Senate raises customs' 2025 revenue target to ₦10 trillion

Senate raises customs' 2025 revenue target to ₦10 trillion

In a bold move to shore up Nigeria's dwindling revenue and fight economic sabotage, the Senate Committee on Customs has directed the Nigeria Customs Service (NCS) to raise its 2025 revenue target from ₦6.584 trillion to ₦10 trillion.

Customs Gets N1.132 Trillion Budget Approval From House Of Reps

The House of Representatives Committee on Customs and Excise has approved the sum of N1.132 trillion as the proposed 2025 budget of the Nigeria Customs Service (NCS), marking a significant step forward in the Service’s commitment to enhancing national revenue, trade facilitation and anti-smuggling. The budget proposal, presented on Monday, 23 June 2025, by the Comptroller-General of Customs, Adewale Adeniyi, represented by Deputy Comptroller-Gen…

Senate Summons Edun Over 4% FOB Fees, Gives Customs N10trn Revenue Target

By Adedapo Adesanya The Senate has directed the Nigeria Customs Service (NCS) to raise its revenue target for 2025 from N6 trillion to N10 trillion. The upper chamber of the National Assembly on Monday cited the urgent need for enhanced enforcement and surveillance amid rising smuggling and insecurity challenges across the country as rationale for […]

Senate Raises Customs’ 2025 Revenue Target To N10 Trillion After Stellar Performance » News.ng

The Senate Committee on Customs announced on Monday a substantial increase in the Nigeria Customs Service’s (NCS) revenue projection for 2025, raising the target from ₦6.584 trillion to ₦10 trillion, citing the agency’s impressive track record of exceeding its 2024 goals. This decision emerged during a budget presentation in which Deputy Comptroller General Jibo Bello represented the NCS, showcasing the organisation’s 2024 achievements and outli…

Senate Sets N10tn Revenue Target for Customs in 2025 - Economic Confidential

The Senate Committee on Customs has directed the NCS to raise its 2025 revenue projection from ₦6.584 trillion to ₦10 trillion.

Senate Jerks Customs Revenue Target to N10 trillion

By Lizzy Chirkpi The Senate has increased the Nigeria Customs Service (NCS) 2025 revenue target from the proposed N6.584 trillion to N10 trillion, following the agency’s strong revenue performance in 2024. The Senate made the declaration on Monday, June 23,  2025 during the NCS’s 2025 budget defence before the Senate Committee on Customs, chaired by Senator Isah Jibrin (APC, Kogi East). This is just as he commended the agency for surpassing its …