The Federal Government has described the Nigeria Customs Service (NCS) as a key driver of its economic strategy after the agency generated ₦3.7 trillion in the first half of 2025 — 12.5% above budget and 25% higher than the same period last year.
Minister of Finance and Coordinating Minister of the Economy, Wale Edun, announced the figures during the 62nd meeting of the NCS Board in Abuja.
Director of in Information and Public Relations, Mohammed Manga in a statement quoted Edun to have noted that while the performance was commendable, deeper reforms were needed to meet the administration’s ambitious revenue targets.
At the centre of these reforms is the National Single Window Initiative, a digital trade platform slated for full rollout in 2026. The initiative is expected to cut delays, reduce costs, and enhance competitiveness in import and export processes.
“The National Single Window will give Customs the speed and capacity to process trade more effectively, boosting revenue and positioning Nigeria as a more attractive hub for investment,” Edun said.
The board also approved governance improvements in the Service, including senior appointments and promotions, to strengthen professionalism and institutional capacity.
Edun stressed that these measures align with President Bola Tinubu’s broader strategy to stabilise inflation and exchange rates while building a transparent, technology-driven trade ecosystem that fosters private sector growth.