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🇳🇬 Nigeria /Economy & Trade

Nigeria Senate Approves N11 Trillion Customs Budget, Backs E-Health Bill

From ThisDay · () English

Translated from English, summarized and contextualized by DistantNews.

At a glance

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  • The Nigerian Senate approved an N11.074 trillion revenue target for the Nigeria Customs Service (NCS) for 2026, alongside an N1.295 trillion expenditure proposal.
  • The Senate also advanced a bill to establish a legal framework for electronic healthcare services and confirmed a nominee for the NDDC board.
  • The NCS exceeded its 2025 revenue target, generating N7.2 trillion against a N6.5 trillion goal, though budget implementation for expenditures was lower than planned.

Nigeria's Senate has set an ambitious revenue target of N11.074 trillion for the Nigeria Customs Service (NCS) in 2026. This decision follows the NCS's strong performance in 2025, where it generated N7.2 trillion, surpassing its N6.5 trillion target by over 10%. The Senate also approved an expenditure proposal of N1.295 trillion for the customs service for the upcoming fiscal year.

although the service was assigned a revenue target of N6.5 trillion for 2025, it generated N7.2 trillion, representing about 110.5 per cent of its target.

— Isah JibrinThe chairman of the Senate Committee on Customs, Excise, and Tariffs presented the report on the NCS's performance.

The legislative body also took a significant step towards modernizing healthcare by passing a bill for the Second Reading that aims to create a legal framework for electronic health services nationwide. This proposed National E-Health Bill seeks to regulate and integrate digital health solutions. Additionally, the Senate confirmed Dr. Zainab Marwa for the Niger Delta Development Commission (NDDC) board and began screening Mr. Lamido Yuguda Abubakar for the chairmanship of the Asset Management Corporation of Nigeria (AMCON).

the agency’s revenue performance could have been even stronger but for fiscal policy measures introduced to encourage local production, as well as disruptions in global trade arising from the Russia-Ukraine conflict, which affected imports, including wheat.

— Isah JibrinThe committee chairman explained factors that influenced the NCS's revenue generation.

Despite the strong revenue generation, the NCS's expenditure implementation for 2025 was lower than anticipated, with only N591 billion spent out of an approved N1.132 trillion. The committee attributed this to delays in obtaining approvals from various government agencies. The NCS plans to achieve its 2026 revenue target through enhanced technology deployment, improved recovery mechanisms, and better trade facilitation. The approved expenditure for 2026 includes allocations for personnel, overheads, and capital projects, with a significant portion earmarked for completing the NCS headquarters.

while the customs service had an approved expenditure of N1.132 trillion for 2025, it spent about N591 billion during the period.

— Isah JibrinThe committee chairman detailed the budget implementation for the NCS in 2025.
DistantNews Editorial

Originally published by ThisDay in English. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.

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