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Maritime Agencies

2024: Customs Exceeds 20% Of Annual Revenue Target In 3 Months, Rakes In N1.3trn.

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CGC Bashir Adewale Adeniyi

 

 

 

 

 

 

 

 

By Izuchukwu Ozoemena

 

 

 

 

The Nigeria Customs Service (NCS) collected N1.34trillion, January to March, in the face of declining cargo throughput estimated to have dwindled by 4.89 percent in the first quarter of 2024. By this collection, the NCS exceeded her annual revenue target of N5.07Trn by 20 percent.

 

Comptroller-General of Customs, Bashir Adewale Adeniyi disclosed this in Abuja, Wednesday, while unveiling Custom’s activities in the first quarter, 2024.

 

 

Total revenue collected during this period, he stated, amounted to N1,347,675,608,972.75.

 

“The collection for the first quarter represents a substantial increase of 122.35% compared to the same period last year, which was N606,119,935,146.67. Month-by-month analysis further illustrates the Service’s impressive growth trajectory.”

 

“In January 2024, revenue collection surged by 95.60%, reaching N390,824,148,326.55 from N199,809,974,327.52 recorded in January 2023. This upward trend continued in February 2024, with a staggering 138.68% growth, elevating revenue collection to N450,209,267,557.15 from N188,625,011,386.87 in February 2023. By March 2024, the revenue collected by NCS revenue grew by 132.76% from N217,669,949,432.28 to N506,642,193,019.05.”

 

When compared to the Custom’s 2024 annual revenue target of N5.07 trillion which translates to N423 billion monthly, the Service is recording an average monthly revenue growth of 6.2% over the set monthly target and a cumulative revenue collection of 18.6%, equivalent to N78,675,608,972.75 over the set quarterly target of N1.269 trillion.

 

The Customs boss, however, observed that there have been challenges related to non-compliance with regulations, infrastructure limitations, and a notable decline in cargo throughput, evidenced by a 4.89% decrease in the volume of transactions handled.

 

Significant fluctuations in exchange rates applied in the customs clearance of consignments posed considerable difficulties, he admitted.

 

“As per protocol, the exchange rate utilized by Customs in the clearance of goods via the Nigeria Integrated Customs Information System (NICIS) is based on the rate determined by the Central Bank of Nigeria (CBN).

 

“In the last quarter, a total of 28 rates were directed by the CBN, ranging from N951.94 per USD 1 in January 2024 to a peak of N1,662.35 per USD 1 in February 2024.”

 

“While a singular exchange rate of N951.94 per USD 1 was maintained in January, February witnessed 15 different spot rates ranging from N951.94 per USD 1 to N1,662.35 per USD 1. March saw a total of 13 different spot rates applied, ranging from N1,303.84 to N1,630.16. These fluctuations resulted in an average applied exchange rate of N1,314.03 per USD 1 in the clearance of Customs goods during the quarter,” the CGC observed.

 

First quarter of 2024, he explained, NCS recorded a total of 572 seizures, made up of assorted various items valued at N10,593,099,654.50 in Duty Paid Value (DPV).

 

“Notably, January saw 111 seizures amounting to N842,992,751.50 in DPV, while February marked the highest seizure numbers of 432, totalling N3,704,703,350.34. Rice constituted 39% of the seizures, followed by petroleum products at 26%, with motor vehicles and textiles accounting for 9% and 6% of the seizures, respectively. During this period, the NCS detained 22 suspects, and appropriate legal measures will be taken in accordance with the Nigeria Customs Service Act 2023,” he said.

 

As expected, he announced, trade facilitation remains a central focus of the NCS operations. In the period under review, the Service went a notch to streamline processes, minimize bottlenecks and optimize efficiency across Nigerian ports to ensure seamless trade transactions.

 

In the period January to March, 2024, the Service processed a total of 311,492 Single Goods Declarations (SGDs) for imports, reflecting the volume of import transactions handled.

 

“This figure indicates a decrease compared to the total volume of 327,491 processed in 2023 and 403,233 SGDs in 2022.”

 

“Regarding export transactions, a total of 10,786 SGDs were processed in 2024 compared to 9,752 transactions in 2023, representing a 10.60% growth in export activities. Notably, a significant portion of this growth occurred in January, with 4,067 transactions processed in 2024 compared to 3,352 SGDs in 2023, marking a 29.69% increase,” he explained.

 

Regarding non-oil exports, CGC Adeniyi stressed that the Service remains particularly interested in the growth in this area, in line with the policy thrust and priorities of President Bola Ahmed Tinubu’s administration and the initiatives pursued by NCS in recent times.

 

 

Maritime Agencies

Shippers’ Council Boss, Akutah, Advocates Stronger Alternative Disputes Resolution, Bags Special Honours from NBA ‎ ‎

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‎By Izuchukwu Ozoemena






‎The Executive Secretary/CEO of the Nigerian Shippers’ Council, Dr Pius Ukeyima Akutah has given a guarantee to maritime industry players, particularly  shippers, that with a new approach to maritime development being championed by the Council preparatory to the  passage of a new ports regulation Act to constitutionally bestow on her the status of the ports economic regulator, a law very important in dealing with all elements of their concerns has been  packaged.

