Nigeria’s Customs hits N5.07tn 2024 revenue target

The Comptroller General of Nigeria Customs Service, Bashir Adeniyi, has announced that the service has hit a 2024 revenue generation target of N5.07 trillion.

Adeniyi disclosed this at the Comptroller General of Customs’ Conference in Abuja on Wednesday.

According to him, as of November 12, 2024, the service has been able to collect N5.07 trillion.

“These strategic engagements and collaborative approaches have yielded remarkable results across our core statutory responsibilities.

“Distinguished ladies and gentlemen, I am pleased to announce that yesterday, 12 November 2024, at exactly 13:10 Hrs, the Nigeria Customs Service hit its 2024 revenue target of NGN 5.07 trillion, collecting NGN 5,079,455,088,194.38, with more than a month remaining in the fiscal year.

“This exceptional performance—projected to exceed our target by 10 percent—validates our partnership-driven approach to revenue collection and trade facilitation,” he stated.

He noted that the revenue generation feat was possible through stakeholder collaboration.

“The achievement is not merely about numbers; it demonstrates how enhanced stakeholder collaboration, improved processes, and modernised systems can deliver tangible results for our nation’s economy.”