The Tin Can Island port command of the Nigeria Customs Service has recorded a significant increase in revenue generation, collecting N347billion in the first quarter of the year..
Controller of the command, Comptroller Frank Onyeka, who disclosed this in a press statement issued in Lagos on Monday said the figure represents a 12.6% rise from the N304billiion generated in the corresponding period of 2024.
Giving the breakdown of the 2025 Q1 revenue figures, the Customs boss noted that in January the Command generated N116, 412,735,766.23, which represents 24.06% more than the January 2024 figure of N88, 430,126,122.76 recorded within the corresponding period of 2024.
“The record for February of 2025 also shows that the sum of N103,254,292,839.23k was generated which is also 2.90% more than the sum of N100,253,187,074.72k generated in the corresponding month of February 2024.
“In March, N128,268,749,635.00k was generated and it is 10.3% higher than the N115,100,000,000.00k generated in March 2024.
“The total amount generated for the first quarter of 2025 is thus N347,935,672,476.00k which is 12.6% higher than the N304,000,000,000.00k generated in the corresponding period of 2024,” Comptroller Onyeka said.
He also seized the occasion to harp on the need for stakeholders to do more honest declarations so that seamless operational environment may exist and all sides may benefit from a much better conducive ecosystem.
Comptroller Onyeka appreciated the support of the Comptroller-General of Customs, Adewale Adeniyi and extolled the media for availing the Command positive reviews.
He, however, promised to intensify his engagements with port stakeholders at TCIP in a bid to stimulate an all-round improvement in every aspects of operations at the port.
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