BREAKING: Customs Rakes In ₦7.28 Trillion, Exceeds 2025 Revenue Target

The Nigeria Customs Service (NCS) recorded a major revenue milestone in 2025, generating a total of ₦7.281tn, one of its strongest financial performances in recent years.

Naijaonpoint reports that the Comptroller-General of Customs, Bashir Adeniyi, disclosed this on Monday (today) in Abuja while delivering an address at the 2026 World Customs Day celebration, where he attributed the achievement to ongoing reforms, technology deployment and enhanced stakeholder engagement.

Adeniyi said the revenue outturn exceeded the Service’s approved annual target of ₦6.5 trillion by ₦697 billion, representing a positive variance of more than 10 per cent above expectations.

According to him, the figure also marked a significant improvement over the previous year’s performance.

“Ladies and gentlemen, even as we protect society and reform procedures, we must also sustain the financial health of the state. I am pleased to report that in 2025, the Nigeria Customs Service collected a total of ₦7.281 trillion, exceeding the target of ₦6.584tn with a positive variance of ₦697 billion, representing a growth of over 10 per cent against the target,” he said.

Providing further insight, the Customs boss explained that the Service recorded a year-on-year increase of about 19 per cent when compared to collections in 2024.

“When compared to 2024 collections, total revenue rose from ₦6.1tn to ₦7.28tn, an increase of approximately ₦1.18tn, or about 19 per cent year-on-year,” Adeniyi stated.

The Comptroller-General was, however, quick to dismiss any notion of self-congratulation, stressing that the figures were presented as evidence that the agency’s reform agenda was delivering measurable results.

“We present these figures not as self-congratulation, but as evidence that reform is yielding tangible outcomes,” he said.

Adeniyi also addressed concerns from importers and manufacturers, noting that the improved revenue performance was achieved without burdening legitimate trade.

According to him, the gains were driven by improved compliance, better use of data, digital tools and disciplined enforcement rather than arbitrary actions.

“The gains came not from arbitrary enforcement or the burdening of legitimate traders, but from improved compliance, better data use, digital tools, and disciplined enforcement,” he explained.

He added that the Service achieved the feat while deepening collaboration with the private sector and upholding trade facilitation commitments.

The Customs boss further noted that the agency successfully balanced revenue generation with its trade facilitation mandate, particularly within the framework of regional and global trade agreements.