HomeLocal NewsCustoms generates N2.5tr revenue from January - November

Customs generates N2.5tr revenue from January – November


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The Nigeria Customs Service (NCS) generated over N2.5 trillion revenue between January and November this year.

NCS National Public Relation Officer, Timi Bomadi said, the agency was given N1.679 trillion revenue target for this year, based on its last year’s performance.

Addressing reporters at a press conference in Lagos yesterday,  Bomadi attributed the remarkable success to the current leadership of the Service, and to the diligent and hardworking officers of the NCS.

Although the image maker only mentioned N2.3 trillion as revenue collected by the service to date, but sources at The Federal Ministry of Finance (FMoF) revealed that the service generated about N2.5trillion between January and November this year.

Bomadi said: “In the current year, the Nigeria Customs Service has already exceeded expectations in revenue generation by going beyond the target set for it by the government. Also in its anti-smuggling activities, the Service has made landmark seizures of absolutely prohibited items and items prohibited by trade.

“In August, the service made seizures of 17,137 kg of pangolin scales, 44 kg elephant tusks and 60 kg in pangolin claws all valued at over 22 billion naira. This was made possible through active collaboration between NCS, US, British, and German officials who helped in tracking the suspicious shipment. It further led to the arrest and prosecution of some foreign nationals and their local collaborators.

“In October FOU operatives in zone A seized 751 bullets concealed in garri sacks, while arms, ammunitions and military uniforms were intercepted at Tin Can port Lagos in September 2021 just to mention a few. Our warehouses in all border formations are overflowing with seizures of rice, groundnut oil, used clothing, used vehicles etc.

“At Apapa Area I Command, through the cooperation of other sister agencies and the Nigerian Navy a landmark seizure of cocaine with a DPV of $54 million was made. This seizure was unique for the fact that the illicit substance was found in one of the components of a bulk carrier of sugar. In the same command, 97 containers carrying illicit, expired drugs and other offensive goods with a Duty Paid Value (DPV) of N17.5billion naira was seized.


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