Seme Customs records N3.48bn revenue amid improved trade, security

Business Pointers

By Seun Ibiyemi

The Seme Area Command of Nigeria Customs Service has announced a remarkable revenue haul of N3,480,970,924.67 for February 2026, even as the month remains ongoing, signaling significant growth in cross-border trade along the Lagos–Abidjan corridor.

Comptroller Wale Adenuga, Customs Area Controller (CAC), disclosed this during a stakeholders’ engagement meeting with cross-border traders, farmers, and industry players held on Wednesday, 25 February 2026, in Badagry.Customs begins sensitisation on full automation of licences, permits processes

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

Highlighting the performance, Adenuga said, “For this February that has not yet ended, we have already generated N3.48 billion as against N743.7 million in February 2025.

This clearly shows that trade flow is improving and people are building greater confidence in the Seme–Krake corridor.”

He attributed the revenue surge to seamless trade facilitation processes and the reduction of checkpoints along the Seme–Gbaji axis, emphasizing that only Agbara and Gbaji remain officially sanctioned Customs checkpoints.Apapa Customs, Navy strengthen collaboration to boost maritime security and trade

Adenuga noted that collaborative monthly border security meetings with other agencies have strengthened intelligence sharing, reduced crime rates, and created a safer environment for traders.

Beyond revenue, the Command continues to clamp down on illicit activities. In February alone, the Command intercepted a Toyota Highlander carrying 22 packages of cocaine with an estimated street value exceeding N1 billion and seized 1,000 bags of 50kg parboiled rice, reflecting sustained efforts to curb smuggling and protect Nigeria’s economic borders.

Adenuga reassured stakeholders that Customs operatives will continue working closely with traders, farmers, sister security agencies, and regional partners to maintain momentum in trade and security along the corridor.

The announcement marks a significant year-on-year improvement, with revenue up nearly 368 per cent compared to February 2025, and reinforces Seme Command’s role in facilitating legitimate trade while safeguarding national borders.

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