The Minister of Finance, Wale Edun, has charged the Nigerian Customs Service to do more in its revenue drive while lauding the service’s first-quarter 2025 revenue collection feat of N1.75 trillion.
Edun, who also serves as the Customs Board chairman, made this charge at the 62nd regular meeting of the NCS Board held on Tuesday, April 29, 2025, at the service’s headquarters in Maitama, Abuja.
The minister expressed satisfaction with the service’s progress but emphasized the need to scale up efforts to meet the country’s economic demands.
“As is expected and required, there is an improvement in the revenue of the service, which is slightly above what was budgeted for the first quarter. However, much more is required, and more is expected of an institution that is pivotal in revenue,” he stated.
He described the board meeting as productive and reaffirmed the importance of open governance and accountability within public institutions.
“It was a good meeting. It’s important that we maintain corporate governance oversight and consultation through these regular statutory meetings. At the end of the day, we will always ask that we do more to improve the revenue and the service’s operations to aid the Nigerian economy and serve the good people of Nigeria,” he remarked.
This comes after the Comptroller General of NCS announced recently that the service recorded a historic N1.75 trillion in revenue, exceeding its target by N106.5 billion and marking a nearly 30 percent increase compared to the same period in 2024.