‎Dr Akutah spoke, Thursday, at the sidelines of the 10th Annual Law Week 2025, a colourful event organized by the Nigerian Bar Association, Badagry  Branch, at the Gbajabiamila Conference, Centre  Lagos State University, Ojo, where he was specially invested as ‘Honorary Life Member of the Heritage Bar’.



‎”I guarantee Nigerians and, particularly, the maritime sector players, that that law, when it comes into force, is going to protect their investment; is going to set up the standards that everyone will follow, to provide predictability of investment in the sector. So, investors will no longer be afraid of putting their money in that sector because they will be sure that their money will need investment results and returns. So it’s a law that we are waiting for, and I know that the law is meant for the good of the maritime sector in Nigeria.”

‎He explained that the 1978 decree, now CAPN 133 of the Nigerian Shippers’ Council Act, is totally a spent law.

‎ “It’s of no use whatsoever in the maritime sector”, he stated.
‎” We have a new approach to maritime development, and we should have a law that is very important to deal with all the elements that will come up for a regulator like the Nigerian Shippers’ Council.”

‎”That piece of legislation is very crucial for us to proceed. And I want to thank the Speaker of the House of Representatives, the Senate President for giving attention to that bill when it came before them, and the Minister of Justice for also looking into it. So the two challenges we faced after the bill was passed, those have been cleaned up already, and the bill is back into the National Assembly for a process that will lead to a final assent by Mr. President .

‎Reacting to suggestions on the need for  alternative disputes resolution in maritime matters, Akutah, a lawyer and technocrat of high repute, advocated that the mechanism be made  very effective and efficient in tackling maritime disputes.

‎”Over the years, this has been advocated but not so much has been done yet. But a lot is going on. Even in the court reforms,  we have the Admiralty jurisdiction of the Federal High Court which fast-tracks these processes. But yet again, because of certain unforeseen factors in the administration of justice, sometimes those delays are imminent and you can’t help it. But then the issue of alternative dispute resolution mechanisms is very crucial.

‎He  recalled handling the case of a vessel, ‘Heroic Idiom’ as a prosecutor at the Federal Ministry of Justice, securing an out-of-court dispute resolution before being seconded to the Nigerian Shippers Council as Executive Secretary. The vessel, he explained, was accosted in Equatorial Guinea and brought back to Nigeria.

‎”I was a prosecutor in the case at that time before I left the Ministry of Justice. And then, if I must say, there are some other reforms going on in the Nigerian Shippers Council today. One major reform is in the area of law reform.”

‎He explained that at the Nigerian Shippers Council, there is a unit that is dedicated to handling  maritime disputes.

‎”I will say that last year alone, that unit was able to  resolve cases that would have cost over 6 billion in legal fees and damages and delays and all of that in maritime disputes. So we are doing everything possible to ensure that that mechanism is promoted over and against court resolution of matters so that before any case can go to court, let’s try arbitration. Let’s try any other alternative dispute resolution mechanism that are available to us in the sector..”

‎”Even in the Ministry of Justice where I was a prosecutor, certain cases were resolved without necessarily going to court. The courts are there. They are actually the last resort.

‎”When all resolution mechanisms fail, then you can approach the courts because they are statutory institutions to resolve disputes. But that doesn’t mean that individuals cannot resolve disputes by themselves, especially commercial disputes where money is involved, investments are involved in it.

‎So if you tie down your investments for 10 years, pursuing a legal battle in court, by the time you come back that investment has been dissipated to almost nothing. So we encourage alternative dispute resolution mechanisms to be applied first in handling maritime disputes. Majority of them are commercial disputes, not criminal cases, so to say.

‎Even in criminal cases, there is room for parties to settle, especially, like I said, where there is a commercial element in it and money is involved. If the parties have agreed to sort out their differences, why do you proceed to court? So this is very important.

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Maritime Agencies

MMA Customs Command Hits 100.1% of Annual Revenue Target 11 Months Before Year-End.

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‎By Izuchukwu Ozoemena




‎The Murtala Mohammed Airport Command of the Nigeria Customs Service, Wednesday, said that in eleven months, the Command has already achieved 100.1%, surpassing her annual revenue target for 2025. Customs Area Controller, Comptroller M.T. Awe disclosed this in Ikeja, Lagos, while highlighting the Command’s activities as well as  accomplishments in its core responsibilities of revenue generation, trade facilitation and suppression of smuggling as the year ends.

‎Between January and November 2025, the  Command generated a total of N179, 910,  971.00 from customs duties and related charges.

The seized contrabands on display.

