Nigeria Customs Service collects ₦4.03 trillion in 2026

On October 20, 2026, Comptroller General of Customs Bashiru Adewale Adeniyi announced that the Nigeria Customs Service collected approximately ₦4.03 trillion in the first half of 2026, out of a targeted ₦11.07 trillion for the year. He made this statement during a lecture titled “Why Customs Matters: Revenue, Security and Nationhood in a Borderless World” at the Trenchard Hall, University of Ibadan, as part of the 3rd Distinguished Personality lecture of the TETFUND Centre of Excellence in Security Management.

Adeniyi noted that the service aims to meet its revenue target through compliance, data, and facilitation rather than through harassment at ports, as this would lead to a false victory. He highlighted past revenue collections of ₦3.2 trillion in 2023, ₦6.105 trillion in 2024, and ₦7.28 trillion in 2025, emphasizing the importance of better valuation and risk management in achieving growth.