Customs Service on Course for N11trn Annual Target — Finance Minister

The Nigeria Customs Service (NCS) is on course to meet its N11 trillion annual revenue target, driven by aggressive automation, intelligence-led reforms and improved cargo processing strategies under the leadership of Comptroller-General Bashir Adeniyi.

The Minister of Finance and Coordinating Minister of the Economy, Prof. Taiwo Oyedele, disclosed this during his inaugural board meeting and facility tour at the Nigeria Customs Service (NCS) headquarters in Abuja.

This is contained in a statement issued by the Nigeria Customs Service (NCS) spokesperson, Abdullahi Maiwada, on Sunday in Abuja.

Oyedele commended the NCS for its ongoing trade reforms and its revenue performance of N4.03 trillion in the first half of 2026, noting that the service generated an additional N1.38 trillion in July and August alone. He acknowledged the agency's strong revenue performance, technology-driven reforms and sustained efforts to ease trade.

The minister praised the service's leadership and officers for their progress in modernising operations and boosting national revenue. Expressing satisfaction with the NCS's modern intelligence tools and technological infrastructure, Oyedele described the agency's track record as an ideal springboard to propel Nigeria into a leading position in regional and global trade.

"Results are precisely what should propel us to do more," he said.

He noted that the NCS's strong foundation had equipped it to pioneer world-class standards in port efficiency, end-to-end transparency, faster cargo clearance and revenue integrity, adding, "Nigeria must lead through performance, not rhetoric."

Reaffirming President Bola Tinubu's support for the service, Oyedele assured the Nigeria Customs Service(NCS) of the Federal Government's commitment to providing cutting-edge technology, modern operational tools and policy backing to strengthen its role as Africa's leading trade facilitator.

The minister presided over the Nigeria Customs Service(NCS )Board's 65th Regular Meeting on September 2, where the appointments of one Deputy Comptroller-General (DCG) and five Assistant Comptrollers-General (ACGs) received approval.