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Nigeria granted N34tn in import duty exemptions in 2025

The Nigeria Customs Service has disclosed that approvals under the Import Duty Exemption Certificate scheme reached N34 trillion in 2025, with nearly 60 per cent of the duty waivers granted for the importation of military hardware. The Comptroller-General of Customs, Adewale Adeniyi, made the disclosure on Monday while appearing before the Senate Committee on Finance […]

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Nigeria Customs revenue hits N1.3 trillion growth

The Nigeria Customs Service announced that it generated over N1.3 trillion in revenue during the first quarter of 2024 representing an increase of 122.35% compared to the figure for last year. This disclosure was made during a media briefing by the Comptroller General of the NCS, Adewale Adeniyi in Abuja on Wednesday. He stated “The […]