The Nigeria Customs Service (NCS) has generated N3.7 trillion in revenue for the first half of 2025, exceeding its target by 12.5% and posting a 25% growth compared to the same period last year. This impressive performance is attributed to ongoing reforms, improved stakeholder compliance, and enhanced deployment of technology in customs operations.
*Revenue Details:*
– *Total Revenue:* N3.7 trillion
– *Percentage Above Target:* 12.5%
– *Growth Rate:* 25% compared to the same period in 2024
– *Annual Target Achievement:* 55.93% of annual revenue target achieved within six months
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, described the performance as commendable but emphasized the need for deeper reforms to meet the administration’s ambitious revenue goals. The NCS is expected to continue its efforts, leveraging technology and modernizing trade systems to boost revenue and support economic growth.
