Customs Posts N1.3trn Income in Q1’24.

Customs Posts N1.3trn Income in Q1’24.

Total of 1.3 trillion naira worth of revenue has been generated by the Nigeria Customs Service in the first quarter of 2024.

Speaking during a press briefing on Wednesday, the Comptroller General of Customs, Adewale Adeniyi, explained that over 572 seizures were made with a duty paid value of N10bn.

Adeniyi also a total of N1.6 billion was generated through its electronic auction platform launched in the first quarter of the year.

The Customs boss, however, said that the Service encountered major challenge in the fluctuations of the exchange rate regime which he said has disrupted its activities.

Adeniyi, however, expressed delight in the relative stability in the past days.




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