag of beans in the North where it is produced is now about N80,000?
“How much will it sell in Lagos when it gets there” he asked rhetorically.
However, all the respondents believe that the rising exchange rate for duty will affect the realisation of the N5.1 trillion revenue target of the customs.
They said the situation will lead to a drastic drop in importation as many importers will either abandon their cargo at the ports for those whose consignments are caught in the web of the latest hike or refuse to bring in goods due to the increase.
“There will be less importation because of the scarcity of dollars and the hike in the exchange rate for customs duty.
“This will have a negative impact on the revenue target of customs”
” Even if they manage to collect it, the amount will be worthless in the face of the rising inflation in the country. It won’t have much impact on the economy” Chukwurah noted.
Alhaji Tanko Ibrahim said importers will cease importation to study the situation because the foreign exchange market is volatile and highly unpredictable.
” This rate will keep rising. I heard that in a little while, the CBN will still increase the customs duty exchange rate to N1,500 per dollar based on its penchant to respond to the increase in the forex market” he claimed.
The respondents were therefore unanimous in their views that it would be an uphill task for the customs to meet its revenue target this year due to the harsh operating environment at the Ports
” Revenue targets are proposals and the Customs don’t have to kill themselves and the clearing agents in their efforts to meet them,” Prince Chukwurah said.
” I am very sure the Customs officers too don’t like what is happening because they too are Nigerians who are not immune against the hardship in the country.
” We all go to the same markets” Alhaji Ibrahim, the NAGAFF chieftain observed.
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Customs

Nigeria, Benin Customs move to harmonise trans-border trade, establish joint border post at Seme-Krake

Funso OLOJO, Editor

Nigeria and Benin Republic have taken a major step towards harmonising cross-border trade procedures and removing bottlenecks along the strategic Abidjan-Lagos Corridor, with the two countries moving to establish a Joint Border Post at the Seme-Kraké frontier.

The initiative is designed to deepen regional economic integration, facilitate legitimate trade, improve border security and enable the seamless movement of goods and people between the two countries.

The development gathered momentum on Friday, September 11, 2026, when the Nigeria Customs Service (NCS) and the Benin Customs Administration conducted a joint assessment of the infrastructure and operational readiness of the proposed One-Stop Border Post at Seme-Kraké.

The exercise, tagged “Joint Nigeria-Benin Republic One-Stop Border Post Assessment at Seme-Kraké,” was themed “Leveraging the Nigeria Customs Service Trade Modernisation Project to Advance Seamless Cross-Border Trade and Shared Prosperity.”

The assessment is part of a broader effort by the two Customs administrations to harmonise border procedures, reduce trade barriers, strengthen institutional coordination and improve the efficiency of legitimate commerce across the Nigeria-Benin border.

Speaking at the ceremony, the Comptroller-General of the Nigeria Customs Service, Dr. Adewale Adeniyi, said the assessment was aimed at reviewing the operational readiness of the facility, examining existing border processes and infrastructure, and demonstrating the border-modernisation solution being deployed to support secure interoperability between the two Customs administrations.

 

Adeniyi stressed the strategic importance of the Seme-Kraké crossing, describing it as one of the busiest land borders in West Africa and a critical gateway along the Abidjan-Lagos Corridor.

According to him, the corridor carries more than 70 per cent of the sub-region’s transit trade, making efficiency at the Seme-Kraké border critical to the economies of countries along the route.

He said the border operates around the clock throughout the year, warning that delays at the crossing have consequences far beyond the immediate border environment.

“Every hour lost at this gate is multiplied across thousands of consignments and tens of thousands of travellers, and is paid for in the price of goods in markets from Cotonou to Lagos.

“Conversely, an hour saved here is saved for the whole region. There are few places on this continent where the ratio between effort and effect is as favourable as it is at this crossing,” he said.

The Customs boss, however, noted that despite the two administrations operating within the same border environment, they were yet to achieve full digital interoperability.

He said there was still no seamless real-time exchange of declarations, manifests, transit information, risk profiles and enforcement alerts between the two countries.

Adeniyi disclosed that the NCS had therefore commenced work towards interconnecting the two administrations through a common data-exchange arrangement.

He explained that the system would enable declarations lodged on one side of the border to become visible to the other administration in real time, while transit consignments could be tracked from origin to destination.

