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  • REVENUE SURGE: SEME COMMAND HITS ₦3.48BN AS TRADE CONFIDENCE SOARS
  • Economy

REVENUE SURGE: SEME COMMAND HITS ₦3.48BN AS TRADE CONFIDENCE SOARS

Admin March 1, 2026 2 minutes read
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The Nigeria Customs Service (NCS), Seme Area Command, has recorded a major boost in revenue performance, generating ₦3,480,970,924.67 in February 2026 — a development seen as a strong indicator of growing trade confidence along the Seme–Krake corridor.

The Customs Area Controller (CAC), Seme Area Command, Comptroller Wale Adenuga, disclosed this while representing the Comptroller-General of Customs, Adewale Adeniyi, at an interactive stakeholders’ engagement with cross-border traders, farmers and industry players in Badagry on Wednesday, February 25, 2026.

The meeting, organised by the Nigerian Shippers’ Council in collaboration with the ECOWAS Commission, the ECOWAS Agricultural Trade Programme and GIZ International, was themed “Empowering Cross-Border Traders through Trade Information Desk for Agricultural Traders.”

Adenuga said the February 2026 figure marks a remarkable improvement over the ₦743,698,652.16 generated in February 2025, attributing the surge to seamless trade facilitation measures implemented by the Command.

“For this February that has not yet ended, we have already generated ₦3,480,970,924.67 as against ₦743,698,652.16 revenue generated in February 2025. This clearly shows that the flow of trade is getting better and people are building greater confidence in the Seme–Krake corridor,” he stated.

The CAC also revealed that the significant reduction in checkpoints along the Seme–Gbaji axis followed sustained collaboration with other security agencies operating within the corridor. He clarified that only Agbara and Gbaji remain the officially approved and sanctioned Customs checkpoints along the Lagos–Abidjan corridor.

According to him, the noticeable decline in crime along the axis is a direct outcome of monthly joint border security meetings involving all agencies at the border post, which have strengthened inter-agency cooperation, improved intelligence sharing and enhanced operational responses to security threats.

While celebrating the revenue performance, Adenuga stressed that enforcement against illicit trade remains uncompromising.

He reaffirmed the vigilance and commitment of officers of the Seme Area Command to work closely with stakeholders, traders, farmers, sister security agencies and regional partners to sustain the momentum of legitimate trade while safeguarding Nigeria’s economic borders along the Lagos–Abidjan corridor.

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