Tincan Island Port Command Achieves ₦347 Billion Revenue Milestone in Q1 2025
The Tincan Island Port Command of the Nigeria Customs Service has recorded a remarkable revenue growth of ₦347,935,672,475.50 in the first quarter of 2025, representing a 14.54% increase compared to the same period in 2024. This outstanding performance demonstrates the Command’s exceptional growth, operational efficiency, and commitment to safeguarding national interests ¹.
Key Highlights
- Revenue Collection: ₦347,935,672,475.50 generated in Q1 2025, exceeding the revenue collected in Q1 2024 by ₦44,144,293,001.87
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Percentage Achievement: 91.2% of the total revenue target expected in Q1 2025 and 22.81% of the annual revenue target
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Seizures: Recent handover of illicit drugs worth over ₦8 billion to the National Drug Law Enforcement Agency (NDLEA)
Stakeholder Engagement and Capacity Building
The Command maintains an excellent working relationship with critical stakeholders, including Customs Licensed Agents, Shipping Companies, Armed Forces, and civil society organizations. Regular meetings, joint operations, and knowledge-sharing initiatives have enhanced operational efficiency, security, and trade facilitation. Additionally, the Command has organized training programs for its officers, focusing on integrity, emotional intelligence, and effective inspection procedures ¹ ².
Future Plans
The Command is committed to maximizing revenue collection, addressing revenue leakages, and optimizing processes. It will continue to engage proactively with stakeholders to enhance the revenue profile of the Port and support national economic objectives.
Endorsement from House of Representatives Committee
The Chairman of the House of Representatives Committee on Customs and Excise, Rt. Hon. Leke Abejide, has commended the Command for its professionalism in revenue collection and assured them of the Committee’s continued support. He praised the Comptroller General of Customs, Bashir Adewale Adeniyi MFR, for his groundbreaking achievements since assuming office.
Signed,
OE Ivara
Public Relations Officer
Tincan Island Port Command, Lagos
