Tin-Can Customs Generates N347bn Revenue in Q1
The Tin-Can Island Command of the Nigeria Customs Service (NCS), says it collected N347 Billion as revenue in the first quarter of 2025.
The Customs Area Controller, Tin-Can Island Command, Comptroller Frank Onyeka, disclosed this in a statement yesterday.
Giving the breakdown of 2025 Q1 revenue figures, the TCIP Customs boss noted that in January the Command generated N116, 412,735,766.23, which represents 24.06% more than the January 2024 figure of N88, 430,126,122.76 recorded within the corresponding period of 2024.
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“The record for February of 2025 also shows that the sum of N103,254,292,839.23k was generated which is also 2.90% more than the sum of N100,253,187,074.72k generated in the corresponding month of February 2024.
In March, N128,268,749,635.00k was generated and it is 10.3% higher than the N115,100,000,000.00k generated in March 2024.
“The total amount generated for the first quarter of 2025 is thus N347,935,672,476.00k which is 12.6% higher than the N304,000,000,000.00k generated in the corresponding period of 2024,” Comptroller Onyeka said.
He stressed the need for stakeholders to make more honest declarations so that a seamless operational environment may exist and all sides may benefit from a much better conducive ecosystem.
