Nigeria: Adeniyi - Customs Generates N1.75tn in First Quarter, Says Duty Exemptions On Food Imports Have Led to Price Reduction

Nigeria: Adeniyi - Customs Generates N1.75tn in First Quarter, Says Duty Exemptions On Food Imports Have Led to Price Reduction

·Declares unstable exchange rate creating uncertainty for traders, affecting customs valuation, others

FG’s Food Security Initiatives Reduced Food Prices by 18% in Q1 2025 – Customs - AgroNigeria

The Nigeria Customs Service (NCS) has revealed that its support for the Federal Government’s Food Security Initiatives helped reduce food prices by between 12% and 18% in the first quarter of 2025. Comptroller-General of Customs, Mr. Wale Adeniyi, disclosed this during a media briefing in Abuja, highlighting how the Service’s policy interventions played a role

Rice tops Nigeria Customs seizures in first quarter of 2025 - Business Hallmark

The Nigeria Customs Service (NCS) has revealed that rice was the most frequently seized item in the first quarter of 2025, with a total of 159 cases involving 135,474 bags valued at N939 million. Comptroller-General of Customs, Adewale Adeniyi, disclosed this during a press briefing in Abuja, highlighting the service’s enforcement activities and achievements in […] The post Rice tops Nigeria Customs seizures in first quarter of 2025 first appear…

Nigeria Customs Rakes In ₦1.75 Trillion In Q1 2025 » News.ng

The Nigeria Customs Service (NCS) generated ₦1.75 trillion in revenue during the first quarter of 2025. This announcement was made on Tuesday in Abuja by the Comptroller-General of the Service, Adewale Adeniyi, during a media briefing that highlighted the agency’s performance over the period. According to Adeniyi, the revenue collected surpassed the Service’s initial quarterly target of ₦1.65 trillion. “I am proud to announce that we have exceed…

Customs Records N1.75trn Revenue in Q1 2025

By Adedapo Adesanya The Nigeria Customs Service (NCS) recorded N1.75 trillion in revenue, intercepted N7.7 billion worth of contraband, and processed N36.3 trillion worth of trade in the first quarter of 2025. The Comptroller-General, Mr Bashir Adewale Adeniyi, announced the record-breaking revenue collection, saying the N1.75 trillion revenue for the first quarter of 2025—surpassing its […]

Custom generates ₦1.75trn in Q1 2025 - THE AUTHORITY NEWS

By Stella Odueme The Nigeria Custom Service has declared revenue collection for Q1 2025 totalling₦1,751,502,252,298.05 against the first quarter’s proportional benchmark which stood at ₦1,645,000,000,000.00, thus exceeding this target by ₦106.5 billion, achieving 106.47% of its quarterly projection. The Comptroller General of Custom, Bashir Adewale Adeniyi while speaking on the activities of NCS for the first quarter of 2025 in Abuja said the se…