‎” The revenue generated shows a significant improvement over N164, 819,  895, 457:00 that was generated in the corresponding period in 2024. This reflects an outstanding 9.16% increase, amounting to N15, 91, 75, 645: 81 kobo growth.”

‎”The Command’s exceptional performance within this period,” the CAC  explained, “is attributed to the dedication of our personnel, strong collaboration with partner agencies, and continuous engagement with stakeholders.”

‎”This impressive performance reflects our unwavering commitment to efficiency, transparency and accountability. Our success is driven by enhanced trader compliance, timely monitoring of import transactions, swift detection of irregularities, and deliberate actions taken to eliminate all revenue leakages.”

‎He extended his heartfelt appreciation to all compliant traders and clearing agents for being  cooperative and dedicated.


‎On anti-smuggling operations, during this period, the Command successfully intercepted and seized the following prohibited items:3pkgs of Colorado CAT Leaf4pkgs of Nigeria Immigration Service uniform materials, 1pkg Two-way Radio Walkie Talkie and 1pkg of TIPPMANN Semi-Automatic 50/68 Calibre Magfed Paintball marker gun. Others were 75pkgs of Pangolin Scales , 1pkg of Elephant Tusk, 2pkgs of Canadian Cannabis Sativa, 6pkgs of 225mg Tramadol Hydrochloride and 17pkgs of unregistered 300mg Pregabalin tablets Others were 5pkgs of unregistered 2mg Sardulud and 50mg Norflex tablets, 6pkgs of 225mg Tramadol Hydrochloride and 523pcs of signed Deutsch Bank and AIB Bank Cheques. The total Duty Paid Value of these seizures is N7, 201, 895, 232:00.

‎The Command was able to achieve this feat through robust intelligence gathering, strengthened surveillance efforts as well as effective collaboration with relevant partners.
‎”The Command remains firmly committed to its zero-tolerance stance on smuggling and will continue to enforce all applicable trade laws with the highest standards of integrity and professionalism”.

‎Comptroller Awe espoused the virtues of strong stakeholder relationships and its role in the Command’s achievements.

‎”Throughout the period under review, we sustained an open communication and mutual cooperation with all stakeholders and sister agencies. These engagements enabled us to resolve challenges amicably, harmonize procedures, and deepen institutional trust.Together, we created a more conducive environment for legitimate trade while maintaining strict and consistent enforcement against all forms of violations.”

‎He expressed profound gratitude to the Comptroller-General of Customs, Bashir Adewale Adeniyi, MFR, and the entire management team for their visionary leadership and unwavering support.

‎”Their guidance has been instrumental to every accomplishment we have recorded. I equally extend my heartfelt appreciation to the officers and men of the Command. Your dedication, resilience and professionalism have been the backbone of our success”.
‎He urged them the personnel to continue upholding the Service’ core values of integrity, discipline, and excellence in service delivery.

‎”To our stakeholders, I remain deeply grateful for your patience, understanding and cooperation. You have been true partners in progress, and your contributions have strengthened our collective efforts”.

‎Murtala Muhammed Area Command, he emphasized, remains firmly committed to improving revenue generation, intensifying the fight against smuggling and deepening stakeholder collaboration.

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Maritime Agencies

MARAN Dissolves Exco, Appoints An Interim Leadership.

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Tunde Ayodele Chairman, MARAN caretaker committee





‎By Izuchukwu Ozoemena




‎Nigeria’s pioneer maritime reporters body, the Maritime Reporters Association of Nigeria (MARAN), Thursday, set aside the Godfrey Bivbere-led Executive, replacing it with a 3-man Caretaker Committee to run the affairs of the body in the interim.

‎The Caretaker Committee unanimously put in place is part of a major reorganization to reposition MARAN to enable her meet her cardinal  aspirations .

‎Led by Mr Tunde Ayodele as Chairman,  Mr John Obot and Mrs Ruth Sunday Umunna now serve as Secretary and Treasurer respectively.

‎Unveiling the new dispensation in a release, MARAN wishes all stakeholders, particularly in the maritime sector,  ministries, government departments and agencies to, henceforth, direct and channel all dealings with the new leadership.

‎”The Association wishes to state categorically that the action is for the good of the Association, the industry and the nation in general and should therefore not be misconstrued.”

‎”We wish to use this medium to invite our highly esteemed stakeholders to our Association’s forthcoming launch of the book, “50 Drivers of the Nigerian Marine and Blue Economy”, coming up on the 4th of December, at Providence Hotel, GRA, Ikeja, Lagos.”

‎”The Maritime Reporters Association of Nigeria, MARAN, is a foremost body of highly cerebral, credible, erudite and professional Journalists, registered with the Corporate Affairs Commission. It has been covering the activities of the maritime industry for nearly four decades.”

‎”The Association had made its indelible mark in the maritime sector through unbiased, insightful, and impactful reportage of the sector over the years.
‎It is the first and the longest Maritime Association in the Industry and has evolved with more than forty members from the Prints, Electronic and Online platforms.”


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