He added that risk profiles and enforcement alerts generated by one Customs administration would also be transmitted to its counterpart while such information remained operationally useful.

The CGC further drew attention to the critical role of informal cross-border traders, particularly women, in the regional economy.

He said women account for more than 70 per cent of informal cross-border traders across Africa, adding that the pattern was particularly pronounced along the Nigeria-Benin corridor.

According to him, about 22 per cent of Benin’s informal exports are destined for Nigeria, while informal trade accounts for an estimated one-fifth of economic activity in Nigeria and a significantly higher proportion in Benin.

Adeniyi commended the Benin Customs Administration for the confidence it had placed in the Nigerian Customs Service and the leadership of both administrations to drive the One-Stop Border Post initiative.

On his part, the Director-General of the Benin Customs Administration, Raouf Malehossou, commended Nigeria for spearheading the initiative, describing the integration of border operations as critical to economic growth and regional trade.

Malehossou said the proposed Joint Border Post was fundamentally about strengthening risk management and prevention by enabling Customs administrations to anticipate potential threats and address them at the earliest possible stage.

He said the ability to identify risks early was critical to effective border management, trade facilitation and national security.

“These are the fundamental questions that a Joint Border Post operating under a One-Stop-Shop model must be able to answer,” he said.

The Benin Customs chief stressed that achieving the desired level of efficiency would require more than modern roads, scanners and physical infrastructure.

He said smooth and secure border operations depended on a comprehensive package of reforms encompassing close institutional coordination, genuine digital interoperability, clear lines of responsibility and sustained investment in Customs personnel.

He urged the technical teams from both countries to use the assessment to identify not only what currently exists but also what needs to be done to make the facility capable of meeting future demands.

Malehossou said the ultimate objective should be a border operating through genuine coordination, shared facilities, harmonised procedures and joint controls.

He described the initiative as a critical component of the future of African trade and regional integration within ECOWAS, particularly the Abidjan-Lagos Corridor.

“The bridge we see today provides a vital physical link between Abidjan and Lagos and beyond. Our historic responsibility now is to ensure that the movement of people and goods across this corridor is as efficient and seamless as the infrastructure allows,” he said.

He called on both administrations to move from assessment to implementation, declaring: “Let us therefore get to work.”

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Customs

The Afeni Effect: Inside Ogun I Customs’ war on smuggling and battle for Nigeria’s economy

Funso OLOJO, Editor 

At Nigeria’s south-western border with the Republic of Benin, the battle against smuggling is no longer merely about intercepting bags of rice, petroleum products or second-hand clothing.

Increasingly, it is a battle over the survival of local industries, food security, public health, legitimate trade, national revenue and, ultimately, Nigeria’s economic security.

At the centre of that battle is the Ogun I Area Command of the Nigeria Customs Service, Idiroko, where Deputy Comptroller Olukayode Oladapo Afeni, the Acting Customs Area Controller, has presided over an increasingly aggressive enforcement campaign.

The numbers tell part of the story.

Under Afeni, the Command’s seizure diary has expanded from narcotics and prohibited food products to petroleum products, tyres, pharmaceuticals, clothing, sugar, fertiliser and even antiquities and wildlife.

But perhaps more significant than the sheer volume of seizures is the philosophy emerging behind them: make the border hostile to illicit trade while making it more accessible to legitimate commerce.

That approach dovetails with the broader economic direction of President Bola Ahmed Tinubu’s administration, which has consistently presented the Renewed Hope agenda as a programme aimed at strengthening domestic production, protecting investment, improving revenue and securing Nigeria’s economic space.

At Ogun I, those objectives are increasingly being translated into frontline enforcement.

THE AUGUST SCORECARD: ₦3.574 BILLION IN ONE ENFORCEMENT WINDOW

The latest chapter in Afeni’s seizure diary is particularly revealing.
Between June 24 and August 13, 2026, the Ogun I Command intercepted prohibited goods with a combined Duty Paid Value of ₦3,574,435,248.08.

Among the most striking seizures were 6,035 parcels of Ghana Loud/Indica, 2,339 bags of foreign parboiled rice, 70 cartons of basmati rice, 30 bags of foreign sugar, 11,450 litres of Premium Motor Spirit in kegs, another 1,750 litres of PMS in drums and 30 kegs of diesel.

