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Tinubu's Reforms Drive Customs Boom
The Business NG
|The BusinessNG
Nigeria's Customs revenue hit a historic milestone in the first quarter of 2025, with collections surging to N1.3 trillion, more than double the N600 billion recorded in Q1 2023.
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Comptroller-General of Customs, Bashir Adewale Adeniyi, attributed this leap not to rising imports—but to President Bola Tinubu's far-reaching reforms under his Renewed Hope Agenda.
"We collected N1.3 trillion in Q1 2025 alone. This is not due to higher import volumes. Imports have dropped due to foreign exchange constraints. What has changed is efficiency, transparency, and enforcement," Adeniyi said.
The revelation, made in a statement by presidential spokesperson Bayo Onanuga ahead of a State House documentary celebrating Tinubu's second year in office, highlights how the Customs Service has become a revenue-generating powerhouse through operational reforms and digital innovation.
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