General
Customs Targets N6.58trn for 2025 After Generating N6.11trn in 2024
By Adedapo Adesanya
The federal government has set a revenue target of N6.58 trillion for the Nigeria Customs Service (NCS) for 2025, according to the Comptroller-General of Customs (CGC), Mr Bashir Adewale Adeniyi, after the agency collected an unprecedented N6.11 trillion in 2024.
The amount generated last year according to the customs chief, surpassed its N5.08 trillion revenue target for the year by N1.03 trillion or 20.2 per cent.
Mr Adeniyi said the remarkable achievement represented 90.4 percent increase compared to N3.21 trillion collected in 2023, describing the revenue growth as historic as it marked the highest year-on-year increase recorded by the service in recent times, surpassing the 52.24 per cent growth recorded in 2022 by 38.18 per cent.
Mr Adeniyi also pointed out that the service achieved another milestone in October 2024 when it recorded N603.17 billion as the highest monthly collection in the history of the NCS, noting that the new revenue target reflected the government’s confidence in customs’ capabilities and the expanding scope of its operations.
Further providing a breakdown of the revenue collection for last year, Mr Adeniyi stated that N3.66 trillion was collected into the Federation Account, consisting of import duty, excise duty, fees, e-auction proceeds, and Common External Tariff (CET) levy.
He pointed out that the collections were achieved despite significant concessions granted to support various sectors of the economy, totaling N1.68 trillion, saying these concessions comprised N723 billion in import duty waivers, N372.65 billion in other levy concessions, and N586.65 billion in import VAT relief.
Mr Adeniyi noted that the strategic concessions were granted to stimulate economic growth, support industrial development, and enhance the overall business environment in line with government policy objectives.
He said the 2024 concession value represented a significant reduction from the N3.95 trillion recorded in 2023, adding that the reduction was a direct result of the service’s enhanced monitoring mechanisms and strategic reforms.
According to the CGC, this was aimed at blocking loopholes and eliminating abuses in the concession granting process, ensuring that only genuine and qualifying enterprises benefitted from these incentives, adding that the service made several commitments towards modernising its operations and enhancing service delivery.
He said despite its impressive revenue performance, the service remained conscious of the need to strike a balance between revenue collection and trade facilitation, adding that this balance was evident in its commitments at the beginning of the year and served as a milestone for gauging performance throughout 2024.
The CGC pointed out that trade data for 2024 reflected significant growth in trade value despite global economic headwinds, stressing that the service processed imports with a Cost, Insurance, and Freight (CIF) value of N60.29 trillion in 2024, representing a remarkable 117.4 per cent increase from N27.74 trillion in 2023.
He said this was achieved through 1,262,988 import transactions, handling a total mass of 15.35 billion kilograms –noting that the higher value recorded despite an 8.2 per cent decrease in transaction volume from the previous year’s 1,376,514 transactions indicated a shift towards higher-value goods in our import trade portfolio.
He said export trade performance was equally impressive, with the total CIF value rising significantly to N136.65 trillion in 2024 from N42.77 trillion in 2023, marking a 219.5 per cent increase.
He said while the number of export transactions remained relatively stable at 38,199 compared to 38,294 in 2023, the country witnessed a substantial increase in export volume, processing 12.35 billion kilograms in 2024 compared to 3.70 billion kilograms in 2023, noting that the 234 per cent increase in export mass, coupled with the higher value, indicated a robust growth in our export trade and suggested increasing competitiveness of Nigerian products in the international market.
According to him, the total trade value handled by the service in the review year amounted to N196.94 trillion, compared to N70.50 trillion in 2023, representing a 179.3 percent increase.
On its anti-smuggling operations, Adeniyi stated that the NCS adapted its strategies to the evolving security challenges resulting in 3,555 seizures in 2024 with a dramatic 100.92 per cent increase in the Duty Paid Value (DPV) of seizures from N17.56 billion in 2023 to N35.29 billion in 2024.
He said the seizures, with CIF value of N28.46 billion and a total duty of N6.83 billion highlighted the scale of attempted economic sabotage prevented by the service, adding that the recorded seizures included traditional and emerging risks to Nigeria’s economic and overall national security.
The customs chief stated that there were seizures of arms and ammunition, including 900 arms and 113,472 rounds of ammunition, and the interception of narcotics and other illicit drugs, resulting in 105 seizures across various forms that were aided by the declaration of a state of emergency at our major entry points.
Mr Adeniyi said the service also intercepted unauthorised pharmaceutical products, with 40 seizures including 175,676 pieces and 6,271 cartons of various medicaments valued at N3.04 billion, protecting public health from potentially dangerous counterfeit drugs.
According to him, the service’s enforcement activities also revealed evolving patterns in environmental and wildlife crimes, with 76 seizures of animal/wildlife products valued at N5.93 billion.
