Customs Contribution Crucial for Actualising Proposed Nigeria's ₦48 Trillion 2025 Budget - Wale Edun
As the federal government sets a ₦48 trillion expenditure target for 2025, the Nigeria Customs Service (NCS) has been commended for its pivotal role in boosting Nigeria's economic recovery, This was highlighted by the Minister of Finance, Mr Olawale Edun, during the 61st quarterly board meeting of the agency held on Wednesday, 18 December, at the Customs House, Maitama, Abuja. The meeting followed President Bola Ahmed Tinubu's presentation of the 2025 budget to the National Assembly, tagged "A Budget of Restoration". The budget projects ₦35 trillion in revenue, with the NCS expected to play a critical role. Speaking further on the NCS’s performance, the minister disclosed that the agency had generated over ₦5 trillion by November 2024. “The NCS and other revenue bodies have performed remarkably well,” he said, linking the success to reforms introduced by President Tinubu. The Honourable Minister further revealed that the government plans to secure concessionary loans...