Customs collects N1.7 trillion, processes 8,153 export shipments
The Comptroller General of Nigeria Customs Service, Adewale Adeniyi, says the Service, in the first quarter of 2025, collected ₦1.75 trillion revenue, intercepted ₦7.7 billion worth of smuggled goods, and rolled out practical trade facilitation solutions like the B’Odogwu platform.
The Comptroller General also said the Service, within the quarter, processed a total of 327,928 Single Goods Declarations (SGDs) for imports, handling goods with a total mass of 4,910,640,283.33 kilograms and a Cost, Insurance, and Freight (CIF) value of ₦14,807,960,201,235.00.
The Customs boss disclosed these positive developments while giving account of stewardship of the Service in the first quarter of 2025 in Abuja on Tuesday, April 22.
Adeniyi noted that in Q1 2025, the Service processed 8,153 export shipments (SGDs), representing a 6.4% decrease from Q4 2024 (8,710 SGDs) and a 24.4% decline from Q1 2024 (10,786 SGDs).
According to him, “Despite fewer transactions, export mass reached 5.03 billion kilograms – a 10% reduction from Q4 2024’s 5.58 billion kg but a remarkable 348% increase from Q1 2024’s 1.12 billion kg. The CIF value stood at ₦21.51 trillion, showing a 19% increase from Q4 2024’s ₦18.07 trillion while remaining stable compared to Q1 2024’s ₦21.58 trillion.
“This data clearly suggestive of Nigeria’s accelerating shift toward bulk commodity exports, with significantly larger shipments being processed through fewer transactions, while maintaining consistent total export value – reflecting both changing trade patterns and improved processing efficiency in our export systems.”
He added that the total trade value handled by the Service in Q1 2025 amounted to ₦36,317,925,576,290.00, demonstrating Nigeria’s substantial participation in international trade despite global economic challenges.
“This performance reflects our ongoing commitment to implementing trade facilitation measures that enhance Nigeria’s competitiveness in the global market,” said Adeniyi.
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In the area of anti-smuggling, the Service, as the Comptroller General noted, recorded 298 seizures with a total Duty Paid Value (DPV) of ₦7,698,557,347.67 as rice and petroleum products topped the list.
According to him, “this represents a significant 78.41% increase compared to the ₦4,315,162,568.35 recorded in Q4 2024 , demonstrating heightened operational effectiveness.”
The Comptroller said the Customs recorded various achievements in the quarter, listing them as follows: B’Odogwu Platform Expansion, launching of Authorized Economic Operators (AEO) Programme, official launching of Corporate Social Responsibility Programme, and Support for Government Food Security Initiatives.
“During the first quarter of 2025, the Service achieved several significant milestones in our modernization and institutional development agenda. These achievements align with our strategic objectives and contribute to our overall mandate,” said he.
Despite these various achievements, the Customs boss noted that the Service encountered various challenges that impacted its operations and performance.
These challenges included exchange rate volatility, suspension of the Financial Customs Service Operation (FCSO), also known as the four percent FOB, 14% reciprocal tariff imposed on Nigerian exports by the United States of America, and non-compliance by importers.
“We have been working closely with the Central Bank of Nigeria and the Federal Ministry of Finance to implement measures aimed at stabilizing the exchange rate for import declarations,” said he.
Looking ahead to the remainder of 2025, the Comptroller General said the Service would will continue with its modernization – further expansion of the B’Odogwu platform, implementation of advanced risk management systems, and integration of emerging technologies into our operations – and service delivery enhancement
“These strategic priorities align with the Service’s long-term vision of becoming a fully modernized customs administration that facilitates legitimate trade while effectively securing the nation’s borders and optimizing revenue collection for national development,” Adeniyi said.
