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Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% - Politics - Nairaland

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Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by Editorialtimes(op): 7:43pm On Jul 09, 2025
By, Bon Peters

According to The Bureau Newspaper, The Nigeria Customs Service (NCS) at Tincan Island Port, Lagos, has reported an impressive revenue haul of over ₦747 billion for the first half of 2025, representing a 29.85% increase compared to the same period in 2024.

This development was revealed in a press release issued on Thursday by the Command’s Public Relations Officer, Mr. Oscar Ivara.

According to the statement, the Port Command, under the leadership of Comptroller Frank Onyeka, generated ₦747,079,233,259.91, amounting to 98.03% of its projected revenue for the period. In comparison, the command collected ₦575.3 billion in the first half of 2024 — marking a revenue growth of over ₦171 billion.

Breakdown of Revenue Collections

January 2025: ₦116.4 billion

February 2025: ₦103.3 billion

March 2025: ₦128.3 billion

April 2025: ₦145 billion

May 2025: ₦128.4 billion

June 2025: ₦125.6 billion

These figures surpassed the command’s monthly revenue target of ₦127 billion and outperformed the same months in 2024.

Progress on New B’odogwu Clearance Platform

Comptroller Onyeka also disclosed progress on the B’Odogwu electronic clearance system, with 3,450 Single Goods Declarations (SGDs) received and 2,749 successfully processed and exited.

He said the command had intensified stakeholder training sessions — both online and in-person — to streamline the new process and ensure compliance.

Vessel Traffic and Cargo Composition

In Q1 2025 alone, 282 vessels berthed at the port. Import tonnage included bulk wheat, malt, chemicals, drilling rods, sugar, aluminum nitride, and general cargo, further strengthening Tincan’s position as a major maritime hub.

Anti-Smuggling Success: Seizure of Illicit Drugs and Arms

The Customs Command made significant strides in anti-smuggling operations, confiscating illicit drugs worth over ₦8 billion, which were handed over to the NDLEA. These included:

128 packets of Cannabis Indica

97 packets of crystal methamphetamine

1,735 packets of Cannabis Indica

Total weight: Over 1,000kg

In a separate operation, a 40-foot container concealing arms and military gear was intercepted. Recovered items included:

Ruger P345 Pistol

GEN 4 Austria Pistol

100 live rounds of 9mm ammunition

34 blank rounds

5 empty magazines

2 handcuffs

1 tactical flashlight

These were handed over to the Department of State Services (DSS) along with the consignee and declarant.

Stakeholder Engagement and Transparency

Comptroller Onyeka emphasized ongoing engagement with terminal operators, licensed agents, civil society groups, and private sector players. The command has also hosted open forums and regular press briefings to ensure transparency.

He urged importers to always declare their consignments accurately to foster faster clearance and improve trade facilitation.

Appreciation to Customs Leadership and Call for Excellence

The Area Controller praised the Comptroller-General of Customs and newly elected WCO Council Chairman, Bashir Adewale Adeniyi, describing his leadership as a “divine victory” for Nigeria.

He also encouraged officers and men of the Command to remain professional and vigilant, adding that the unit’s success is a result of teamwork and dedication.
Source: https://thebureau.com.ng/news-updates-in-nigeria-today/business/tincan-customs-generates-n747-billion-in-h1-2025-revenue-up-by-nearly-30/

Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by temitope27(m): 8:18pm On Jul 09, 2025
ASIWAJU BOLA AHMED TINUBU is the best Nigeria president ever
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by maxiuc(m): 8:20pm On Jul 09, 2025
Custom are killing the economy

Buying a 1998 car for 9 million this people are the cause
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by Flexiserve: 8:21pm On Jul 09, 2025
Give the dollar value of the revenues over the years. 100 billion naira in 2022 is worth more than this amount .

If my salary in 2022 is 50k and today it is 100k, in face value it looks like 100% increase but in real value, it is 50% or more decrease.
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by StarGraphicX: 8:23pm On Jul 09, 2025
Imagine the amount of billions that is not accounted for. Those customs bosses are fucking lowkey billionaires grin
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by cjudy(m): 8:24pm On Jul 09, 2025
Ask them to develop the road leading to the Tincan now, they will start looking for where to borrow money to repair road but claimed they generate trillions
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by DesChyko: 8:27pm On Jul 09, 2025
That is why Camry 2.2 everyone saved up 600k to buy almost two decades ago now costs 2 million naira!

As cars age, they get more expensive.
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by wink2015(m): 8:27pm On Jul 09, 2025
Make Sea Port work in the South South Geopolitical zones.

