Close Menu
  • Home
  • News
  • Sport
  • Politics
  • Column
  • Business
  • Entertainment
    • Photos
    • Fashion
    • Movies
    • Music
    • Life & Style
      • Crime
      • R&D Health
      • Diet and Fitness
      • Intimacy
  • Videos
  • About Us
    • Contact Us
Facebook X (Twitter) Instagram
Trending
  • Troops arrest four suspected armed robbers, recover weapons in Jos
  • NSC considering inviting foreign-based athletes to subsequent sports festivals
  • First Lady receives AFUED Honorary award
  • Tinubu’s mining reforms yield six-fold increase in revenue, $800m foreign investment, reveals Alake
  • Wike pulls out of PDP reconciliation deal, blames Makinde for party crises
  • I’m inspired to support growth, development with my doctorate  —Oduntan
  • Amotekun apprehends six suspects for alleged house breaking, stealing
  • NSF: Team Ogun defeat Golden Eaglets, qualify for football final
Facebook X (Twitter) Instagram
The Eagle OnlineThe Eagle Online
  • Home
  • News

    First Lady receives AFUED Honorary award

    May 25, 2025

    Tinubu’s mining reforms yield six-fold increase in revenue, $800m foreign investment, reveals Alake

    May 25, 2025

    Wike pulls out of PDP reconciliation deal, blames Makinde for party crises

    May 25, 2025

    I’m inspired to support growth, development with my doctorate  —Oduntan

    May 25, 2025

    Community awards N1.2b contract for education, youth development.

    May 25, 2025
  • Sport

    NSC considering inviting foreign-based athletes to subsequent sports festivals

    May 25, 2025

    NSF: Team Ogun defeat Golden Eaglets, qualify for football final

    May 25, 2025

    EPL: All to play for as curtain falls on 2024/2025 season

    May 25, 2025

    NSF Day 7: Team Delta soars to 103 medals + Table

    May 25, 2025

    Arsenal win 2024/25 Women’s Champions League

    May 24, 2025
  • Politics

    Ondo 2024: Tribunal fixes date for judgment

    May 25, 2025

    2027: South West PDP must ensure Makinde gets party’s presidential ticket — Group

    May 25, 2025

    2027: Three people can weaken Tinubu’s bid — Primate Ayodele

    May 25, 2025

    Peter Obi speaks on party platform to run in 2027

    May 24, 2025

    Atiku, Sambo visit Aregbesola ahead of Owa Obokun’s coronation + Video

    May 23, 2025
  • Column

    Defections, Tinubu’s endorsement, and 2027 polls, by Tunde Rahman

    May 25, 2025

    It’s time Akpabio, Abbas, lawmakers have mercy on National Assembly retirees, by Taiwo Adisa 

    May 25, 2025

    Trump, Malema, Ramaphosa and the Oval Office grill, by Femi Fani-Kayode

    May 25, 2025

    Of journalists’ deaths, security lapses and cut-throat taxes, by Hassan Gimba

    May 25, 2025

    Tinubu’s lifejacket and a deer’s sacred skin, by Festus Adedayo 

    May 25, 2025
  • Business

    Tinubu’s reforms pushed Customs Revenue to N1.3t in Q1 2025 — CG

    May 25, 2025

    Onyeali-Ikpe champions transformational leadership at London Business School Women’s Day Forum

    May 24, 2025

    There was no insider trading by MD of Fidelity Bank — NGX

    May 24, 2025

    Shell Nigeria Gas engages stakeholders on deepening gas distribution

    May 23, 2025

    Fidelity Bank increases staff salaries

    May 23, 2025
  • Entertainment
    1. Photos
    2. Fashion
    3. Movies
    4. Music
    5. Life & Style
      • Crime
      • R&D Health
      • Diet and Fitness
      • Intimacy
    Featured

    Gov. Adeleke salutes Ogbeni Aregbeola at 68

    By The Eagle OnlineMay 25, 2025 Life and Style 2 Mins Read
    Recent

    Gov. Adeleke salutes Ogbeni Aregbeola at 68

    May 25, 2025

    How to attain good retirement amid economic headwinds — Adegbayi

    May 25, 2025

    Tinubu congratulates Ayo Obe at 70

    May 24, 2025
  • Videos

    Video: 2027: Alliance to have Atiku as president for one term, Obi as VP, to then run for presidency in 2031

    April 12, 2025

    APC Crisis: Why Tinubu demanded for Sanwo-Olu’s resignation

    April 10, 2025

    How Driver Of Gas-Bearing Truck Brought Misery To Many Under Otedola Bridge – Dotun Oladipo

    March 15, 2025

    Korra Obidi calls out ex-husband for failing to pay child support

    December 7, 2023

    2024 will be year of turbulence -Apostle Selman

    December 7, 2023
  • About Us
    • Contact Us
The Eagle OnlineThe Eagle Online
Home»Business»Tinubu’s reforms pushed Customs Revenue to N1.3t in Q1 2025 — CG
Business

Tinubu’s reforms pushed Customs Revenue to N1.3t in Q1 2025 — CG

The Eagle OnlineBy The Eagle OnlineMay 25, 2025No Comments
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Comptroller-General of the Nigeria Customs Service, CG Bashir Adewale Adeniyi, has revealed that the reforms of President Bola Tinubu pushed the service to record an unprecedented revenue of N1.3 trillion in Quarter 1 of 2025.