“We also maintained vigilance over trade-sensitive goods, as evidenced by the seizure of 183,527 bags of rice. Additionally, significant seizures were made of other restricted items including 3,785 bales of textiles valued at N945.9 million, and various quantities of footwear, beverages, and other consumer goods, protecting local industries and supporting the government’s economic diversification agenda.
“The service also recorded 397 seizures of vehicles valued at N5.64 billion, as we continue to enforce import regulations and protect government revenue.
“The mounting sophistication of smuggling networks also necessitated a corresponding elevation in our enforcement capabilities, leading to enhanced collaboration with national and international partners and the deployment of advanced detection approaches.
“Worthy of note is the launch of operation Whirlwind with the support of the Office of the National Security Adviser (ONSA) and the Nigeria Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) under the Nigeria Petroleum Corporation (NNPC) Limited
“This operation resulted in the seizure of significant quantities of petroleum products totaling 1,716,656 litres from saboteurs diverting petroleum products intended for home use to neighbouring countries.
“Most significantly, our enforcement activities have yielded 55 arrests of suspects currently under investigation as we continue to dismantle the criminal networks behind these activities.
Mr Adeniyi stressed that to strengthen customs’ enforcement capabilities further, the service is actively expanding its technological infrastructure by integrating geo-spatial technology and other cutting-edge solutions.
General
Lagos to Probe Alakija Building Collapse, Prosecute Culprits
By Adedapo Adesanya
The Lagos State Government has said it will investigate the collapse of a three-storey building in the Alakija area of the state and prosecute anyone found culpable, while warning residents against ignoring evacuation notices issued on distressed structures.
The Commissioner for Information and Strategy, Mr Gbenga Omotoso, gave the warning on Friday while commiserating with the families of the victims, describing the incident as unfortunate.
“Our first duty is to commiserate with the families who lost their loved ones in this unfortunate incident. On behalf of Governor Babajide Sanwo-Olu, we sympathise with them and pray that such a tragedy never occurs again,” he said.
Latest update from the state government put the casualty figures at 27 rescued and nine fatalities, including a baby.
He disclosed that 27 persons were rescued alive from the rubble, while nine others lost their lives despite overnight rescue efforts.
“By the grace of God, we have been able to rescue 27 people. Unfortunately, we lost nine persons and this is very sad. We share the pain of the affected families,” he said.
According to the commissioner, the collapsed building had earlier been identified as distressed and marked for evacuation, but some occupants allegedly returned after initially leaving.
“As you can see, these buildings had been marked as distressed and people were asked to leave. Unfortunately, some residents returned after pretending to have moved out, leading to this tragic outcome,” Mr Omotoso said.
He added that other distressed buildings in the area would be demolished to prevent similar incidents.
“All the buildings that have been identified as defective will go down. We cannot wait until another tragedy occurs before taking action. The protection of lives remains our priority,” he said.
Mr Omotoso also condemned the construction and occupation of buildings beneath high-tension power lines, describing the practice as unsafe and unacceptable.
“It is not done in any civilised society. Such developments show disregard for safety regulations and contempt for the law. Government will continue to clamp down on such violations,” he said.
He assured residents that a full investigation into the collapse had commenced, stressing that anyone found responsible would face prosecution.
“The owners of the building are under investigation. Anybody found complicit in this tragedy will face the law. They will be prosecuted because no one is above the law,” he said.
The commissioner said most of the rescued victims sustained no life-threatening injuries, while those requiring further medical attention had been taken to the hospital.
He also praised the Lagos State Emergency Management Agency, the Lagos State Fire and Rescue Service, the police, the military, neighbourhood safety personnel and other emergency responders for their swift response.
“I must commend all our emergency responders who worked tirelessly throughout the night to save lives and bring the situation under control,” he said.
Mr Omotoso urged residents to prioritise safety over economic considerations.
“The most important lesson from this incident is that nobody should prioritise livelihood over life. Once life is lost, everything is lost. No business is worth risking human lives for,” he added.
General
Deregistration: Peter Obi’s NDC to Challenge High Court Judgment
By Modupe Gbadeyanka
The Nigeria Democratic Congress (NDC), founded by Mr Seriake Dickson, has reacted to reports claiming that a Federal High Court in Lokoja, Kogi State, has ordered its deregistration by the Independent National Electoral Commission (INEC) over an alleged logo infringement.
In a statement on Friday, the political party, which presented Mr Peter Obi as its presidential candidate for the 2027 general elections, said it had instructed its lawyers to challenge the judgment said to have been delivered by Justice Isah Dashen.
“Our attention has been drawn to a ruling by the Federal High Court sitting in Lokoja this morning, wherein His Lordship, Honourable Justice Isah Dashen, gave a ruling on an application filed by an unregistered association known as Peace Movement Party.
