Nigerian Customs Targets N400bn Revenue by 2026

The Nigerian Customs Service is intensifying its efforts to improve excise compliance as part of a plan to meet a revenue target of N400 billion by 2026. This initiative was disclosed in a statement shared on April 9, 2026, and includes stakeholder engagements held across the Imo, Abia, Oyo, and Osun area commands.

The Comptroller General of Customs, Adewale Adeniyi, expressed confidence in the service's capacity to meet or surpass the revenue target. Bless Iheanacho noted that nine excise factories within the command are currently not operational due to economic challenges, but she remains optimistic that ongoing engagements will help revive operations.

Joi Edelduok emphasized the importance of collaboration with industry players to strengthen compliance. The Nigerian Bottling Company is mentioned as a company that continues to voluntarily remit and comply with regulations.

The engagements are part of a broader effort to enhance transparency and improve overall excise administration.