So they too can boost their marine economy.

Sea ports in Delta state such as the Warri sea port are lying fallow including those in Koko, Burutu, Sapele - All the mentioned a in Delta state.

Onne sea port in Rivers state, Calabar sea port, and the ones in Akwa Ibom needs funding from the federal and state government.
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by fkelly(m): 8:30pm On Jul 09, 2025
these are the people making life unbearable for the common man
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by ironheart(m): 8:31pm On Jul 09, 2025
Yet we do not see any meaningful use of these money. They loot every single dime generated
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by frankmoney(m): 8:31pm On Jul 09, 2025
All this figures yet the life of the common men remains the same
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by ceejay80s(m): 8:32pm On Jul 09, 2025
And tinubu is still borrowing....
We are not itiboribo abeg
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by 43Ronin: 8:32pm On Jul 09, 2025
At the expense of nigerians. Making things so expensive so that they can make BAT and his ronu coons feel good about themselves
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by chigo32: 8:34pm On Jul 09, 2025
By extorting d poor masses, to clear a 40 fit container one has to bring 17 to 20 milion naira. Some other African country dont pay money to clear goods. Wat has d masses benefited from d present govt, nothing. The present govt are really extorting money from d masses
temitope27:
ASIWAJU BOLA AHMED TINUBU is the best Nigeria president ever
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by PinkNature(m): 8:42pm On Jul 09, 2025
temitope27:
ASIWAJU BOLA AHMED TINUBU is the best Nigeria president ever
yes. May god grant him the grace to rule for his second term and also transfer power to his son.

I really love that man
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by gidson12(m): 8:42pm On Jul 09, 2025
The Igbos are the ones generating that revenue.
Kudos to them
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by Dyfynezz12(m): 8:42pm On Jul 09, 2025
DesChyko:
That is why Camry 2.2 everyone saved up 600k to buy almost two decades ago now costs 2 million naira!

As cars age, they get more expensive.
Tokunbo of 2.2 is more than 2m now




14 more characters needed
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by helinues: 8:44pm On Jul 09, 2025
The coalition will reduce the amount back to 50%.

Reelection is so easy for president Tinubu
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by ednut1(m): 8:49pm On Jul 09, 2025
Tinubu is good at generating taxes. But the common man wont see the impact and his friends like wike will chop it
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by yaki84: 8:51pm On Jul 09, 2025
They think they R talking to fools, infact they know they R talking to fools.
Cos how can U be collecting duties on dollar n remitting on naira, making it look as if they made so much during these quarter.
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by tanigororo: 8:57pm On Jul 09, 2025
I knew it, Dead Man's Hand, Campaign after election
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by AkhereOkaka(m): 8:58pm On Jul 09, 2025
fkelly:
these are the people making life unbearable for the common man
You've said it all, making exhobitant revenue, killing businesses and high cost of items for Nigerians.


We rise by lifting others
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by iukpe:
Milking the people senselessly and calling it revenue.
what are we generating after this? Is it jobs? Industry or are we putting the money to subsidize some tax free items that are very essential like medical and manufacturing equipment?
If we are producing enough affordable 2025 cars and quality machine parts, it will make all the sense to put high taxes on imports.
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by BigDawsNet: 9:03pm On Jul 09, 2025
In a year.. the customs are generating over Trillion naira to the federal government…

Make them Dey comot half of the money to service debt nah
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by CryptoPornster(m): 9:09pm On Jul 09, 2025
maxiuc:
Custom are killing the economy

Buying a 1998 car for 9 million this people are the cause
Shey na customs dey sell the cars give you?
Get your priorities right before expressing your grievances publicly.
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by Blitzerz: 9:11pm On Jul 09, 2025
Milking nigerians for politicians to steal and lavish
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by CryptoPornster(m): 9:11pm On Jul 09, 2025
Flexiserve:
Give the dollar value of the revenues over the years. 100 billion naira in 2022 is worth more than this amount .

If my salary in 2022 is 50k and today it is 100k, in face value it looks like 100% increase but in real value, it is 50% or more decrease.
Your point would have been valid if you had explained your grievances co no my wise.
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by Dottore: 9:16pm On Jul 09, 2025
This is aiding and abetting inflation. They have turned customs to revenue generating agency
Re: Tincan Customs Generates N747 Billion In H1 2025, Revenue Up By Nearly 30% by Chasito: 9:26pm On Jul 09, 2025
This custom people dey see money oh, I think they are the highest paid workers on paramilitary.
1 2 Reply

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