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    MarketForces Africa » MarketForces News » Tin Can Customs Generates N1.61trn, Exceeds 2025 Revenue Target
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    Tin Can Customs Generates N1.61trn, Exceeds 2025 Revenue Target

    Ogochukwu NdubuisiBy Ogochukwu NdubuisiFebruary 4, 2026No Comments3 Mins Read
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    Tin Can Customs Generates N1.61trn, Exceeds 2025 Revenue Target
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    Tin Can Customs Generates N1.61trn, Exceeds 2025 Revenue Target

    The Tin Can Island Port Command of the Nigeria Customs Service (NCS) has set a new benchmark in revenue generation, recording N1.61 trillion in 2025, exceeding its annual target.

    The Customs Area Controller (CAC) of the command, Comptroller Frank Onyeka, said the revenue performance underscored renewed efficiency and reforms driving Nigeria’s maritime trade operations.

    Onyeka made this known in a statement issued through the command’s Public Relations Officer (PRO), Chief Superintendent of Customs, Oscar Ivara, and made available to newsmen in Lagos on Tuesday.

    Ivara said the milestone was celebrated at an award ceremony in Lagos, where officers whose dedication and professionalism contributed to the historic revenue performance were formally recognised.

    He said the ceremony reflected a growing culture of excellence and accountability within the command. Onyeka disclosed that the command generated N1.609 trillion in 2025, surpassing its approved revenue target of N1.524 trillion by over N85.2 billion.

    He described the achievement as one of the highest revenue surpluses recorded in the history of the command’s operations.

    According to him, the revenue performance is a collective achievement anchored on teamwork, transparency and sustained operational reforms rather than individual effort.

    “A tree can never make a forest. I could not have done it alone. Much has been given to us, and much is expected. Our officers deserve appreciation for their tireless efforts.

    “The recognition ceremony signals a renewed institutional culture within the service that rewards diligence, professionalism and shared responsibility in achieving national economic goals,” Onyeka said.

    The CAC highlighted key operational reforms that contributed to the revenue surge, including the implementation of the B’Odogwu clearance system and the Time Release Study (TRS).

    He said the reform initiatives were designed to reduce cargo clearance delays, streamline procedures and enhance trade facilitation at the port.

    Onyeka disclosed that the Comptroller-General of Customs, Mr Bashir Adeniyi, recently unveiled the official Time Release Study report during the 2026 International Customs Day celebrations.

    He said Adeniyi cited the Tin Can Island Port Command’s performance as a major highlight of the national assessment at the event.

    Onyeka noted that the reforms had strengthened the command’s capacity to promote legitimate trade while ensuring strict regulatory compliance, in spite of prevailing economic and operational pressures.

    He expressed appreciation to the Comptroller-General, industry stakeholders, partners and officers for sustaining confidence and cooperation with the command.

    Responding on behalf of the award recipients, the Deputy Comptroller in charge of Administration, Mr Essien Esiet, described the recognition as both an honour and a motivation to further raise operational standards. #Tin Can Customs Generates N1.61trn, Exceeds 2025 Revenue Target#

    LFTZ Customs Revenue Increases to N742.3bn

    Nigeria Customs Service Tin Can Island Port Command of Nigeria Customs Service
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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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