Customs beat annual revenue target of 2025, jumps 19% to ₦7.28tn
By Elegbede Abiodun
The Nigeria Customs Service (NCS) recorded a strong financial performance in 2025, generating ₦7.281 trillion in revenue, surpassing its annual target and marking one of its highest collections to date.
The Comptroller-General of Customs, Bashir Adeniyi, revealed this on Monday in Abuja while speaking at the 2026 World Customs Day event. He attributed the achievement to sustained reforms, improved use of technology and closer engagement with stakeholders.
Adeniyi said the amount exceeded the approved revenue target of ₦6.5 trillion by ₦697 billion, representing a positive variance of more than 10 per cent. He added that the figure also reflected a year-on-year increase of about 19 per cent over the ₦6.1 trillion collected in 2024.
He said: “Ladies and gentlemen, even as we protect society and reform procedures, we must also sustain the financial health of the state. I am pleased to report that in 2025, the Nigeria Customs Service collected a total of N7.281tn, exceeding the target of N6.584tn with a positive variance of N697 billion, representing a growth of over 10 per cent against the target.”
Highlighting the year-on-year growth, the Customs boss noted:
“When compared to 2024 collections, total revenue rose from N6.1tn to N7.28tn, an increase of approximately N1.18tn, or about 19 per cent year-on-year.”
Adeniyi stressed that the figures were not shared for self-praise but to demonstrate the effectiveness of ongoing reforms.
“We present these figures not as self-congratulation, but as evidence that reform is yielding tangible outcomes,” he noted.
He also emphasised that the revenue growth did not come at the expense of legitimate trade.
“The gains came not from arbitrary enforcement or the burdening of legitimate traders, but from improved compliance, better data use, digital tools, and disciplined enforcement. More importantly, this performance was achieved while deepening collaboration with the private sector and upholding facilitation commitments,” the Comptroller-General explained.
