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    MarketForces Africa » MarketForces News » Customs LFTZ Command Records N408.8bn Revenue in 2026 Half Year

    Customs LFTZ Command Records N408.8bn Revenue in 2026 Half Year

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiJuly 2, 2026 News No Comments4 Mins Read
    Customs LFTZ Command Records N408.8bn Revenue in 2026 Half Year
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    Customs LFTZ Command Records N408.8bn Revenue in 2026 Half Year

    Lagos Free Trade Zone (LFTZ) Command of the Nigeria Customs Service has generated N408.8 billion in revenue between January and June 2026.

    The Customs Area Controller (CAC), Comptroller Hauwa Abubakar, disclosed this at a news conference and stakeholders’ sensitisation programme held on Thursday in Lekki.

    Abubakar said the figure represented 28.85 per cent increase over the N317.3 billion collected during the corresponding period of 2025.

    Abubakar said the command surpassed the previous year’s performance by N91.5 billion, attributing the growth to improved compliance, operational efficiency and sustained engagement with stakeholders operating within the Free Trade Zone and Lekki Deep Sea Port.

    She also announced that June 2026 recorded the command’s highest monthly revenue since its establishment, with collections reaching N87.1 billion.

    According to her, the record performance reflects growing investor confidence in the Free Trade Zone and Lekki Port, as well as the command’s commitment to trade facilitation and revenue generation.

    “The unprecedented growth recorded by the command is the result of deliberate efforts to strengthen compliance, improve operational efficiency and maintain constructive engagement with stakeholders,” she said.

    The CAC said continuous stakeholder engagement had fostered mutual trust, encouraged voluntary compliance with Customs laws and created an enabling environment for legitimate trade.

    She commended officers and personnel of the command for their professionalism, integrity and dedication, noting that their commitment had strengthened confidence in the Nigeria Customs Service.

    Abubakar also expressed appreciation to the Comptroller-General of Customs, Bashir Adeniyi, for his leadership, and to the management team for providing the strategic direction that had enhanced the performance of commands nationwide.

    She said that in the four years since its establishment, the LFTZ Command had evolved into a model for trade facilitation, improving the ease of doing business while boosting government revenue.

    The CAC attributed the transformation to effective leadership, the dedication of officers and the continued cooperation of stakeholders within the Free Trade Zone.

    She also acknowledged the support of officers from other Customs formations, as well as sister security and regulatory agencies operating within the port and free zones, saying their collaboration had strengthened operational effectiveness, enhanced security and facilitated legitimate trade.

    Abubakar thanked investors, licensed customs agents, importers, exporters and the business community for their cooperation and compliance, urging them to sustain the partnership.

    She reaffirmed the command’s commitment to maintaining an enabling environment for legitimate trade through transparency, professionalism, compliance and stakeholder engagement.

    The CAC said the command would consolidate its achievements in the second half of 2026, improve service delivery and surpass its revenue targets, while appreciating the media for objective reportage of Customs reforms and activities.

    Speaking during the sensitisation programme, Assistant Comptroller K.A. Yuguda and Assistant Comptroller O.A. Omekam explained the Customs processing procedure for the electronic transire system covering the movement of cargo from seaports to bonded terminals.

    They said the Nigeria Customs Service had streamlined transire processing to facilitate faster cargo movement under proper Customs control and documentation.

    According to them, the electronic system reduces delays, minimises human interface and improves cargo tracking, thereby enhancing trade facilitation, revenue assurance and border security.

    They urged stakeholders to comply fully with the transire guidelines, saying seamless implementation would promote legitimate trade, curb cargo diversion and support the country’s economic objectives.

    Also, the Head of Operations, Flour Mills LFTZ, Mr Olanrewaju Okunola, commended the command for recording its highest-ever monthly revenue of N87.1 billion in June.

    Okunola lauded the Nigeria Customs Service’s digital reforms and urged stakeholders to embrace the system to position Lekki Port as a preferred destination for trade in West and Central Africa.

    Similarly, the Zone Administrator, Lekki Free Trade Zone, Mrs Bolanle Dada, described the revenue growth as a major milestone, citing improved transparency at the zone and pledging continued collaboration to boost government revenue. #Customs LFTZ Command Records N408.8bn Revenue in 2026 Half Year#

    Tincan Customs Command Generates N111.2bn May Revenue

    Customs LFTZ
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    Ogochukwu Ndubuisi
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    Ogochukwu Ndubuisi is an editorial content strategist and financial news writer at MarketForces Africa, covering a broad range of topics including Nigeria's equity markets, infrastructure development, energy, government policy, corporate finance, and digital economy.With over 2,400 published articles on MarketForces Africa, Ogochi brings depth and consistency to the publication's daily news coverage.Her reporting spans Nigerian Exchange Group market movements, Lagos State infrastructure projects, and federal government economic policies, oil and gas developments, and emerging sectors shaping Nigeria's economic landscape.She also covers Africa-wide stories, including East African market indices, continental investment trends, and cross-border economic developments.Ogochi works closely with MarketForces Africa's editorial and corporate communications teams to deliver accurate, timely, and well-researched content to the publication's professional readership.Ogochukwu Ndubuisi is based in Lagos, Nigeria.

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