Ibeto Seaport Command Surpasses Q1 Revenue Target by ₦1.69bn
The Nigeria Customs Service (NCS), Ibeto Seaport and Terminals Command Area 5, has recorded a strong revenue performance in the first quarter of 2026, generating ₦6.23 billion and surpassing its target by ₦1.69 billion.
In an official statement issued on April 2, 2026, by the Command’s Public Relations Officer, Chief Superintendent of Customs Emmanuel Tangwa, on behalf of the Customs Area Controller, Comptroller Usman Yahaya, the Command said the performance reflects improved compliance, operational discipline, and strengthened collaboration with stakeholders within its Area of Responsibility.
The statement noted that the Command exceeded its monthly targets consistently between January and March, demonstrating a steady upward trajectory in revenue generation.
According to the report, in January 2026, the Command generated ₦1,846,128,990.16 against a target of ₦1,512,861,477.02, representing a surplus of ₦333,267,513.14, equivalent to a 22 percent increase.
In February, the Command recorded ₦1,633,663,637.07 against the same monthly target of ₦1,512,861,477.02, exceeding the benchmark by ₦120,802,160.05, representing an eight percent increase.
Revenue rose significantly in March, when the Command generated ₦2,751,263,813.80, surpassing the target by ₦1,238,402,336.78, translating to an 82 percent increase for the month.
Cumulatively, the Command generated ₦6,231,056,441.03 against a quarterly target of ₦4,538,584,431.06, resulting in a surplus of ₦1,692,472,009.97, representing a 37 percent overall increase in the first quarter.
The Command attributed the strong performance to reforms introduced by the Adewale Adeniyi, the Comptroller-General of Customs, as well as strict adherence to directives from Customs Headquarters and the rigorous implementation of extant customs laws guiding revenue collection and trade regulation.
Speaking on the development, Comptroller Usman Yahaya commended officers and stakeholders for their commitment to compliance and operational efficiency.
“This remarkable performance reflects the collective dedication of our officers and the growing cooperation of our stakeholders. With the strategic reforms introduced by the Comptroller-General of Customs, we are witnessing improved compliance and more efficient revenue collection processes,” he said.
He added that the Command would sustain its enforcement drive while facilitating legitimate trade.
“Our focus remains on strengthening compliance, enhancing transparency in our operations, and ensuring that the Command continues to contribute meaningfully to national revenue while facilitating legitimate trade,” Yahaya stated.
The statement further noted that the discipline, dedication, and professionalism exhibited by officers and men of the Command played a critical role in ensuring accurate cargo assessments, proper classification, and diligent revenue collection processes.
It also highlighted improved internal coordination, streamlined operational procedures, and proactive supervision as factors that enhanced cargo clearance efficiency and boosted revenue performance.
In addition, the Command intensified stakeholder engagement through sensitization programmes aimed at strengthening collaboration with importers, clearing agents, and terminal operators.
According to the statement, these engagements improved compliance levels, enhanced awareness of customs procedures, and strengthened transparency between the Service and the trading community.
The statement noted that the Command remains committed to optimising revenue generation while facilitating legitimate trade, adding that the current performance trajectory positions it to surpass subsequent quarterly targets.
