Business

Nigeria Customs Sets Ambitious N11 Trillion Revenue Target For 2026

In a significant move for Nigeria's economic landscape, the Senate has greenlit a colossal N11.074 trillion revenue target for the Nigeria Customs Service by 2026. This approval, coupled with a substantial operational budget, underscores a governmental push towards enhanced fiscal strength. The audacious goal highlights the nation's reliance on customs revenue to fuel its growth and fund critical services, signaling a period of intensified trade monitoring and fiscal strategy.

Tribune Online·July 8, 2026AI-curated

The Senate on Wednesday approved a revenue target of N11.074trillion for the Nigeria Customs Service (NCS) for the financial year ending on December 31, 2026. The agency also got approval to spend N1.295trn on its operations and services during the same period. The Senate passed

nigeriacustomsrevenueeconomytrade

This story was sourced from Tribune Online and rewritten in SEVA editorial voice. Read the full original at the source.