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Nigeria Customs Makes History With ₦7.28 Trillion Revenue in 2025, Signals New Era of Trade and Enforcement

ogelenews by ogelenews
January 26, 2026
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Nigeria Customs ₦7.28 trillion revenue 2025

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  • Nigeria Customs ₦7.28 trillion revenue 2025

Nigeria’s fiscal landscape recorded a historic milestone in 2025 as the Nigeria Customs Service (NCS) announced that it generated a record-breaking ₦7.28 trillion in revenue, the highest in the agency’s history. The unprecedented figure reflects sweeping reforms in customs administration, tighter border enforcement, expanded trade volumes, and improved digital systems under the current leadership.

The achievement places the Nigeria Customs Service at the centre of the Federal Government’s revenue drive, at a time when Nigeria is grappling with subsidy removal, foreign exchange reforms, and rising fiscal pressures. Officials say the ₦7.28 trillion revenue represents not just improved collections, but a structural shift in how customs operations are conducted nationwide.

A Historic Leap in Customs Revenue

According to official figures released by the Service, the Nigeria Customs revenue in 2025 surpassed previous records by a wide margin, outperforming collections from 2023 and 2024 combined growth projections. The jump to ₦7.28 trillion was attributed to enhanced compliance, automation of clearance processes, and aggressive anti-smuggling operations across Nigeria’s land borders, seaports, and airports. Nigeria Customs ₦7.28 trillion revenue 2025

Senior Customs officials described the performance as “a turning point” in the agency’s history, noting that the Service has moved away from manual-heavy procedures to data-driven enforcement and revenue assurance. Nigeria Customs ₦7.28 trillion revenue 2025

“This performance is not accidental,” a senior official said. “It is the result of sustained reforms, improved intelligence, and a commitment to transparency in trade facilitation.”

Key Drivers Behind the ₦7.28 Trillion Milestone

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Multiple factors contributed to the historic Nigeria Customs ₦7.28tn revenue in 2025, including:
• Digitalisation of Customs Processes: Expanded deployment of the Nigeria Integrated Customs Information System (NICIS II) reduced revenue leakages and improved real-time monitoring.
• Stronger Border Enforcement: Coordinated operations at land borders curbed smuggling of rice, petroleum products, arms, and contraband goods.
• Exchange Rate Reforms: The naira’s market-aligned exchange rate increased customs duty values on imported goods.
• Improved Trade Compliance: Importers and clearing agents faced stricter penalties for false declarations and underpayment.
• Port Efficiency Gains: Faster cargo clearance at Apapa, Tin Can, Onne, and Lekki ports boosted throughput and collections.

Analysts say these combined measures significantly strengthened the Service’s revenue base.

Customs Reform and National Revenue Strategy

The Nigeria Customs Service revenue growth aligns with the Federal Government’s broader strategy to diversify income sources beyond crude oil. With oil revenues facing volatility, agencies like Customs, FIRS, and NPA are under pressure to deliver sustainable non-oil revenue. Nigeria Customs ₦7.28 trillion revenue 2025

Finance ministry officials say Customs’ ₦7.28 trillion performance played a critical role in funding government obligations in 2025, including debt servicing, infrastructure spending, and social interventions.

“This shows that Nigeria can fund itself better when institutions work,” an economist told Ogele News. “Customs has demonstrated that reforms can translate directly into revenue.”

https://ogelenews.ng/nigeria-customs-7-28tn-revenue-2025

Impact on Trade, Businesses, and Consumers

While the revenue milestone has been widely praised, stakeholders have also raised concerns about the downstream impact on businesses and consumers. Higher customs duties, driven partly by exchange rate adjustments, increased import costs in 2025, contributing to inflationary pressures.

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Import-dependent sectors such as manufacturing, pharmaceuticals, and retail felt the effects, with many businesses passing increased costs to consumers. Trade groups have urged the government to balance revenue ambitions with trade competitiveness. Nigeria Customs ₦7.28 trillion revenue 2025

Customs officials insist the focus remains on fair collection, not punitive enforcement.

“Our goal is not to choke trade,” a Customs spokesperson said. “It is to ensure everyone pays what is due and that Nigeria benefits from legitimate commerce.”

Nigeria Customs ₦7.28 trillion revenue 2025

Anti-Smuggling Gains and Security Outcomes

Beyond revenue, the Nigeria Customs 2025 performance was also marked by record seizures of contraband goods. The Service intercepted illicit drugs, arms, ammunition, petroleum products, and counterfeit goods worth hundreds of billions of naira. Nigeria Customs ₦7.28 trillion revenue 2025

Security experts note that improved customs enforcement has had ripple effects on national security, especially in border states where smuggling networks often overlap with criminal groups.

Transparency, Accountability, and the Road Ahead

Civil society groups have welcomed the revenue milestone but called for sustained transparency in how funds are accounted for and remitted to the Federation Account. Past concerns about revenue leakages and internal accountability remain part of public discourse. Nigeria Customs ₦7.28 trillion revenue 2025

Customs leadership has pledged to deepen reforms in 2026, including:
• Full automation of duty payments
• Expanded use of artificial intelligence in cargo risk profiling
• Closer collaboration with port authorities and security agencies

If sustained, analysts believe the Nigeria Customs ₦7.28tn revenue could mark the beginning of a new fiscal era for Nigeria’s trade institutions.

See also  Central Bank Holds Steady on Monetary Policy as Inflation Pressures Persist.

A Defining Moment for Nigeria Customs

For an agency long associated with inefficiency and corruption allegations, the ₦7.28 trillion revenue achievement represents a reputational reset. Whether this performance becomes a one-off or a foundation for long-term institutional strength will depend on policy consistency, leadership discipline, and stakeholder trust.

For now, Nigeria Customs has written its name into the fiscal history books.

https://www.finance.gov.ng

Nigeria Customs ₦7.28 trillion revenue 2025

Nigeria Customs ₦7.28 trillion revenue 2025

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Tags: • Nigeria Customs Service • Nigeria revenue 2025 • Non-oil revenue • Customs reforms • Nigerian economy • Trade and imports • Border security Nigeria • Federal Government revenue
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