Just in: Customs Collects N6.1trn Revenue in 2024 — CGC Adeniyi
By ZAKAA LAZARUS, ABUJA
The Nigeria Customs Service (NCS) has announced a record-breaking revenue collection of N6.105 trillion for 2024, marking a 90.4% increase compared to the N3.2 trillion generated in 2023.
Comptroller-General of Customs, Adewale Adeniyi, disclosed this during a press briefing in Abuja on Tuesday, providing insights into the service’s achievements over the past year.
Adeniyi highlighted that the NCS exceeded its 2024 revenue target of N5.07 trillion by 22%, attributing the success to enhanced trade facilitation and revenue collection strategies.
“The Nigerian Customs Service achieved an unprecedented revenue milestone in 2024, generating N6.105 trillion, which surpassed the N5.07 trillion target by 22%,” he stated.
The CGC also noted that October 2024 was particularly significant, as the service recorded its highest monthly revenue remittance of N603 billion.
He said modernization agenda will continue to emphasize digital transformation and process automation.
The Customs Boss said the expansion of our geo-spatial surveillance capabilities, integration of artificial intelligence in risk management, and enhancement of our data analytics capabilities will remain central to our efforts.
“These technological advancements will be complemented by continued investments in human capital development and infrastructure improvement.
“We recognize that achieving these objectives requires the continued support of our stakeholders and the dedication of our officers. We are confident that with our enhanced capabilities, committed workforce, and the support of all stakeholders, we will not only meet but exceed expectations in 2025.
” As I conclude this briefing, I wish to express my profound gratitude to His Excellency, President Bola Ahmed Tinubu, GCFR, for his support and strategic guidance of the Service. Our appreciation also goes to the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Olawale Edun, for his astute supervision and continued support of our initiatives.
“The achievements I have outlined today would not have been possible without the dedication and commitment of our officers and men across the country. Their resilience in the face of challenges and commitment to duty have been instrumental to our success. I want to assure all officers that the Service will continue to recognize and reward excellence, as deserving and outstanding officers will be acknowledged through our reward and recognition systems.
“At this moment, we solemnly remember our fallen heroes – officers who paid the ultimate price in service to our nation.
Their sacrifice in protecting our borders and economic interests will never be forgotten, and their families remain in our thoughts and prayers. Their dedication to duty inspires us to remain steadfast in our commitment to safeguarding our nation’s interests.
“To our stakeholders – the trading community, partner government agencies, international partners, and the media – your collaboration and support have been invaluable.
He called on all stakeholders to strengthen their partnership with the Service as we work towards achieving our mandate.
Together, we can build a more secure and prosperous Nigeria through effective customs administration and trade facilitation.