The figure released by the Comptroller-General of Customs showed that it more than doubled the N600 billion collected during the same period in 2023.

Adeniyi attributed this remarkable growth to transformative reforms under Tinubu’s Renewed Hope Agenda.

This was revealed in an upcoming State House documentary marking the President’s second anniversary in office.

Adeniyi highlighted that the revenue surge emanated from improved technological deployment, enhanced port operations, tightened enforcement on revenue leakages, and a renewed culture of accountability across Customs commands.

He said: “We collected N1.3 trillion in Q1 2025 alone. 

“This is not due to higher import volumes. 

“Imports have dropped due to foreign exchange constraints. 

“What has changed is efficiency, transparency, and enforcement.”

Adeniyi disclosed that the Service is preparing to launch the E-Customs Modernisation Project. 

The $3.2 billion initiative will digitise cargo processing, surveillance, and payment systems across Nigeria’s ports and borders.

He said: “We’re laying the foundation to move from a manual, paper-based system to a fully digital service. 

“The E-Customs Project is central to our future. 

“Once fully deployed, we project it will add $250 billion in cumulative revenue over 20 years.”

Adeniyi added that the newly launched Authorised Economic Operator (AEO) Programme is now onboarding pre-vetted importers, allowing compliant businesses faster processing and reducing port congestion.

He said: “It’s about trust and efficiency. 

“If you’re compliant, you get green-lane treatment. 

“This is how modern customs systems work globally.”

The Customs CG confirmed that the Service has intensified its anti-smuggling operations and closed long-standing revenue leakages.

He said over N64 billion was recovered from previously under-assessed or undervalued imports in the last nine months, and major smuggling rings at the Seme, Idiroko, Katsina, and Sokoto borders have been dismantled.

He said the new joint border patrol task forces established in coordination with the Nigerian Army, Department of State Services, and Nigeria Police have also yielded positive results.

He said: “We’re no longer just chasing smugglers in the bush. 

“We’re using data, surveillance drones, and port intelligence to act in real-time. 

“Once systemic leakages are now being plugged.”

To ease trade and reduce business costs, Adeniyi disclosed that the NCS is fast-tracking the roll-out of the National Single Window. 

This digital portal will integrate all government agencies involved in cargo clearance.

He said: Right now, you deal with up to 15 agencies manually. 

“With the Single Window, you’ll do it all online, in one place. 

“This will slash clearance time and costs.”

The said clearance timelines at Apapa and Tin Can Ports have already dropped from 21 days to seven to 10 days for compliant importers.

The Comptroller-General said the agency has introduced fast-track lanes for agro-exports and is working with the Nigerian Export Promotion Council (NEPC) to streamline outbound cargo processes in line with the government’s push for non-oil exports.

He said: “We’re promoting exports aggressively. 

“Last year, Nigeria exported over N340 billion worth of solid minerals and agro commodities through formal channels, up by 38 percent. 

Also Read

  • Troops arrest four suspected armed robbers, recover weapons in Jos
  • NSC considering inviting foreign-based athletes to subsequent sports festivals
  • First Lady receives AFUED Honorary award
  • Tinubu’s mining reforms yield six-fold increase in revenue, $800m foreign investment, reveals Alake
  • Wike pulls out of PDP reconciliation deal, blames Makinde for party crises

“We’re targeting even more in 2025.”

CG Adeniyi stated that the Customs Service is also undergoing internal transformation with over 1,800 officers trained in advanced data analytics, risk profiling, and artificial intelligence.

He added: “Customs is no longer just about physical inspection. 

“We are becoming an intelligence-led organisation, and our officers are being retrained to match global standards.

“The President gave us a clear directive: block leakages, facilitate trade, and raise revenue without burdening Nigerians. 

“That is what we are doing. 

“And the results are beginning to speak for themselves.”

Post Views: 33

Follow The Eagle Online Channel on WhatsApp

Customs Revenue Q1 2025
Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Previous ArticlePolice neutralise bandit, rescue five kidnapped victims in Katsina
Next Article Gov. Adeleke salutes Ogbeni Aregbeola at 68
The Eagle Online

Related Posts

Why Nigerian medical students from Sudan are yet to get MDCN nod — FG

May 25, 2025

Defections, Tinubu’s endorsement, and 2027 polls, by Tunde Rahman

May 25, 2025

NDLEA records massive interceptions of illicit drugs in one week + Video

May 25, 2025
© 2025 All Rights Reserved. The Eagle Online.
  • Home
  • Privacy Policy
  • Advert Rates
  • Submit News
  • Contact Us

Type above and press Enter to search. Press Esc to cancel.