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Home Economy

Nigeria Customs Service Generates N230bn in 2024

Victoria Attah by Victoria Attah
May 26, 2025
in Economy
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Nigerian Customs Deactivate Two Banks Over Failure to Remit Duties.
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The Nigeria Customs Service (NCS), Ports & Terminal Multiservices Limited (PTML) Command, has reported a remarkable revenue collection of N230 billion since the launch of its Unified Customs Management System, B’Odogwu, in October 2024. This milestone was announced by the Customs Area Controller, Tenny Daniyan, during a courtesy visit by the Shipping Correspondents Association of Nigeria (SCAN) on May 25, 2025.

Daniyan praised B’Odogwu as a transformative, locally developed digital platform that has revolutionized customs operations. “B’Odogwu is working, and it’s working for us. We have realized over N230 billion so far on the platform,” he stated, emphasizing its efficiency and robustness compared to the previous Nigeria Integrated Customs Information System (NICIS). He noted that the system incorporates advanced features, including artificial intelligence, to enhance classification accuracy and security, setting it apart from its predecessor.

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Despite initial challenges during the pilot phase at PTML, Daniyan reported that over 90% of these issues have been resolved, positioning the command as a model for other NCS units as the platform rolls out nationwide. The system’s success is attributed to its paperless, efficient, and secure design, which aligns with global trade standards and prepares the NCS for integration with the upcoming National Single Window initiative.

Daniyan commended Comptroller-General Adewale Adeniyi for spearheading B’Odogwu, describing it as a source of national pride that saves billions in potential capital flight previously associated with NICIS. “The NCS is not only raising revenue for Nigeria but also saving money,” he said. He urged traders and agents to ensure compliance and accurate declarations to benefit from seamless cargo clearance, with the command aiming to achieve a one-hour clearance time for compliant consignments.

The SCAN President, Moses Ebosele, lauded Daniyan’s leadership, highlighting his open-door policy and the strong relationship between the PTML Command and the media. He also praised the command’s achievements in revenue generation and stakeholder capacity building, underscoring B’Odogwu’s role in these successes.

The platform’s impact extends beyond revenue, supporting trade facilitation and modernization efforts, with PTML setting a record for the fastest cargo clearance time of two hours for compliant roll-on/roll-off consignments. As B’Odogwu’s deployment expands, the NCS is poised to further enhance Nigeria’s trade efficiency and economic growth.

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