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Home News

NCS on Track to Achieve Its N11 Trillion Annual Target: Taiwo Oyedele ‎

News Desk by News Desk
September 7, 2026
in News
0
NCS on Track to Achieve Its N11 Trillion Annual Target: Taiwo Oyedele ‎

The Nigeria Customs Service is on track to achieve its N11 trillion annual target, driven by aggressive automation, intelligence-led reforms, and improved cargo processing strategies under comptroller-general, Bashir Adeniyi.

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‎Finance and economy minister Taiwo Oyedele stated this during his inaugural board meeting and facility tour at the NCS headquarters in Abuja.

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‎According to a statement on Sunday, Mr Oyedele commended the NCS for its ongoing trade reforms and revenue generation of N4.03 trillion in the first half of 2026.

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‎The minister said the service generated an additional N1.38 trillion in July and August alone, acknowledging its strong revenue performance, technology-driven reforms, and sustained efforts to ease trade.

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‎The minister praised the service’s leadership and officers for their remarkable progress in modernising operations and boosting national revenue.

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‎Satisfied with the customs’ modern intelligence tools and technological infrastructure, Oyedele described customs’ track record as the ideal springboard to propel Nigeria into a leading position in regional and global trade.

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‎“Results are precisely what should propel us to do more,” the minister said.

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‎He noted that customs’ strong foundation equipped the service to pioneer world-class standards in port efficiency, end-to-end transparency, faster cargo clearance and revenue integrity, saying, “Nigeria must lead through performance, not rhetoric.”

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‎Reaffirming President Bola Tinubu’s support, Mr Oyedele assured the NCS of the federal government’s commitment to providing cutting-edge technology, modern operational tools and policy support to strengthen its role as Africa’s leading trade facilitator.

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‎(NAN)

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