Finance Minister Announces Recruitment of 3,927 Nigeria Customs Personnel
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has approved the recruitment of 3,927 new personnel for the Nigeria Customs Service (NCS) during the 2024/2025 period.
The announcement, made during the 61st meeting of the NCS Board in Lagos, aims to address staffing gaps and enhance the operational efficiency of the customs agency.
Revenue Generation Milestone
At the meeting, Edun commended the NCS for generating approximately ₦15 trillion in revenue by September 2024. He attributed this achievement to the economic reforms implemented by President Bola Tinubu’s administration, which have bolstered financial stability and enhanced revenue collection mechanisms.
The revenue generated by the NCS has become a vital source of funding for social and infrastructural development. As part of the ₦48 trillion “budget of restoration” for 2025, the government is targeting ₦35 trillion in revenue, with the remaining funds to be sourced through loans and grants.
Key Highlights from the Minister’s Address
- Operational Efficiency: The recruitment of additional customs personnel is expected to further enhance the agency’s ability to meet its operational and revenue targets.
- Economic Growth: Minister Edun lauded the NCS leadership, including Comptroller General Bashir Adewale Adeniyi, for their contributions to Nigeria’s fiscal consolidation strategy.
- Sustainable Development: The NCS’s performance is regarded as integral to achieving macroeconomic stability and long-term development goals.
Looking Ahead
The government’s emphasis on strengthening institutions like the NCS underscores its commitment to economic reform and fiscal responsibility. With the targeted revenue goals for 2025, the recruitment of new personnel, and continued policy reforms, the NCS is poised to play a crucial role in Nigeria’s economic transformation.