Nigeria’s customs authority has collected N3.35 trillion in revenue during the first five months of 2026, according to a report by Nairametrics.
The figure underscores the continued reliance on border collections to support federal coffers, even as inflationary pressures mount across key consumer goods.
A June survey indicated that 26 items saw price increases in Lagos, with titus fish jumping 93%.
The revenue data arrives alongside a sharp deterioration in local food prices.
A June survey indicated that 26 items saw price increases in Lagos, with titus fish jumping 93%.
The surge in staple costs highlights the disconnect between customs inflows and household purchasing power, as import-dependent goods become increasingly unaffordable for consumers.
Context from recent enforcement actions suggests the revenue is bolstered by aggressive anti-smuggling operations.