N11.07trn Target: Customs Deploys Post-Clearance Audits To Boost Revenue

Leadership News | 12-09-2026 05:08am |

The Nigeria Customs Service (NCS) has intensified the use of Post-Clearance Audit (PCA) as a strategy to boost revenue, improve compliance, and reduce delays caused by physical examination of consignments at ports. Comptroller-General of Customs Bashir Adewale Adeniyi disclosed this during an engagement with business community members, manufacturers, customs licensed agents, and other stakeholders in Lagos. Adeniyi said the strategy is necessary as the Service seeks to meet its N11.074 trillion revenue target for 2026 while reducing the cost and friction associated with international trade. He noted that the NCS collected N7.281 trillion in 2025, exceeding its target of N6.584 trillion by N697 billion, representing about 19 percent growth over the N6.1 trillion collected in 2024, and that as of the end of June 2026, the Service had generated N4.30 trillion.

Stay Updated with the Latest News!

Don't miss out on breaking stories and in-depth articles.