Tinubu’s Reforms Boost Customs Revenue to N1.3 Trillion in Q1 2025 – CG
The Nigeria Customs Service (NCS) has recorded a historic revenue of ₦1.3 trillion in the first quarter of 2025, a result attributed to sweeping reforms introduced under President Bola Ahmed Tinubu’s administration.
Comptroller-General of Customs, Bashir Adewale Adeniyi, credited the revenue surge to increased efficiency, transparency, and enforcement, rather than a rise in import volumes. He made the revelation in a forthcoming State House documentary marking the second anniversary of President Tinubu’s tenure.
According to presidential spokesperson Bayo Onanuga, who issued a statement on Saturday, the Q1 2025 revenue more than doubled the ₦600 billion generated during the same period in 2023.
“We collected ₦1.3 trillion in the first quarter of 2025 alone. This growth is not due to increased imports — in fact, imports have declined due to foreign exchange challenges. What changed is how we operate: enhanced efficiency, strict enforcement, and greater transparency,” Adeniyi said.
He also disclosed that the agency is set to roll out the E-Customs Modernisation Project, a $3.2 billion initiative aimed at fully digitizing cargo processing, payments, and surveillance at Nigeria’s ports and borders. The project is expected to generate $250 billion in cumulative revenue over the next 20 years.
“We are transitioning from manual, paper-based procedures to a digital, modern customs system. The E-Customs project is central to that transformation,” Adeniyi stated.
