The Nigeria Customs Service (NCS) generated N1.42 trillion between September and October 2026, signalling improved trade facilitation and revenue drive.
National PRO Deputy Comptroller Abdullahi Maiwada disclosed the figures on Nov 5 during a joint briefing at the National Counter Terrorism Centre in Abuja.
Breakdown:
- September: N697.84 billion
- October: N722.91 billion
- Total cargo declarations: 99,839 SGDs and 9,195 PAARs Export trade also surged.
At the Lilypond Export Command, export value rose to $752.85 million in Q3 2026 from $586.15 million in 2025 — a 28.44% increase, driven by non-oil exports.
Customs also seized prohibited goods worth over N8.1 billion including illicit drugs, pharmaceuticals and petroleum products.
On enforcement against illicit finance, Customs said it has migrated to an electronic currency declaration system and is hosting a 4-week World Customs Organisation mentoring mission (Oct 18 – Nov 13) to tackle trade-based money laundering in partnership with EFCC, NFIU and NCTC.
This comes just as Afreximbank approved a $30m facility for NEXIM to finance export-oriented SMEs at CANEX WKND 2026 in Lagos.
Source: Punch, Vanguard, NCS