Saturday, June 21, 2025
  • Share your story
  • About
  • Contact
Economy FootPrint
  • Home
  • News & Politics
  • Opinion
  • Finance & Economy
  • Aviation
  • Editorial
  • Transport & Blue Economy
  • Features | Analysis
  • Health | Environment
Economy FootPrint
Home Finance | Insurance | Pension

Customs Contribution Crucial for Actualising Proposed Nigeria’s ₦48 Trillion 2025 Budget – Finance Minister

EconomyFoot Print by EconomyFoot Print
December 22, 2024
in Finance | Insurance | Pension, News
Reading Time: 1 min read
0
Share on FacebookShare on Twitter

Related posts

MINISTRY OF ART, CULTURE, AND CREATIVE ECONOMY PRESENTS BUDGET PERFORMANCE REPORT TO NATIONAL ASSEMBLY

June 20, 2025
SanlamAllianz flags off 12-City Roadshow to Deepen Customer Engagement and Awareness

SanlamAllianz flags off 12-City Roadshow to Deepen Customer Engagement and Awareness

June 20, 2025

By ZAKAA LAZARUS-ABUJA.

The Nigeria Customs Service (NCS) has been commended for its pivotal role in boosting Nigeria’s economic recovery, as the Federal Government sets a ₦48 trillion expenditure target for 2025.

The Nigeria Minister of Finance, Mr Olawale Edun, highlighted the NCS’s importance during the 61st quarterly board meeting of the agency held on Wednesday, 18 December, at the Customs House, Maitama, Abuja. The meeting followed President Bola Ahmed Tinubu’s presentation of the 2025 budget to the National Assembly, tagged “A Budget of Restoration.”

The budget projects ₦35 trillion in revenue, with the NCS expected to play a critical role. Speaking further on the NCS’s performance, Mr Edun disclosed that the agency had generated over ₦5 trillion by November 2024.

“The NCS and other revenue bodies have performed remarkably well,” he said, linking the success to reforms introduced by President Tinubu.

The Honourable Minister further revealed that the government plans to secure concessionary loans, grants, and development support to fund the remaining ₦13 trillion.

Mr. Edun also noted that the board reviewed the NCS’s 2024 achievements, approving the recruitment of 3,927 officers and granting special promotions to top-performing personnel to bridge gaps and enhance trade facilitation.

“The NCS has excelled in suppressing smuggling and fostering trade, crucial for growth and job creation,” he added.

Mr. Edun concluded by urging Customs officers to remain committed to national goals, emphasising the agency’s role in poverty reduction and economic growth.

Previous Post

Matawalle Lauds Nigerian Military For Efforts In Restoring Normalcy To Zamfara, Other States

Next Post

Benue Launches Zeva Beer Brand

Next Post

Benue Launches Zeva Beer Brand

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

RECOMMENDED NEWS

COAS Charges Commanders To
Lead By Example, Prioritize Troops Training, Welfare

6 months ago

Igwe Kingsley Onyekachi appointed Substantive Registrar/CEO of CRFFN

8 months ago

The next Superpower isn’t a country, it is Africa’s youth

3 months ago
CBN Posts ₦165bn Surplus in 2024 Financial Year

CBN to Launch Foreign Exchange Code To Promote Transparency

5 months ago

FOLLOW US

  • 86.2k Followers

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

BROWSE BY TOPICS

2023 Benue Budget Abuja-Kaduna Rail Access Corporation Access pension airports concession Aviation Ayu Benue Budget Benue Community Buhari Business CBN Central Bank Dana Air Economy FGPL Herdsmen Herdsmen attacks insecurity insurance Maritime Min of Transport MSMEs NAICOM NCAA Nigeria Nigeria -Cameroon Border Post Nigeria Air NRac Onne Port ooh Orrom Ortom PDP PenCom pension Railway Sambo Jaji Transcorp Transcorp Group Transcorp Hotels Plc UBA Ukohol Wike Wildon Ideva

BROWSE BY CATEGORIES

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Economy Footprint

The EconomyFootprint is published by Ideas Tent Communications Ltd®. All Rights Reserved.

Follow us on social media:

Recent News

  • MINISTRY OF ART, CULTURE, AND CREATIVE ECONOMY PRESENTS BUDGET PERFORMANCE REPORT TO NATIONAL ASSEMBLY
  • SanlamAllianz flags off 12-City Roadshow to Deepen Customer Engagement and Awareness
  • BNY Mellon, Standard Bank to Facilitate Access to Nigerian Naira Debt — Bloomberg

Category

  • Aviation
  • Brands
  • Crime
  • Editorial
  • Features | Analysis
  • Finance | Insurance | Pension
  • Health | Environment
  • Industry | Trade | Commerce
  • International
  • Interview | Profile
  • News
  • Opinion
  • Politics
  • Small Business
  • Sports
  • Top News
  • Transport & Blue Economy
  • Uncategorized

Recent News

MINISTRY OF ART, CULTURE, AND CREATIVE ECONOMY PRESENTS BUDGET PERFORMANCE REPORT TO NATIONAL ASSEMBLY

June 20, 2025
SanlamAllianz flags off 12-City Roadshow to Deepen Customer Engagement and Awareness

SanlamAllianz flags off 12-City Roadshow to Deepen Customer Engagement and Awareness

June 20, 2025
No Result
View All Result
  • Home
  • Politics
  • News
  • Sports
  • Opinion