“The public knows that by December 2025, the Nigeria Democratic Congress, as an association, complained of INEC’s refusal to register us as a political party, whereupon we proceeded to the Federal High Court. The Federal High Court upheld our constitutional right to freedom of association under the Constitution and compelled INEC to register us, which INEC did.
“Since then, we have started political activities, embarked on the registration of members, held congresses from ward to national levels, held conventions, and concluded primaries to all offices following INEC’s timetable. We have been fully participating in all INEC activities without let or hindrance.
“NDC also fielded candidates, and fully participated in the just-concluded bye elections in Nasarawa and Enugu states.
“Candidates for the House of Assembly, House of Representatives, Senate, Governorship, Presidential, and Vice-Presidential positions have been duly nominated, and we are in the process of formally submitting them to INEC in accordance with INEC’s timetable.
“The association that filed the complaint is unknown to us. The Peace Movement Party (PMP) is not a registered political party in Nigeria. They claimed, in a motion (not even a substantive suit or appeal), that the court should set aside its earlier judgment on the purported ground that, in 2015, they had sought registration as a political party with the victory sign as their symbol and were denied.
“It is important to note that they are not an association applying for registration now under the exercise that started last year. They are also not a registered political party in Nigeria participating in the political process now, as we are.
“Furthermore, the court, having delivered a final judgment in our suit against INEC, had become functus officio. The court had also dealt with all related issues concerning associations claiming they wanted to use the same symbol and colours. The court, in its judgment, overruled INEC when those issues were raised, and there is no appeal against that judgment.
“Therefore, we are surprised that, on an application by an association claiming that it wanted to register as a political party with the victory sign in 2015—an association that is not a registered political party and is not seeking registration now to participate in the current political process—His Lordship came to the conclusion that they have locus standi, and furthermore, that he has jurisdiction to do what he did.
“Accordingly, we have been informed that His Lordship made an order setting aside the court’s earlier decision of December 2025.
“There was no order directing our deregistration. However, we are dissatisfied with the decision that has been made, and we have instructed our team of lawyers to immediately proceed to the Court of Appeal to challenge the jurisdiction and propriety of His Lordship’s order.
“We assure the general public, and particularly our candidates at all levels, that our party is on course. The NDC has not been deregistered, and we are challenging today’s order at the Court of Appeal as soon as possible. We have no doubt that justice will be done.
“We condemn efforts by those who seek to shrink the democratic space and stifle opposition voices and alternatives. Nigerians have a right to a full range of opinions, ideas, and alternatives, and political platforms and candidates should be allowed to participate in the 2027 general election process, which has already gone midway,” the statement read.
General
Makinde Extends Curfew in 10 Local Governments by 24 Hours
By Adedapo Adesanya
The Governor of Oyo State, Mr Seyi Makinde, has approved the extension of the curfew imposed on 10 local government areas bordering the Old Oyo National Park by an additional 24 hours.
The development was announced in a statement issued by the Secretary to the State Government, Mr Musibau Babatunde, and signed by the Special Adviser to the Governor on Media, Mr Suleiman Olanrewaju.
The state government had, on June 23, 2026, imposed a dusk-to-dawn curfew from 4:00 pm to 8:00 am on the affected local government areas as part of measures to address the prevailing security situation.
With the extension, the curfew, which was initially scheduled to last 48 hours, will now remain in force until Saturday, June 27, 2026.
The affected local government areas are Oriire, Orelope, Irepo, Saki West, Saki East, Atisbo, Itesiwaju, Iseyin, Olorunsogo and Atiba.
The government urged residents of the affected areas to continue cooperating with security agencies and to comply fully with the directive as efforts continue to safeguard lives and property.
This development follows the abduction of 39 students and seven teachers in an attack targeting several schools in Nigeria’s southwestern Oyo State in May.
The attack took place in Ahoro Esinele community in Oriire district, targeting a secondary school and two primary schools, according to officials. With over 40 days in captivity, all rescue efforts have so far not yielded results.
Mass kidnappings by armed groups have become a serious security challenge in Nigeria in recent years, with criminal gangs exploiting weak security to target travellers, students, and rural communities for cash payments. Schools are often targeted, although such attacks used to be rare in the southwest of the country.
-
Feature/OPED6 years agoDavos was Different this year
-
Travel/Tourism10 years ago
Lagos Seals Western Lodge Hotel In Ikorodu
-
Showbiz3 years agoEstranged Lover Releases Videos of Empress Njamah Bathing
-
Banking8 years agoSort Codes of GTBank Branches in Nigeria
-
Economy3 years agoSubsidy Removal: CNG at N130 Per Litre Cheaper Than Petrol—IPMAN
-
Banking3 years agoSort Codes of UBA Branches in Nigeria
-
Banking3 years agoFirst Bank Announces Planned Downtime
-
Sports3 years agoHighest Paid Nigerian Footballer – How Much Do Nigerian Footballers Earn


