The Nigeria Customs Service (NCS) has been praised for its crucial role in boosting Nigeria’s economic recovery.
The Federal Government has set a ₦48 trillion expenditure target for 2025, with the NCS expected to play a vital role in achieving this goal.
According to the Minister of Finance, Mr. Olawale Edun, the NCS has already generated over ₦5 trillion by November 2024, attributing this success to reforms introduced by President Bola Ahmed Tinubu .
The government plans to secure concessionary loans, grants, and development support to fund the remaining ₦13 trillion.
The NCS has also been commended for its efforts in suppressing smuggling and fostering trade, which is crucial for growth and job creation.
To enhance trade facilitation, the board has approved the recruitment of 3,927 officers and granted special promotions to top-performing personnel.
The 2025 budget, tagged “A Budget of Restoration,” projects ₦35 trillion in revenue, with the NCS expected to contribute significantly to this target. The government has allocated ₦10.04 trillion for infrastructure, health, and education in the 2025 budget, with ₦4.91 trillion earmarked for defense and security .
