Customs Confident Of Hitting N11trn Annual Revenue Target

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The Nigeria Customs will hit the annual revenue target of N11 trillion, the Service’ Comptroller General Dr. Wale Adeniyi has reaffirmed.

The Service, Adeniyi said had realized N4.03 trillion in the first half 2026 alone, followed by N1.38 trillion across July and August, a gesture which underlines Service’ operational strength imbued by aggressive automation, intelligence-led reforms, and improved cargo processing strategies adopted by the current administration.
Adeniyi shared Service’ revenue performance profile with Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele during Minister’s inaugural board meeting and facility tour at Customs Headquarters in Abuja. The Minister praised the Service’s leadership and officers for their remarkable progress in modernising operations and boosting national revenue.

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Oyedele lauded Service’s modern intelligence tools and technological infrastructure, adding that Customs’ track record is the ideal springboard to propel Nigeria into a leading position in regional and global trade.

​”Results are precisely what should propel us to do more,” the Minister stated, noting that Customs’ strong foundation equips the Service to pioneer world-class standards in port efficiency, end-to-end transparency, faster cargo clearance timelines, and revenue integrity. “Nigeria must lead through performance, not rhetoric.”

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​Reaffirming President Bola Tinubu’s full backing, Oyedele assured that the Federal Government remains committed to empowering the NCS with cutting-edge technology, modern operational tools, and strong policy support to sustain its trajectory as a premier trade facilitator in Africa.

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Source: Business Archives – New Telegraph

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