Customs
Customs eyes N9 trillion revenue in 2026
Funso OLOJO,Editor
The Nigeria Customs Service has set an ambitious revenue target of a whooping sum of N9 trillion for 2026.
It could be recalled that the NCS exceeded its 6 trillion revenue target for 2025 by 11 percent.
He described the development as unprecedented and a trend he vowed that the Service would sustain in 2026 and beyond
Adeniyi also disclosed that the Service exceeded its 2025 revenue target by about 11 per cent, based on an easier and more predictable trade process, which has boosted turnover and encouraged voluntary compliance among importers, exporters, clearing agents, and freight forwarders operating at the ports and border stations.
He said the decision followed engagements among authorities in the Federal Republic of Nigeria, the Republic of Benin, and consultations involving Niger, leading to approval for transit cargo movements along the Kébé route.
The CGC said the country was meeting its obligations to support landlocked countries by allowing transit goods to move to destinations such as Chad and Cameroon, while stressing that tighter technological controls would be deployed to ensure such consignments are not diverted into the domestic market.
Adeniyi assured that transit operations from major seaports, including Apapa Port and Tin Can Island Port, would continue with enhanced monitoring to generate more revenue and boost the security of the country.
The CGC pledged that the 2026 strategy will focus on sustained trade facilitation, deeper use of technology for risk management and cargo tracking, and stronger partnerships with the trading community, expressing confidence that the measures will support the revenue target and strengthen Nigeria’s position as a regional trade hub in West and Central Africa.
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