The Nigeria Customs Service (NCS) has set a revenue target of N11.074 trillion for 2026, almost double its 2025 target of N6.584 trillion.
The Comptroller-General of Customs, Bashir Adewale Adeniyi, announced this during the agency’s budget defence before the National Assembly Committees on Customs.
According to Adeniyi, Customs generated N7.277 trillion in 2025, exceeding its target by N674 billion, which represents a 10.24 percent increase above expectations. The figure also showed a 19 percent increase from the N6.1 trillion collected in 2024.
Related News
He said that by May 31, 2026, the Service had already generated N4.43 trillion, representing about 40 percent of its annual target.
For 2026, Customs proposed a budget of N1.235 trillion, which includes:
N421 billion for personnel costs
N307 billion for overhead expenses
N565 billion for capital projects
Adeniyi attributed the strong revenue performance to reforms in revenue collection, improved anti-smuggling operations, and measures aimed at making
This post was originally published on this site.
