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Home Economy Tin Can Customs surpasses 2025 target, hits ₦1.576tr in collections

Tin Can Customs surpasses 2025 target, hits ₦1.576tr in collections

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Photo Credit: The Nation
2025-12-24 07:22:00

In an update published by The Nation, the Tin Can Island Port Command of the Nigeria Customs Service says it exceeded its 2025 revenue target, citing stronger enforcement and improved processes.

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The command reported collections of about ₦1.576 trillion—roughly ₦51.8 billion above its assigned target—pointing to key import categories as revenue drivers.

Officials say fewer multiple alerts helped speed up turnaround time without weakening controls, while enforcement activities continued alongside revenue collection.

The Guardian backed the same development, quoting the controller: “Let me state unequivocally that the attainment of our annual revenue target does not in any way signify a relaxation of operational standards.” DMarketForces also reported the milestone and quoted him saying: “The command was given a revenue target of N1.524 trillion for 2025 and exceeded it…”

Echotitbits take: Customs revenue growth is positive, but Nigeria also needs predictable, transparent port processes. Watch for whether clearance time improves and whether other commands replicate the efficiency gains without raising trade costs.

Source: The Nation — December 23, 2025 (https://thenationonlineng.net/tin-can-island-port-customs-surpasses-2025-revenue-target-by-n51-8bn/)
The Nation 2025-12-23

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