The Nigeria Customs Service (NCS) has announced a record-breaking revenue of ₦1.3 trillion for the first quarter of 2025, citing the impact of President Bola Ahmed Tinubu’s reform-driven Renewed Hope Agenda.

Comptroller-General Bashir Adewale Adeniyi attributed the historic revenue increase to enhanced efficiency, transparency, and stricter enforcement — not increased imports, which he said have declined due to foreign exchange challenges.

“In Q1 2025, we collected ₦1.3 trillion, more than double the ₦600 billion recorded in the same period of 2023,” Adeniyi stated in a segment of an upcoming State House documentary marking President Tinubu’s second year in office.

Presidential spokesperson Bayo Onanuga, in a Saturday release, highlighted that the NCS is preparing to launch the $3.2 billion E-Customs Modernisation Project. This initiative aims to fully digitise customs processes across Nigeria’s ports and borders — from cargo tracking to payments — with a projected cumulative revenue of $250 billion over 20 years.

Adeniyi noted that the NCS has intensified anti-smuggling operations, recovering over ₦64 billion from previously undervalued imports over the past nine months. Several smuggling networks at the Seme, Idiroko, Katsina, and Sokoto borders have also been dismantled.

“Our operations are now intelligence-driven. We’re leveraging data analytics, drones, and real-time surveillance to intercept illegal activities and close revenue gaps,” he said.

He added that the introduction of a Single Window Platform — consolidating the work of up to 15 border agencies into a single digital interface — is already reducing clearance timelines at Apapa and Tin Can ports from 21 days to 7–10 days for compliant importers.

In a push to boost non-oil exports, the NCS has introduced fast-track lanes for agricultural goods and is collaborating with the Nigerian Export Promotion Council (NEPC). Adeniyi reported a 38% increase in formal solid mineral and agro-commodity exports in 2024, totaling over ₦340 billion.

“We are determined to facilitate trade, promote exports, and support Nigeria’s economic diversification agenda,” the Customs CG said.

Although earlier reports from the NCS in April 2025 suggested an even higher Q1 revenue of ₦1.75 trillion, the official figure presented in the State House statement confirms ₦1.3 trillion — still the highest quarterly revenue in the agency’s history.