The Nigeria Customs Service is confident it can outdo its record N7 trillion revenue in 2025, with projections pointing to as much as N9 trillion this year.
Bashir Adeniyi, comptroller-general of Customs said this to journalists at the commissioning of a jetty at the Service’s Western Marine Command.
“We are still meeting with the appropriation committees at the National Assembly, but from our experience and projections, we are likely to be looking at something in the region of N9 trillion this year,” he said.
Adeniyi said greater attention would be paid to trade facilitation this year as a means of driving higher revenue. “When we facilitate trade, it increases turnover and enables us to generate more revenue,” he said.
The CGC is confident that stakeholders trust the Service more and are more compliant, pointing to over N100 billion in voluntary disclosures recorded in 2025, a level he said had never been seen before. “We hope to sustain it in 2026.”
The National Assembly’s appropriation committees will make the final decision on the revenue target.
Join BusinessDay whatsapp Channel, to stay up to date
Open In Whatsapp