The inventory also included 100 bags of fertiliser, 67 bales of second-hand clothing, 2,674 pieces of new shorts and trousers, 3,760 pieces of new tops, 85 fire extinguishers, 480 cartons of Pure Haven drinks, cosmetics, oats, hair accessories, surgical shoes and 127 new purses.

Yet the cannabis seizure stood out.
The 6,035 parcels of Ghana Loud/Indica were formally handed over to the National Drug Law Enforcement Agency, NDLEA, Idiroko Special Command, for further investigation and necessary action.

Afeni subsequently disclosed that from January 2026 to the August briefing, the Command had handed over 32,412 parcels of hard drugs and 92 sacks of raw Cannabis Sativa to the NDLEA Idiroko Special Command.

That statistic provides perhaps the clearest indication of the changing character of smuggling through the Ogun border.

It is no longer simply a question of economic contraband. Increasingly, it is a question of economic and national security.

BEFORE AUGUST CAME ₦4.63 BILLION

The August seizure did not emerge in isolation.
Between April 1 and June 23, 2026, the Command recorded 146 seizures with a cumulative DPV of ₦4,628,591,970.16, while generating ₦259,777,346.89 during the same period.

The revenue figure represented a remarkable 238 per cent increase over the ₦76.81 million recorded during the corresponding period of 2025.

That performance is significant because the Ogun I story under Afeni has not been exclusively about seizure.

There has also been an attempt to combine enforcement, revenue generation and trade facilitation.

The second-quarter seizure list was extensive: 2,807 bags of foreign parboiled rice, 9,482 parcels of Cannabis Sativa, 62 sacks of raw marijuana, 16,525 litres of PMS, 475 litres of diesel, 7,642 pieces of footwear, 2,427 pneumatic tyres, 63 sacks of foreign sugar, 73 bales of second-hand clothing, fertiliser, imported flour, frozen products and pharmaceuticals.

The Command also handed over 6,981 parcels of Cannabis Indica/Ghanaian Loud and 62 sacks of raw marijuana to the NDLEA, while illicit pharmaceutical products, including 77 cartons of Analgin injections containing 138,600 tubes, were transferred to NAFDAC.

In other words, Afeni’s seizure diary is also becoming a diary of inter-agency enforcement.

THE ₦1.35 BILLION CHAPTER

Earlier, between February and March, the Command intercepted prohibited goods valued at approximately ₦1.35 billion.
That operation produced another revealing catalogue of commodities moving through the border environment.

They included 2,539 kegs of vegetable oil, 4,325 cartons of foreign spaghetti, 1,204 bags of foreign parboiled rice, 2,547 parcels of Cannabis Sativa and 13,625 litres of PMS.

Four live pangolins and two antique artefacts believed to date from the 19th century were also intercepted.The vegetable oil seizure was particularly significant.

Customs described it as part of efforts to protect domestic producers from unfair competition created by smuggled goods.

That is where the anti-smuggling campaign intersects directly with the Renewed Hope economic argument.

For every prohibited consignment that enters Nigeria outside the legal import regime, there is potentially a local manufacturer, farmer, investor or legitimate trader being placed at a disadvantage.

The Customs position, therefore, is that enforcement is not simply about confiscation. It is about protecting the productive economy.

THE RICE WAR

Foreign rice has perhaps become the most visible symbol of the economic contest at the Ogun border.

Again and again, rice appears in Afeni’s seizure diary.
In the April-June enforcement period alone, 2,807 bags of foreign parboiled rice were intercepted.

In the latest June-August operation, another 2,339 bags, alongside 70 cartons of basmati rice, were seized.

Afeni’s argument has been straightforward: the illegal inflow of foreign rice undermines local farmers, domestic rice mills and agricultural investors.

That position aligns the border enforcement campaign with the Federal Government’s broader food-security objectives.
The logic is compelling.

If government policy encourages Nigerians to invest in agriculture and local food processing while smugglers simultaneously flood the market with cheaper prohibited imports, then the border becomes the first point at which that economic policy must be defended.

In this sense, a bag of seized foreign rice is no longer merely a Customs seizure. It represents a direct intervention in the competition between illegal imports and domestic production.

