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Tinubu Extends Customs Boss Adeniyi’s Tenure by One Year

President Bola Tinubu has approved a one-year extension of service for the Comptroller-General of the Nigeria Customs Service, Bashir Adeniyi. According to a statement issued on Thursday by Presidential Spokesperson Bayo Onanuga, Adeniyi’s tenure—originally due to expire on 31 August 2025—has been extended to allow him consolidate ongoing reforms and complete key initiatives. Onanuga noted […]

FG Records N6.9 Trillion Revenue in Q1 2025, Customs Gets N10 Trillion New Target

The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, has announced that the federal government generated N6.9 trillion in revenue during the first quarter of 2025, marking a 40 per cent increase over the N5.2 trillion recorded in the same period last year. Speaking at a citizens and stakeholders’ engagement session […]

Stakeholders Decry Customs’ New 4% Levy, NPA’s 15% Port Charge Increase

Strong opposition has greeted the introduction of a new 4% administrative charge on Free-on-Board (FOB) value of imports by the Nigeria Customs Service (NCS), alongside the Nigerian Ports Authority’s (NPA) proposed 15% increase in port charges. The Nigeria Employers’ Consultative Association (NECA), the Manufacturers Association of Nigeria (MAN), and former Senate President Bukola Saraki, in […]

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