Nigeria Customs Service Rakes in N1.751Trillion, Seized Goods Worth N7.698Bn
CGC BASHIR ADEWALE ADENIYI
Bisi Akingbade
The Comptroller General of Customs, CGC, Bashir Adewale Adeniyi has announced an impressive revenue collection for Q1 2025 with a total sum of ₦1,751,502,252,298.05 (One Trillion, Seven Hundred and Fifty-One Billion, Five Hundred and Two Million, Two Hundred and Fifty-Two Thousand, Two Hundred and Ninety-Eight Naira, Five Kobo).
CGC Adeniyi made disclosure while briefing on the activities of Nigeria Customs Service for the first quarter of year 2025, at the Customs Headquarters, Maitama Abuja.
His words "Against our annual target of ₦6,580,000,000,000.078.41% increasezed0, the first quarter's proportional benchmark stood at ₦1,645,000,000,000.00. I'm proud to announce we've exceeded this target by ₦106.5 billion, achieving 106.47% of our quarterly projection. This outstanding performance represents a substantial 29.96% increase compared to the same period in 2024, where we collected ₦1,347,705,251,658.31.
"Our month-by-month analysis reveals even more encouraging details of this growth trajectory. January's collection of ₦647,880,245,243.67 not only surpassed its monthly target of ₦548.33 billion by 18.12%, but also showed a remarkable 65.77% year-on-year growth. February's ₦540,105,439,535.18 exceeded its target by 1.3% while achieving 19.97% growth over 2024 figures. March maintained this positive trend with ₦563,516,567,519.20, delivering 2.7% above target and an 11.22% improvement over March 2024.
"These results substantiate our effective measures to curb revenue losses while streamlining compliant trade. The 29.96% annual increase and steady monthly collections confirm our strategy is working. We'll maintain this momentum through rigorous enforcement and strengthened partnerships.
The Comptroller General of Customs said that the Service has maintained robust anti-smuggling operations during the first quarter of 2025, recording 298 seizures with a total Duty Paid Value (DPV) of ₦7,698,557,347.67 which represents a significant 78.41% increase compared to the ₦4,315,162,568.35 recorded in Q4 2024, demonstrating heightened operational effectiveness. However, when compared to Q1 2024's
₦9,587,256,998.05, the Service observed a 19.70% reduction in DPV,
attributable to improved compliance through sustained stakeholder engagement and the deterrent effect of our enforcement activities.
"Rice remained the most prevalent seized commodity, with 159 cases involving 135,474 bags valued at ₦939,309,698.00. Petroleum products followed with 61 seizures totaling 65,819 liters (₦43,336,160.81 DPV). Of particular note were 22 narcotics interceptions valued at ₦730,748,173.00, reflecting our intensified focus on combating drug trafficking. The Service also recorded three high-value wildlife product seizures with a remarkable ₦5,653,522,600.00 DPV, underscoring both the lucrative nature of this illegal trade and our commitment to environmental protection under international conventions.
Other notable seizures included textile fabrics (13 cases, ₦134,219,330.00 DPV), retreaded tires (5 cases, ₦104,599,000.00 DPV), and pharmaceuticals (1 case, ₦17,188,000.00 DPV).
On trade facilitation, the customs boss emphasized that during the first quarter of 2025, the Service processed a total of 327,928 Single Goods Declarations (SGDs) for imports, handling goods with a total mass of 4,910,640,283.33 kilograms and a Cost, Insurance, and Freight (CIF) value of ₦14,807,960,201,235.00.
"This represents a 5.28% increase in the number of import transactions compared to the 311,492 SGDs processed in Q1 2024, reflecting growing confidence in our trade facilitation measures.
"The significant 40.14% increase in the mass of imports processed (from 3,504,173,117.33 kg in Q1 2024) demonstrates robust growth in import volumes, while the 26.72% increase in CIF value (from ₦11,685,677,810,129.00 in Q1 2024) indicates a shift towards higher-value goods.
"In Q1 2025, the Service processed 8,153 export shipments (SGDs), representing a 6.4% decrease from Q4 2024 (8,710 SGDs) and a 24.4% decline from Q1 2024 (10,786 SGDs). Despite fewer transactions, export mass reached
5.03 billion kilograms - a 10% reduction from Q4 2024's 5.58 billion kg but a remarkable 348% increase from Q1 2024's 1.12 billion kg. The CIF value stood at ₦21.51 trillion, showing a 19% increase from Q4 2024's ₦18.07 trillion while remaining stable compared to Q1 2024's ₦21.58 trillion. This data clearly suggestive of Nigeria's accelerating shift toward bulk commodity exports, with significantly larger shipments being processed through fewer transactions, while maintaining consistent total export value - reflecting both changing trade patterns and improved processing efficiency in our export systems.
"The total trade value handled by the Service in Q1 2025 amounted to
₦36,317,925,576,290.00, demonstrating Nigeria's substantial participation in international trade despite global economic challenges. This performance reflects our ongoing commitment to implementing trade facilitation measures that enhance Nigeria's competitiveness in the global market.
According to the CGC Adeniyi, among key initiatives and achievement with significant milestones modernisation and institutional development agenda includes B'Odogwu Platform Expansion, to enhanced operational efficiency and improved service delivery to our stakeholders and Authorized Economic Operators (AEO) Programme which was officially launched on 14 February for expedited clearance, reduced inspections, and enhanced predictability in customs procedures for qualifying operators.