WHEN SMUGGLERS FIGHT BACK

Afeni’s seizure diary also records an increasingly dangerous side of the border war.
In one June operation, Customs officers intercepted a truck carrying 113 bags of foreign parboiled rice along the Itori-Wasimi-Abeokuta corridor.

According to the Command, the driver ignored the officers’ signal to stop and attempted to ram the patrol vehicle before he was apprehended.

In another operation, 630 bags of foreign rice were intercepted along the Afamin-Igbogila axis.

Earlier enforcement operations had also involved resistance and attacks on Customs personnel.

This suggests that the enforcement environment around the Ogun border cannot be treated as an ordinary regulatory exercise.
The stakes are evidently high enough for some operators to risk confrontation with armed government personnel.

That makes the Command’s emphasis on intelligence, technology and collaboration with sister agencies particularly important.

FROM PATROLS TO INTELLIGENCE

Perhaps the most important change in the Afeni approach is the apparent movement away from purely reactive patrols towards intelligence-led enforcement.

The August operation, according to Customs, was strengthened by intelligence gathering, technology and collaboration with sister security agencies.

That is significant because border smugglers are themselves adapting.

Their methods increasingly involve concealment, multiple routes, small consignments, night movements, abandoned structures, bush paths and waterways.

The Customs response, therefore, has had to become more sophisticated.

The objective is no longer simply to wait for contraband to appear at a checkpoint. It is to identify the networks, understand the routes and intercept consignments before they reach the Nigerian market.

That represents a fundamentally different model of border enforcement.

BUT THERE IS ANOTHER SIDE TO THE STORY

Interestingly, while the seizure diary has expanded, so has the Command’s legitimate trade profile.

Between April and June, Ogun I facilitated 20,972 metric tonnes of exports with a Free-On-Board value of ₦1.049 billion — a dramatic improvement over the corresponding period of 2025, when no export activity was recorded.

By the August briefing, the Command reported 10,110 metric tonnes of exports, valued at ₦2.594 billion FOB, with white talc, crushed thermal coal and CNG identified among the major export commodities.

That development deserves attention.
A successful border command cannot simply become a wall. It must become a filter.
The illegal must be stopped; the legitimate must be facilitated.

So far, the figures suggest that Ogun I is attempting to pursue both sides of that equation.

THE AFENI EQUATION

The emerging Afeni equation can be reduced to four words:
Enforcement. Revenue. Security. Trade.

The enforcement figures are substantial.
The revenue numbers show improvement.
The volume of narcotics handed over to the NDLEA demonstrates the security dimension.

And the rising export statistics point towards the trade-facilitation component.

The interconnectedness of the four is clear.
A secure border encourages legitimate commerce.

Legitimate commerce generates revenue.
Revenue strengthens government capacity.
And strong enforcement protects legitimate operators from unfair competition.

This is the economic-security argument behind the Ogun I experience.

A COMMAND UNDER PRESSURE

Yet the Afeni record should not be romanticised. It should be understood for what it is.

The persistence of large-scale seizures itself demonstrates that the smuggling economy remains alive.

Every seizure is evidence of successful enforcement, but it is also evidence that somebody remains willing to attempt the illegal movement of the goods.

The continued appearance of rice, petroleum products, narcotics, clothing and other prohibited commodities means that the underlying economic incentives driving smuggling have not disappeared.

Perhaps this is where the larger policy question arises:
Can enforcement alone permanently defeat smuggling?
Probably not.

Border communities need legitimate economic alternatives. Traders need predictable procedures. Exporters need efficient processing. Security agencies need sustained inter-agency cooperation.

And the Customs Service must continue to ensure that legitimate trade is not inadvertently caught in an enforcement net designed for criminal networks.

Afeni’s challenge, therefore, is bigger than producing impressive seizure statistics.
It is to help transform Idiroko from a border corridor defined by illicit commerce into a gateway for legitimate Nigerian production and exports.

THE RENEWED HOPE TEST

The real test of the Renewed Hope agenda at the border is not how many bags of rice Customs can seize.

It is whether those seizures ultimately contribute to a market environment in which Nigerian farmers can produce competitively, local manufacturers can survive, legitimate traders can operate profitably, government can collect its lawful revenue and criminal networks can no longer exploit the border as an economic highway.

By that measure, Afeni’s diary offers an interesting case study.

