JUST IN: Customs generated N6.1trn in 2024 — CGC

The Nigeria Customs Service has announced that it collected a total sum of N6.105tn as revenue for the year 2024.

It said the amount represents an increase of 90.4 per cent from N3.2tn recorded in 2023, highlighting a notable growth in the service’s revenue generation efforts over the past year.

The Comptroller-General of Customs, Adewale Adeniyi, revealed this during a press conference on Tuesday, where he provided an overview of the NCS’s performance in 2024 in Abuja.

The CGC noted that the service surpassed its 2024 revenue target of N5.07tn by 22 per cent.

The customs boss added that the service achieved its highest monthly revenue remittance in October, amounting to N603bn.

He also said the service crossed new heights of trade facilitation and revenue collection.

He said, “The Nigerian Customs Service recorded an unprecedented performance in 2024, the service recorded N6.105tn. This is above the N5.07tn 2024 revenue target by 22 per cent.”

More details soon…

Damilola Aina

A business, investment, infrastructure and property correspondent currently with The PUNCH, Aina is a media professional with over three years experience

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