Close Menu
News African MulNews African Mul
  • Home
  • Politics
  • Entertainment
  • News
  • Politics
  • Sports

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Dominican University Seeks Olubadan’s Endorsement for Global AI Conference

April 11, 2026

OEQA STRATEGIC PLAN TO BOOST LAGOS EDUCATION STANDARDS – COMMISSIONER*

April 9, 2026

Hon. Chief Mrs. Folasade Oba Bags Female Grassroots Politician Of The Year At Dascenario Awards 2025, Inducted As Matron

April 7, 2026
Facebook X (Twitter) Instagram
Trending
  • Dominican University Seeks Olubadan’s Endorsement for Global AI Conference
  • OEQA STRATEGIC PLAN TO BOOST LAGOS EDUCATION STANDARDS – COMMISSIONER*
  • Hon. Chief Mrs. Folasade Oba Bags Female Grassroots Politician Of The Year At Dascenario Awards 2025, Inducted As Matron
  • ‎NIMASA DG FELICITATES CHRISTIANS AT EASTER
  • ‎Bishop Martins urges Tinubu to intensify actions in addressing Nigeria’s current challenge
  • MIMA 2026: Compt. Frank Onyeka Clinches two Awards in Revenue Generation, Anti-Smuggling
  • President Tinubu’s Visit: Plateau and the Death of Promise
Facebook X (Twitter) Instagram
News African MulNews African Mul
Demo
  • Home
  • Politics
  • Entertainment
  • News
  • Politics
  • Sports
News African MulNews African Mul
Home»Uncategorized»TCIP generates N1.577 trillion for FG in one year
Uncategorized

TCIP generates N1.577 trillion for FG in one year

NewsafricanmulBy NewsafricanmulDecember 26, 2025No Comments1 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Tin Can Island Port Customs Command of the Nigeria Customs Service, Lagos has achieved a remarkable revenue milestone, collecting approximately N1.577 trillion in just 12 months.

The Tin Can Island Port, one of the busiest ports in Nigeria, has consistently been a major contributor to the country’s revenue.

To put this achievement into perspective, the Command was assigned a revenue target of N1.525 trillion in 2025 financial year.

This represents a significant increase of N51.85 billion, demonstrating the Command’s growing effectiveness in revenue collection.

The Customs Area Controller, Tin-Can Island the, Comptroller Frank Onyeka, while giving the revenue profile of the command in the last 11 months and 23 days attributed the achievement to teal work and dedication of officers and men of the command.

Comptroller Onyeka disclosed that for the 2025 fiscal year, the Tincan Island Port Command was assigned a revenue target of N1.524,669,999,478.52 and that he is pleased to state that, as at the time of this report, the Command revenue profile stands at N1.576 trillion.

“This means we have exceeded our annual target by over N51,837,652,129.32, a milestone that reflects discipline, professionalism, and unwavering commitment to duty. This growth did not happen by chance; it is the outcome of deliberate reforms, improved processes, and collective responsibility.

“Our major revenue contributors remain bulk cargo, general merchandise, and the importation of used vehicles, which constitute a significant volume of trade passing through the Port.

“Through diligent cargo examination, and strict adherence to customs procedures, the Command ensured that government revenue due on these imports was fully collected.

“One of our key focus areas in 2025 was the elimination of revenue leakages and operational inefficiencies. We deliberately addressed the issue of multiple and unnecessary alerts, which had previously slowed down clearance processes and created room for abuse. By streamlining Alerts and strengthening internal

“We also made conscious efforts to create an enabling environment for legitimate trade and to this end, the Command sustained regular and meaningful engagement with stakeholders which included importers, licensed customs agents, terminal operators, and shipping companies among others.

“Beyond revenue collection, the Command remained firm on its enforcement mandate which was achieved through intelligence-driven operations and vigilant monitoring. In the course of the year, we recorded significant seizures of prohibited and improperly declared goods, including items imported in contravention of existing laws and regulations. These seizures are a clear reminder that while we facilitate trade, we will not compromise national security, public safety, or economic integrity.

“Let me state unequivocally that the attainment of our annual revenue target does not in any way signify a relaxation of operational standards or enforcement activities. The Command will not ease its vigilance, even for the remaining part of the year” he stated.

He explained that all officers and men of the Command remain fully mobilized and operationally focused to sustain revenue generation, intensify compliance enforcement, and ensure that every legitimate collection due to the Federal Government is assessed, collected, and accounted for.

“I wish to place on record my deep appreciation to the Comptroller-General of Customs Dr. Bashir Adewale Adeniyi, for his exemplary leadership, clear strategic direction, and consistent institutional support to our Commands. His commitment to professionalism, automation and constructive

“Stakeholder engagement has provided the solid framework upon which the achievements of this Command have been built. The Command remains firmly guided by his vision and is aligned with the Service reform and modernization agenda” he said.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Newsafricanmul
  • Website

Related Posts

Dominican University Seeks Olubadan’s Endorsement for Global AI Conference

April 11, 2026

OEQA STRATEGIC PLAN TO BOOST LAGOS EDUCATION STANDARDS – COMMISSIONER*

April 9, 2026

Hon. Chief Mrs. Folasade Oba Bags Female Grassroots Politician Of The Year At Dascenario Awards 2025, Inducted As Matron

April 7, 2026
Leave A Reply Cancel Reply

Demo
Top Posts

MWUN PG Comrade Bunu Commends MAJAN Leadership, Assures members Of Brighter Days Ahead

August 8, 20251,518

We are committed to combating smuggling, protecting Nigeria’s economy – Comptroller Shuaib

August 15, 20251,505

Importation, Distribution of Highly Toxic Pesticides: AAPN calls for Accountability

August 8, 2025707

TINCAN ISLAND PORT RECORDS ₦16.4 BILLION IN A SINGLE-DAY VIA BODOGWU PLATFORM

August 21, 2025676
Don't Miss

Dominican University Seeks Olubadan’s Endorsement for Global AI Conference

By NewsafricanmulApril 11, 20265

A delegation from Dominican University, Samonda, Ibadan has paid a courtesy visit to the Olubadan…

OEQA STRATEGIC PLAN TO BOOST LAGOS EDUCATION STANDARDS – COMMISSIONER*

April 9, 2026

Hon. Chief Mrs. Folasade Oba Bags Female Grassroots Politician Of The Year At Dascenario Awards 2025, Inducted As Matron

April 7, 2026

‎NIMASA DG FELICITATES CHRISTIANS AT EASTER

April 5, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

Demo
© {2025} ThemeSphere. Designed by ThemeSphere.
  • Home
  • Politics
  • Entertainment
  • News
  • Politics
  • Sports

Type above and press Enter to search. Press Esc to cancel.

...
►
Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.
None
►
Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.
None
►
Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.
None
►
Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.
None
►
Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
None