From the ₦1.35 billion seizure chapter of February-March, to the ₦4.63 billion recorded between April and June, and then the ₦3.574 billion seizure window stretching from June 24 to August 13, the operational tempo has remained high.

And behind those numbers is an increasingly diversified enforcement portfolio: drugs, rice, petroleum products, vegetable oil, tyres, pharmaceuticals, clothing, sugar, fertiliser, wildlife and antiquities.

More importantly, the Command has coupled seizures with drug handovers, inter-agency operations, revenue collection and legitimate export facilitation.

That may ultimately prove more significant than any single seizure.

THE DIARY CONTINUES

As August 2026 closes, one conclusion appears difficult to dispute:
The Ogun I border is no longer being treated merely as a Customs collection point. It is increasingly being managed as an economic-security theatre.

For smugglers, the apparent message from Idiroko is unmistakable: the routes are being watched, the networks are being pursued and the cargoes are increasingly vulnerable to interception.

For legitimate businesses, however, there is another message: the border is expected to become a safer and more predictable channel for lawful commerce.

And for the Tinubu administration’s Renewed Hope agenda, that distinction is critical.
Because the ultimate measure of success is not the size of the seizure warehouse.

It is the size of the legitimate economy that emerges when the smuggling economy is squeezed out.
For now, Afeni’s seizure diary is still being written.
And at Idiroko, the pages are filling up fast.

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Customs

Apapa Customs sets new single-day revenue record with ₦28.1bn collection

Gloria Odion Maritme reporter

The Nigeria Customs Service (NCS), Apapa Area Command, has smashed its previous single-day revenue record, raking in ₦28.102 billion in just 24 hours on Tuesday, August 18, 2026.

The record ₦28,102,000,914.61 collection is the highest single-day revenue haul ever recorded by the Command, eclipsing the previous benchmark of ₦20.1 billion, achieved in September 2025, shortly after Comptroller Emmanuel Oshoba assumed office as Customs Area Controller.

The latest feat comes barely three weeks after the Command posted another landmark performance, collecting an unprecedented ₦323 billion in July 2026.

The successive records point to a sustained revenue surge at Nigeria’s premier port command, driven by tighter compliance, improved trade facilitation, intelligence-led interventions and greater efficiency in digital Customs processes.

Reacting to the latest milestone, Comptroller Oshoba said the record should not be viewed merely as a collection figure, but as a reflection of Customs’ contribution to Nigeria’s economic development.

He noted that revenue generated by the Service forms part of government resources deployed to finance critical national priorities, including infrastructure, security, education, healthcare and other public services.

Oshoba dedicated the achievement to the government and people of Nigeria, while commending the Comptroller-General of Customs, Bashir Adewale Adeniyi and the management team for their continued support for automation, modernisation and reforms designed to make Customs operations more efficient, transparent and business-friendly.

The Apapa CAC also acknowledged the cooperation of compliant importers, exporters, licensed Customs agents and other stakeholders, as well as Nigerians whose actionable intelligence has supported the Command’s enforcement and revenue-collection efforts.

He stressed that every compliant transaction contributes to national development, urging stakeholders to continue embracing legitimate trade.

According to him, a stronger revenue base gives government greater capacity to respond to citizens’ needs, provide critical infrastructure and create an environment in which businesses can thrive.

However, Oshoba cautioned officers and men of the Command against complacency, saying the latest record should be regarded not simply as an achievement but as a greater responsibility to deliver even better results.

He directed personnel to ensure that revenue collection remains balanced with trade facilitation, professionalism, transparency and respect for legitimate stakeholders.

The CAC further ordered officers to resolve genuine disputes promptly and ensure that Customs procedures do not unnecessarily frustrate lawful businesses.

With the latest record coming on the heels of its ₦323 billion July haul, the Apapa Area Command is increasingly emerging as a major engine of Customs revenue mobilisation, while simultaneously seeking to deepen compliance and facilitate legitimate trade.

The Command said it would sustain the momentum through enhanced revenue collection, improved trade facilitation, professionalism, digitalisation and stronger collaboration with stakeholders.

For Oshoba, the message behind the numbers is clear: every legitimate naira collected strengthens government’s capacity to deliver on its development agenda and improve the welfare of Nigerians.

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