Close Menu
PRIMA NEWSPRIMA NEWS
    What's Hot

    Ukraine: Investigators find Russia committed war crimes by targeting civilians

    October 28, 2026

    Founder Summit: Save up to $100 on your pass

    October 28, 2026

    Customs seize N5.8m drugs, hand over to NAFDAC in Sokoto

    October 28, 2026
    Facebook X (Twitter) Instagram
    PRIMA NEWSPRIMA NEWS
    Facebook X (Twitter) Instagram
    Subscribe
    • Home
    • News
      • Politics
        • Politics
        • World Politics
      • World News
        • Africa
        • Asia Pacific
        • Europe & UK
        • Middle East
      • Economy
        • Business
      • Technology
      • Metro
      • Sports
      • Entertainment
    • Prima TV
    • Prima Gallery
    • Entertainment
    • Contact
    • About Us
    PRIMA NEWSPRIMA NEWS
    Home»Business»Apapa Customs Daily Revenue Record Jumps 40% To N28.1bn
    Business

    Apapa Customs Daily Revenue Record Jumps 40% To N28.1bn

    Prima NewsBy Prima NewsAugust 23, 2026No Comments2 Mins Read
    Share Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email Copy Link
    Follow Us
    Google News Flipboard
    Share
    Facebook Twitter LinkedIn Pinterest Email


    The Nigeria Customs Service’s Apapa Area Command has raised its single-day revenue record by almost 40% to N28.1 billion on August 18, 2026 as receipts from Nigeria’s busiest port continue to climb.

    The latest collection represents an increase of about N8 billion from the command’s previous one-day record of N20.1 billion, set in September 2025.

    An Investors King calculation shows that the difference translates to a 39.8% increase, establishing a new high for revenue generated by the command within a 24-hour period.

    The performance comes shortly after Apapa Customs closed July with N323 billion in revenue, indicating that collections at the command have maintained strong momentum into August.

    Apapa occupies a central position in Nigeria’s customs revenue structure because of the scale of commercial cargo passing through the port.

    Historical Nigeria Customs Service data also show the command has consistently ranked as the largest contributor among customs commands.

    In 2025, Apapa generated N2.93 trillion, representing a 24.32% increase from N2.36 trillion in the preceding year.

    The latest daily record therefore builds on a broader expansion in collections rather than an isolated increase.

    The command attributed the improved performance to stronger compliance, greater use of digital processes, trade reforms and intelligence-led enforcement.

    Customs Area Controller Emmanuel Oshoba said the emphasis would remain on increasing government revenue without creating unnecessary obstacles for legitimate trade.

    The challenge for the command is particularly important given Apapa’s dual role as a major revenue collection point and a gateway for businesses importing raw materials, machinery, consumer products and other goods into the country.

    Higher customs collections strengthen federally collected revenue, but efficient cargo processing remains critical for businesses seeking to minimise clearance delays and logistics costs.

    The command said it would continue efforts to improve trade facilitation while strengthening compliance and revenue collection.

    The N28.1 billion generated on August 18 now stands as Apapa Customs’ highest recorded daily collection, exceeding the previous N20.1 billion benchmark by approximately N8 billion.

    With July already producing a record N323 billion monthly collection, the latest performance puts attention on whether the command can sustain the pace through the remainder of 2026.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Prima News
    • Website

    Related Posts

    United Capital Profit Surges 65% To N34.83 Billion As Gross Earnings Hit N62.47 Billion

    October 28, 2026

    Prudential convenes inaugural Partnership Summit to shape the next era of

    October 28, 2026

    Zenith Bank To Host Tech Fair 6.0 On November 5, Focuses On Artificial Intelligence

    October 27, 2026
    Add A Comment
    Leave A Reply Cancel Reply

    Top Trending

    Ukraine: Investigators find Russia committed war crimes by targeting civilians

    By Prima NewsOctober 28, 2026

    Top human rights experts investigating Russia’s full-scale invasion of Ukraine said on Monday…

    Founder Summit: Save up to $100 on your pass

    By Prima NewsOctober 28, 2026

    The final countdown is officially on! In just 7 days, TechCrunch Founder…

    Customs seize N5.8m drugs, hand over to NAFDAC in Sokoto

    By Prima NewsOctober 28, 2026

    The Nigeria Customs Service, Sokoto/Zamfara Area Command, has handed over seized unregistered…

    Latest News

    Ukraine: Investigators find Russia committed war crimes by targeting civilians

    By Prima NewsOctober 28, 2026

    Top human rights experts investigating Russia’s full-scale invasion of Ukraine said on Monday that the Russian…

    Founder Summit: Save up to $100 on your pass

    October 28, 2026

    Customs seize N5.8m drugs, hand over to NAFDAC in Sokoto

    October 28, 2026

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    Facebook X (Twitter) Pinterest Vimeo WhatsApp TikTok Instagram

    News

    • World
    • US Politics
    • EU Politics
    • Business
    • Opinions
    • Connections
    • Science

    Company

    • Information
    • Advertising
    • Classified Ads
    • Contact Info
    • Do Not Sell Data
    • GDPR Policy
    • Media Kits

    Services

    • Subscriptions
    • Customer Support
    • Bulk Packages
    • Newsletters
    • Sponsored News
    • Work With Us

    Subscribe to Updates

    Get the latest news from PRIMA NEWS about politics, art, design and business.

    © 2026 PRIMA NEWS (ISSN: 2251-1237)
    • Privacy Policy
    • Terms
    • Accessibility

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