Nigeria: Tin-Can Customs Collects N347bn Revenue in Q 1

8 April 2025
Daily Trust (Abuja)
By Eugene Agha

The Tin-Can Island Command of the Nigeria Customs Service (NCS), says it collected N347 Billion as revenue in the first quarter of 2025.

The Customs Area Controller, Tin-Can Island Command, Comptroller Frank Onyeka, disclosed this in a statement yesterday.

Giving the breakdown of 2025 Q1 revenue figures, the TCIP Customs boss noted that in January the Command generated N116, 412,735,766.23, which represents 24.06% more than the January 2024 figure of N88, 430,126,122.76 recorded within the corresponding period of 2024.

"The record for February of 2025 also shows that the sum of N103,254,292,839.23k was generated which is also 2.90% more than the sum of N100,253,187,074.72k generated in the corresponding month of February 2024.

In March, N128,268,749,635.00k was generated and it is 10.3% higher than the N115,100,000,000.00k generated in March 2024.

"The total amount generated for the first quarter of 2025 is thus N347,935,672,476.00k which is 12.6% higher than the N304,000,000,000.00k generated in the corresponding period of 2024," Comptroller Onyeka said.

He stressed the need for stakeholders to make more honest declarations so that a seamless operational environment may exist and all sides may benefit from a much better conducive ecosystem.

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