Nigeria Customs Service reveals N34tn in duty waivers in 2025, significantly impacting revenue. Learn how these fiscal incentives affect government earning

Nigeria Customs Service reveals N34tn in duty waivers in 2025, significantly impacting revenue. Learn how these fiscal incentives affect government earning

The Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adeniyi, said the figure was reached between March 2000 and December 2025.

Nigeria Customs Service reveals the Federal Government granted N34tn in import duty waivers in 2025, significantly impacting revenue generation.

By Gift ChapiOdekina, Abuja The House of Representatives Committee on Finance has directed the Nigeria Customs Service (NCS) to provide a comprehensive breakdown of the estimated…

The House of Reps queries the Nigeria Customs Service over a ₦34tn import duty waiver breakdown and inconsistencies in revenue reporting. Get details here.

Lawmakers questioned discrepancies in Customs’ revenue records despite the agency exceeding its collection targets.

The House of Representatives Committee on Finance has directed the Nigeria Customs Service to provide a comprehensive breakdown of N34tn import duty waiver