• Login
  • Register
Nairametrics
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
Nairametrics
Home Business News

Nigerian Customs Apapa Command hits record N1.5 trillion revenue in 9 months 

Rosalia Ozibo by Rosalia Ozibo
September 18, 2024
in Business News
FX rate for customs import duties rises again by N37 

Comptroller General of Nigeria Customs Service (NCS), Mr. Bashir Adewale Adeniyi

Share on FacebookShare on TwitterShare on Linkedin

The Nigerian Customs Service, Apapa Area Command, has announced an unprecedented revenue collection of N1.5 trillion between January and September 2024, marking a record high in its history.

This achievement highlights the effectiveness of the command’s strategies and dedication to improving revenue generation.

Babatunde Olumo, the Customs Area Comptroller, attributed the success to meticulous documentation processes and the professionalism displayed by the officers under his command.

MoreStories

New York Times reveals screwdriver trader aided US airstrikes in Nigeria

Iran: Three US fighter jets shot down over Kuwait in apparent friendly fire

March 2, 2026
Oil tankers avoid Hormuz Strait after US, Israel strikes on Iran

Insurers withdraw war risk cover for vessels across Iranian, Gulf waters

March 2, 2026

He praised their resilience, commitment, and hard work, stating, “This is a very commendable feat, and we must sustain this momentum. We believe there are still opportunities to increase revenue, and we will not rest on our laurels.” 

Olumo emphasized that the command’s performance was driven by a focus on blocking revenue leakages and ensuring compliance with payment obligations. He acknowledged that these efforts, combined with internal motivation and a rewards system, have been instrumental in achieving this landmark.

“The Comptroller General of Customs (CGC) has always emphasized the importance of a robust motivation system to reach our organizational goals. By closing loopholes and maximizing revenue collection, we’ve seen the impact reflected in today’s results,” Olumo explained.

He further extended his appreciation to the Comptroller General, Adewale Adeniyi, and his leadership team, whose support and guidance have been key to the command’s impressive revenue growth.

What you should know 

Nairametrics reported in August 2024 that the Nigeria Customs Service (NCS) reported ₦277.5 billion in import duty collections and N15.8 billion in excise duties. The service also carried out 83 seizures across multiple commands, confiscating 1,014 parcels of cannabis sativa, 23 vehicles, and other contraband items valued at N975 million.

In a bid to curb petroleum product smuggling, the NCS ramped up its anti-smuggling efforts under “Operation Whirlwind,” leading to the interception of seven PMS trucks, 466,000 litres of PMS, and 23 additional vehicles, particularly in border regions.

In July 2024, the Federal Operations Unit (FOU) Zone A of the NCS seized smuggled goods worth ₦8.1 billion, resulting in 70 interceptions. Key confiscated items included donkey skins, Tramadol, foreign rice, cannabis sativa, and imported vehicles. The unit also recovered N133.7 million through thorough checks and demand notices on underpaid consignments.


Add Nairametrics on Google News
Follow us for Breaking News and Market Intelligence.
Tags: Apapa Area CommandBabatunde OlumoNigerian Customs
Rosalia Ozibo

Rosalia Ozibo

Rosalia is a versatile journalist with a focus on technology and education. She has a talent for turning complex ideas into engaging stories, exploring how innovation and learning shape the future of people, business, and society. From tracking shifts in digital transformation and emerging tech to writing about developments in education policy and practice, her work bridges insight and accessibility. Known for sharp analysis and compelling storytelling, she continues to provide readers with perspectives that connect knowledge, opportunity, and the evolving world of work.

Next Post
Bears assert dominance, crashing stocks by 183.88 points, erasing N103.97 billion in value

All-share rises consecutively for four trading days, gains 0.56%, closing in the green

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

rabafast

nairametrics








DUNS

Follow us on social media:

  • HOME
  • ABOUT NAIRAMETRICS
  • CONTACT US
  • DISCLAIMER
  • ADs DISCLAIMER
  • COPYRIGHT INFRINGEMENT

© 2026 Nairametrics

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms below to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Social Media Auto Publish Powered By : XYZScripts.com
No Result
View All Result
  • Home
  • Exclusives
    • Recapitalization
      • Access Holdings Offer
      • Fidelity Bank Offer
      • GTCO Offer
      • Zenith Bank Offer
    • Financial Analysis
    • Corporate Stories
    • Interviews
    • Investigations
    • Metrics
    • Nairalytics
  • Economy
    • Business News
    • Budget
    • Public Debt
    • Tax
  • Markets
    • Currencies
    • Cryptos
    • Commodities
    • Equities
      • Company Results
      • Dividends
      • Public Offer & Right Issues
      • Stock Market News
    • Fixed Income
    • Funds Management
    • Securities
  • Sectors
    • Agriculture
    • Aviation
    • Company News
    • Consumer Goods
    • Corporate Updates
    • Corporate deals
    • Corporate Press Releases
    • Energy
    • Entertainment
    • Financial Services
    • Health
    • Hospitality & Travel
    • Manufacturing
    • Real Estate and Construction
    • Renewables & Sustainability
    • Tech News
  • Financial Literacy
    • Career tips
    • Personal Finance
  • Lifestyle
    • Billionaire Watch
    • Profiles
  • Opinions
    • Blurb
    • Market Views
    • Op-Eds
    • Research Analysis
  • Login
  • Sign Up

© 2026 Nairametrics