馃嚦馃嚞NigeriaWest Africa
Lagos Free Trade Zone Customs records N408.8bn revenue in first half of 2026
via Punch Nigeria2 min read
The Nigeria Customs Service, Lagos Free Trade Zone Command, generated N408.8bn in revenue between January and June 2026. This figure represents a N91.54bn increase compared to the N317.3bn collected during the same period in 2025, marking a 28.85 percent rise in revenue performance. Hauwa Abubakar, the Customs Area Controller, attributed this growth to deliberate strategies focused on strengthening compliance, improving operational efficiency, and fostering engagement with stakeholders in the Free Trade Zones and Lekki Port. She noted that sustained stakeholder engagement has built mutual trust and encouraged voluntary compliance with customs laws. The command also recorded its highest monthly revenue collection in June, generating N87.10bn. Abubakar commended the Comptroller-General of Customs, Adewale Adeniyi, and acknowledged the support from sister security and regulatory agencies, as well as stakeholders including investors, customs agents, importers, and exporters. She stated that the command, established four years ago, has become a model for trade facilitation and a major revenue-generating command, aiming to consolidate these achievements and surpass performance targets in the second half of the year.
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