{"id":160187,"date":"2025-04-22T22:47:48","date_gmt":"2025-04-22T21:47:48","guid":{"rendered":"https:\/\/www.africa-press.net\/nigeria\/uncategorized\/nigeria-customs-records-n1-75-trillion-revenue-collection-in-q1-2025"},"modified":"2025-04-22T23:51:16","modified_gmt":"2025-04-22T22:51:16","slug":"nigeria-customs-records-n1-75-trillion-revenue-collection-in-q1-2025","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-customs-records-n1-75-trillion-revenue-collection-in-q1-2025","title":{"rendered":"Nigeria Customs records N1.75 trillion revenue collection in Q1 2025"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Nigeria. <\/strong><\/span>The Nigeria Customs Service has announced that it recorded N1.751 trillion in revenue collection in the first quarter of 2025.<\/p>\n<p>The Comptroller General of NCS, Bashir Adeniyi, disclosed this in a press briefing in Abuja on Tuesday.<\/p>\n<p>He stated that the service surpassed its quarterly revenue projection in the period under review.<\/p>\n<p>The CGC noted that the service achieved 106.47 percent of the quarterly projection, representing a 29.96 percent increase compared to the same period in 2024, where we collected N1.347 trillion.<\/p>\n<p>\u2018We believe the public has the right to know what is happening in the Nigeria Customs.<\/p>\n<p>\u201cI am pleased to report N1.751 trillion revenue collection in the first quarter of 2025.<\/p>\n<p>\u201cAgainst our annual target of N6,580,000,000,000.00, the first quarter\u2019s proportional benchmark stood at N1,645,000,000,000.00. I\u2019m proud to announce we\u2019ve exceeded this target by N106.5 billion, achieving 106.47 percent of our quarterly projection. This outstanding performance represents a substantial 29.96 percent increase compared to the same period in 2024, where we collected N1,347,705,251,658.31,\u201d he stated.<\/p>\n<p>Giving a breakdown, Adeniyi said the service achieved N647.8 billion, N540.1 billion, and N563.5 billion in January, February, and March 2025.<\/p>\n<p>\u201cOur month-by-month analysis reveals even more encouraging details of this growth trajectory. January\u2019s collection of N647,880,245,243.67 not only surpassed its monthly target of N548.33 billion by 18.12 percent but also showed a remarkable 65.7 percent year-on-year growth. February\u2019s N540,105,439,535.18 exceeded its target by 1.3 percent while achieving 19.97 percent growth over 2024 figures. March maintained this positive trend with N563,516,567,519.20, delivering 2.7 percent above target and an 11.22 percent improvement over March 2024.<\/p>\n<p>On the part of efforts on anti-smuggling activities, Adeniyi said Customs made 298 seizures worth N7.7 billion in Q1 2025.<\/p>\n<p>According to him, this is a 78.41 percent increase compared to N4.3 billion worth of seizures recorded in Q4 2024.<\/p>\n<p>\u201cThe Nigeria Customs Service maintained robust anti-smuggling operations during the first quarter of 2025, recording 298 seizures with a total Duty Paid Value (DPV) of N7,698,557,347.67. This represents a significant 78.41 percent increase compared to the N4,315,162,568.35 recorded in Q4 2024, demonstrating heightened operational effectiveness. However, when compared to Q1 2024\u2019s N9,587,256,998.05, the service observed a 19.70 percent reduction in DPV, attributable to improved compliance through sustained stakeholder engagement and the deterrent effect of our enforcement activities,\u201d he added.<\/p>\n<p><strong>For More News And Analysis About <span style=\"color: #ff6600\">Nigeria<\/span> Follow <span style=\"color: #ff6600\">Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Nigeria. The Nigeria Customs Service has announced that it recorded N1.751 trillion in revenue collection in the first quarter of 2025. The Comptroller General of NCS, Bashir Adeniyi, disclosed this in a press briefing in Abuja on Tuesday. He stated that the service surpassed its quarterly revenue projection in the period under review. [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":160186,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[24,15],"tags":[1578,254,6635],"class_list":["post-160187","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-breaking","tag-nigeria","tag-nigeria-customs"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Nigeria Customs records N1.75 trillion revenue collection in Q1 2025 - Nigeria<\/title>\n<meta name=\"description\" content=\"The Nigeria Customs Service has announced that it recorded N1.751 trillion in revenue collection in the first quarter of ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-customs-records-n1-75-trillion-revenue-collection-in-q1-2025\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Nigeria Customs records N1.75 trillion revenue collection in Q1 2025\" \/>\n<meta property=\"og:description\" content=\"The Nigeria Customs Service has announced that it recorded N1.751 trillion in revenue collection in the first quarter of ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-customs-records-n1-75-trillion-revenue-collection-in-q1-2025\" \/>\n<meta property=\"og:site_name\" content=\"Nigeria\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-22T21:47:48+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-22T22:51:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/04\/sm_1745349688.347206.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"720\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-customs-records-n1-75-trillion-revenue-collection-in-q1-2025#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-customs-records-n1-75-trillion-revenue-collection-in-q1-2025\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Nigeria Customs records N1.75 trillion revenue collection in Q1 2025\",\"datePublished\":\"2025-04-22T21:47:48+00:00\",\"dateModified\":\"2025-04-22T22:51:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-customs-records-n1-75-trillion-revenue-collection-in-q1-2025\"},\"wordCount\":380,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-customs-records-n1-75-trillion-revenue-collection-in-q1-2025#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nigeria\/sites\/3\/2025\/04\/sm_1745349688.347206.jpg\",\"keywords\":[\"breaking\",\"Nigeria\",\"Nigeria customs\"],\"articleSection\":[\"all news\",\"Economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-customs-records-n1-75-trillion-revenue-collection-in-q1-2025#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-customs-records-n1-75-trillion-revenue-collection-in-q1-2025\",\"url\":\"https:\/\/www.africa-press.net\/nigeria\/economy\/nigeria-customs-records-n1-75-trillion-revenue-collection-in-q1-2025\",\"name\":\"Nigeria Customs records N1.75 trillion revenue collection in Q1 2025 - 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