HomeBusinessCUSTOMS : TCIP hits another record in May 2025, generates over ₦128.4...

CUSTOMS : TCIP hits another record in May 2025, generates over ₦128.4 billion

In continuation of their primary roles of trade facilitation, anti-smuggling activities and revenue generation, the Tin Can Island Port Area Command of the Nigeria Customs Service under the dedicated leadership of Comptroller Frank Okechukwu Onyeka has continued their record breaking performances in all areas of their responsibilities.

The Command has persistently churned out record revenues since the turn of the year, its stakeholders engagement has also been commended to be top notch going by many indications. The record of the revenue generated which was obtained from the public relations officer of the Command, Supretendent of Customs, Oscar Ivara shows that in the month of May, a total of one hundred and twenty eight billion, four hundred and forty six million, three hundred and twenty three thousand, two hundred and twenty four naira, seventy nine Kobo (₦128,446,323,224.79k) only was generated. This figure is far above the ninety two billion, six hundred and seventy one million, six hundred and three thousand, four hundred and eighteen naira, four kobo (₦92, 671,603,418.04) only generated in the corresponding month of May, 2024.

The revenue figure for April 2025 is one hundred and forty five billion naira (₦145,000,000,000.00) and is also a significant increase over the figure of ninety five billion, five hundred minnilion naira (₦95,500,000,000.00) for the corresponding period of April for 2024.

The Customs Area Controller of the Command, Comptroller Frank Okechukwu Onyeka has consistently maintained that his aim is to generate revenue seamlessly adding that he encourages trade facilitation, but that the trade has to be legitimate and not harmful to the economy.

Comptroller Onyeka has since the resumption of duty at the Command keyed into the policies of the Comptroller-General of Customs, Adewale Adeniyi and his records of performance at the Command so far has revealed a general increase in month on month performance in the area of revenue generation.

RELATED ARTICLES

Most Popular