The Nigeria Customs Service (NCS) collected N3.7 trillion in the first half of 2025, representing 12.5% above the budget and 25% higher than what it received during the same period last year
Spokesman for the ministry of finance, Mr Mohammed Manga, disclosed this in a statement in Abuja, yesterday.
He said the minister of finance and coordinating minister of the economy, Mr. Wale Edun, announced the figure during the 62nd meeting of the customs board.
Edun, according to the statement, attributed the performance to the reforms of the present administration, including the national single window initiative.
The minister said the half-year report was commendable and called for deeper reforms to meet the administration’s ambitious revenue goals.
“The national single window will give customs the speed and capacity to process trade more effectively, boosting revenue and positioning Nigeria as a more attractive hub for investment,” the Minister was quoted as saying.
The national single window initiative, a digital trade platform, set for full rollout in 2026, is designed to streamline import and export processes, reduce delays, costs, and boost competitiveness, creating a stronger, more efficient business environment for the private sector.
Edun reaffirmed the government’s commitment to modernising trade systems and boosting revenue as Customs’ performance continues to exceed expectations.
Recall that the Service generated N1.3 trillion in the first quarter of 2025, more than double the N600 billion collected during the same period in 2024.
The NCS attributed the development to efficiency, transparency and enforcement.
Also, recall that the federal government gave the Service a revenue target of N6.584 trillion in the 2025 fiscal year but the senate raised the target to N10 trillion.
