{
  "id": 18997094,
  "title": "Customs revenue hit N1.4tn in September, October",
  "url": "https://urgent.news/2026/11/08/customs-revenue-hit-n1-4tn-in-september-october",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-11-08T19:04:51.000Z",
  "source": {
    "name": "Punch",
    "slug": "punch",
    "url": "https://punchng.com/customs-revenue-hit-n1-4tn-in-september-october/"
  },
  "original_language": "en",
  "account": "The Nigeria Customs Service (NCS) recorded a revenue of N1.4 trillion for the period of September and October 2026, according to a statement released last week during a joint security press briefing. The service processed 9,195 Pre-Arrival Assessment Reports (PAARs) and 99,839 Single Goods Declarations (SGDs) during this two-month period, showing their commitment to improving trade processes through digital interventions and stronger collaborations with stakeholders.\n\nDuring the briefing, NCS National Public Relations Officer Abdullahi Maiwada disclosed that 2,102 PAARs were processed in September and 7,093 in October, while 48,832 and 51,007 SGDs were processed in the same months, respectively. The combined total revenue collection for these months amounted to N1.4 trillion. The service also saw progress in export trade facilitation, with export activities in the third quarter of 2026 generating a total export value of N586 million, reflecting a significant contribution from the export sector.\n\nAdditionally, the NCS continued its enforcement responsibilities, reporting seizures of prohibited and restricted items, including illicit drugs, pharmaceutical products, prohibited goods, and petroleum products. The combined duty-paid value of these seizures exceeded N8.1 billion. The service is also participating in the World Customs Organization Mentoring Mission, a four-week engagement designed to strengthen its capacity to identify, investigate, and address trade-based money laundering and illicit financial activities associated with cross-border trade.",
  "summary": "The Nigeria Customs Service said it had processed 9,195 Pre-Arrival Assessment Reports and 99,839 Single Goods Declarations between September and October 2026, reflecting sustained efforts to… Read More: https://punchng.com/customs-revenue-hit-n1-4tn-in-september-october/",
  "key_points": [
    "Nigeria Customs Service collected N1.4tn in September-October 2026.",
    "Processed 9,195 PAARs and 99,839 SGDs in the period.",
    "Seized illicit items with duty-paid value exceeding N8.1bn."
  ],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}