The Nigeria Customs Service (NCS) achieved a significant milestone in the fiscal year 2023, exceeding expectations by reporting a total revenue collection of N3.2 trillion.
Comptroller-General of Customs Service, Bashir Adeniyi, disclosed this achievement on Wednesday at the Customs Corporate Headquarters in Abuja.
He emphasised that this impressive figure reflects a noteworthy 21.4% increase compared to the previous year’s revenue of N2,641,616,673,501.83, underscoring the Service’s consistent upward trajectory.
Despite operational challenges such as lower transaction volumes, compliance issues, and socio-political factors, Adeniyi highlighted the NCS’s resilience in adapting to dynamic economic conditions.
“Delays in policy implementation and major changes in government direction, including the removal of fuel subsidy and border closures, added complexity to the operational landscape,” he said.
