Nigeria Customs Service
Coverage of Nigeria Customs Service in the Nexus archive.
- Import duty waivers on CNG, medical equipment, others rise to N34trn- Customs CG
The Nigeria Customs Service reported that import duty waivers on CNG, medical equipment, and other items reached N34 trillion between March 2000 and December 2025. Comptroller-General Bashir Adeniyi disclosed this figure.
- Senate approves Customs’ 2026 budget, backs N11.074trn revenue target
The Senate approved the Nigeria Customs Service's 2026 budget, which includes a N11.074 trillion revenue target. The proposed N1.295 trillion expenditure is allocated as N421 billion for personnel costs, N307 billion for overheads, and N565 billion for capital projects.
- Customs announces lower tariffs on imported vehicles, sets ₦11tn revenue goal
The Nigeria Customs Service has reduced import duties on used vehicles from 15% to 5% and new vehicles from 20% to 10%. The agency also set a ₦11tn revenue target.
- Customs surpasses 2025 revenue target, projects N11tn for 2026
The Nigeria Customs Service (NCS) exceeded its 2025 revenue target of ₦6.584 trillion, collecting ₦7.277 trillion—a 10.24% increase—and projects ₦11 trillion for 2026.