The Tin Can Island Command of the Nigeria Customs Service (NCS) reported generating ₦116.4 billion in revenue from imports in January 2025, marking a 24 per cent increase from ₦88.4 billion collected in the same period last year.
Customs Area Controller, Comptroller Frank Onyeka, disclosed this at a sensitization workshop on the newly introduced 4 per cent Free on Board (FOB) levy and the Unified Customs Management System, known as B’Odogwu.
He explained that the 4 per cent FOB levy, introduced under the Nigeria Customs Service Act 2023, applies to the value of goods at import and is expected to enhance the service’s operational efficiency. He also highlighted the B’Odogwu system as a modernization effort aimed at reducing clearance bottlenecks and improving compliance.
Onyeka reiterated the Command’s commitment to facilitating trade while ensuring revenue growth, stating that Tin Can Customs is on track to exceed its 2025 revenue target of ₦1.524 trillion. He assured stakeholders that reforms would enhance transparency and streamline port operations.
