Customs Service AEO Programme Generates ₦1.585trn Revenue

By Oluwakemi Kindness

The Nigeria Customs Service (NCS) has announced a major revenue milestone under its Authorised Economic Operator (AEO) Programme, recording ₦1.585 trillion in revenue from certified operators.

Customs spokesperson Abdullahi Maiwada who disclosed in a statement on Thursday says the figure represents an increase of ₦362.79 billion (29.68%) for the 51 certified operators as of 27 October 2025.

The programme accounted for 21.77% of the Service’s total 2025 revenue of ₦7.281 trillion, while customs duties paid rose by 85.66%, indicating stronger compliance and increased volumes of legitimate trade.

Compliance and Performance

According to the NCS AEO Monitoring and Evaluation Report, the programme recorded an average compliance rate of 85.45%, with some top-performing companies achieving 100% compliance.

The evaluation followed global standards set by the World Customs Organization SAFE Framework and the provisions of the Nigeria Customs Service Act 2023, ensuring transparency and objectivity.

Trade Facilitation Gains

The AEO Programme also delivered measurable improvements in trade efficiency:

• Cargo clearance time: Reduced from 168 hours to 41 hours (75.6% drop)
• Operating costs: Reduced by 57.2%
• Demurrage payments: Reduced by 90%
• Trade efficiency: Increased by 77.11% through digitalisation and simplified procedures

Companies Commended for Compliance

The Service praised several companies for voluntary compliance, including:
• Coleman Technical Industries
• WACOT Rice
• ROMSON Oil Field Services
• Chi Farms
• CORMART Nigeria
• PZ Cussons Nigeria
• Nigerian Bottling Company
• MTN Nigeria

These firms collectively remitted over ₦1 billion into the Federation Account through self-initiated payments, reflecting growing transparency within the trading community.

Sanctions for Non-Compliance

Despite the gains, the Service reported a compliance breach by a recently certified AEO company that submitted false consignment declarations.

The Comptroller-General of Customs, Adewale Adeniyi, ordered the immediate suspension of the company’s AEO certification in line with programme guidelines and relevant provisions of the Customs Act.

Commitment to Trade Integrity

The NCS reiterated that the AEO Programme is built on trust, transparency, and continuous compliance. While compliant operators will continue to enjoy expedited clearance and fewer inspections, violations will attract strict sanctions.

The Service reaffirmed its commitment to protecting national revenue, facilitating legitimate trade, and maintaining Nigeria’s credibility in global customs operations.