Finance Minister Chairs 62nd NCS Board Meeting, Rallies for Bigger Wins After Strong Q1 Performance

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The 62nd Board Meeting of the Nigeria Customs Service (NCS) convened in Abuja with the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, presiding as Chairman. The high-level session, held at the Customs Headquarters, reviewed strategic milestones and challenges while calling for accelerated reforms and greater success stories within the Service.

In his opening remarks, Mr. Edun commended the Nigeria Customs Service for its commendable performance in the first quarter of 2025, noting significant revenue generation and enhanced operational efficiency. He expressed satisfaction with the Q1 achievements, particularly in revenue mobilization, trade facilitation, and anti-smuggling operations.

“The Customs Service has made remarkable progress this year, and the Q1 performance is evidence of the ongoing transformation in the agency. However, we must now push for even greater success stories across all key metrics,” Edun said.

He emphasized the importance of aligning Customs operations with the broader economic agenda of President Bola Ahmed Tinubu’s administration, especially in driving non-oil revenue growth, securing Nigeria’s borders, and easing trade flows to support industrial growth and job creation.

During the board meeting, members deliberated on issues such as modernization of Customs processes, deployment of advanced scanning and surveillance equipment at ports and borders, and workforce development strategies. The Minister also stressed the need for transparent and tech-driven procedures that would minimize human interference and enhance compliance.

The Comptroller-General of Customs, Bashir Adewale Adeniyi, MFR, provided an overview of the Service’s activities and revenue performance. He attributed the Q1 achievements to improved collaboration with stakeholders, capacity-building initiatives, and policy support from the Finance Ministry.

Stakeholders in attendance included representatives from the Federal Ministry of Finance, the Nigerian Ports Authority (NPA), Federal Inland Revenue Service (FIRS), and the Central Bank of Nigeria (CBN). The meeting concluded with a renewed commitment to deepen reforms and strengthen accountability mechanisms across the Service.

As Nigeria intensifies its drive toward a more diversified and digitally enabled economy, the Nigeria Customs Service remains pivotal in safeguarding national revenue, securing trade borders, and promoting ease of doing business.

 

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