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Senate approves customs’ N11.07tn 2026 revenue target

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The Senate on Wednesday approved the 2026 budget proposal of the Nigerian Customs Service (NCS), endorsing a revenue target of N11.074 trillion alongside a proposed expenditure of N1.295 trillion for the 2026 fiscal year.

The approval followed the adoption of the report of the Senate Committee on Customs, Excise and Tariffs presented during plenary.

Presenting the report, Isah Jibrin, Chairman of the Committee on Customs, Excise and Tariffs, said the panel scrutinised the Service’s 2025 budget implementation before considering its 2026 estimates.

He disclosed that the NCS exceeded its 2025 revenue target of N6.5 trillion, generating about N7.2 trillion, representing a performance rate of 110.53 per cent.

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Jibrin, however, noted that revenue could have been higher but for several factors, including the suspension of excise duty on telecommunications services, government policies promoting local production of healthcare products, and disruptions to global trade arising from the Russia-Ukraine conflict, which affected imports, especially wheat.

On budget implementation, he said that although the Service had an approved 2025 budget of about N1.132 trillion, actual expenditure stood at N591 billion.

He attributed the low capital budget utilisation to delays in approvals by the Bureau of Public Procurement (BPP) and the Federal Executive Council (FEC), resulting in the rollover of several projects into the 2026 fiscal year.

According to Jibrin, the Service plans to realise its 2026 revenue target through wider deployment of technology, stronger revenue recovery measures, real-time audit systems, improved trade facilitation and more aggressive anti-smuggling operations.

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He further explained that the proposed N1.295 trillion expenditure comprises N421 billion for personnel costs, N307 billion for overheads and N565 billion for capital projects, with the bulk of the funding expected from the statutory four per cent Free on Board (FOB) levy provided under the Nigerian Customs Service Act, 2023.

The committee consequently recommended Senate approval of both the proposed revenue target and expenditure estimates for the 2026 fiscal year.

Contributing to the debate, Senator Barau Jibrin, Deputy Senate President, described the committee’s report as comprehensive and applauded the Comptroller-General of Customs and the entire workforce for their performance.

He said the agency’s impressive revenue generation vindicated President Bola Tinubu’s decision to extend the tenure of the Comptroller-General.

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“You have an entity that budgeted to generate about N6.5 trillion but ended up generating N7.2 trillion. That is a wonderful performance and we cannot commend the Comptroller-General and his team enough.”

Barau also observed that despite the increase in revenue generation, the agency spent only N591 billion in 2025, with a significant proportion directed to capital projects rather than recurrent expenses.

He added that the Service’s projection of generating more than N11 trillion in 2026 reflected confidence in the reforms and innovations introduced by its leadership.

“For an agency to propose generating N11 trillion and spending only N1.2 trillion to run its operations shows remarkable fiscal discipline. This is an institution Nigerians should be proud of.”

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According to him, the budget structure, which allocates more resources to capital projects than overhead costs, demonstrates prudent financial management that is uncommon in many public institutions.

Following the committee’s recommendations, Godswill Akpabio, Senate President, put the proposals to a voice vote, with lawmakers unanimously approving both the revenue target and expenditure estimates.

Akpabio commended the Senate Committee on Customs, Excise and Tariffs for its detailed examination of the budget proposal and congratulated the leadership of the Nigerian Customs Service on its performance.

He also appreciated senators for their contributions, expressing optimism that the approved budget would strengthen the operations of the Service and boost revenue generation for the Federal Government.

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WATCH: This is Remodelled Abuja City Gate

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Remodelled Abuja City gate will be unveiled today.

#ProjectsFCT2026
#FCT31DaysCommissioning

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Court orders EFCC to pay N10m fine for defaming ex-Power Minister, Agunloye

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A High Court of the Federal Capital Territory (FCT) sitting at Maitama has ordered the Economic and Financial Crimes Commission (EFCC) to pay a fine of N10million for defaming a former Minister of Power, Dr. Olu Agunloye, through a libelous publication on its social media handles.

The court, in a judgment delivered by Justice Peter Kekemeke, found that the anti-graft agency damaged the claimant’s reputation.

Agunloye, in a N10billion defamation claim he filed before the court, insisted that the publication the EFCC carried on its website and X (formerly Twitter) handle, titled: “EFCC arraigns Agunloye over $6billion fraud,” tarnished his image and occasioned reputational damage against him.

In the writ of summons marked FCT/HC/CV/1199/2024, which he filed through his team of lawyers led by Mr. Adeola Adedipe, SAN, he claimed that the agency dented his good name and dragged his integrity into the mud.

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He told the court that the commission accused him of being a corrupt and fraudulent individual through the defamatory post it shared on its official website and other allied online platforms.

He prayed the court to declare that the post was false and defamatory.

Besides, he sought an order for EFCC to retract the publication against him and tender an unreserved apology.

He equally sought the award of N1billion to him as general and exemplary damages.

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Delivering judgment in the matter on Wednesday, Justice Kekemeke held that the publication the claimant complained about had all the ingredients of defamation.

He held that the publication made by the EFCC was in permanent form with the name of the claimant mentioned.

The court further held that EFCC’s sole witness in the case, an Assistant Commissioner of Police, Umar Hussain Babangida, despite initially denying knowledge of the said publication, later admitted that it was from the defendant’s media department.

According to the judge, the case did not challenge EFCC’s power to investigate economic and financial crimes as claimed by the defendant.

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He noted that having gone through the charge in the criminal case against the claimant before the Apo Division of the FCT High Court, there is nowhere in it that alleges fraud, contrary to the EFCC’s publication.

The court added that the issue of fraud is not in any of the exhibits tendered before it in the course of hearing the case, as stated in what it described as a “sensational headline” in the publication.

The judge held that EFCC failed to prove the truth of the said publication.

Stressing that the EFCC is not a news outlet but an investigative agency, Justice Kekemeke held that the commission knew that Agunloye was not involved in a fraud of $6billion.

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The court held that the claimant successfully proved that the publication against him was accentuated by malice, and resolved issues one and two in favour of the former minister.

The court declared that the contentious publication on EFCC’s official website and X handle was false and defamatory.

It ordered the commission to retract the publication and offer a public apology to the claimant on its website and in two other national dailies.

The court further issued an order of perpetual injunction restraining EFCC from defaming the former minister.

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Meantime, reacting to the judgment on Wednesday, counsel for EFCC, Dr. Wahab Shittu, SAN, said the commission would file an appeal to challenge it.

Shittu, SAN, contended that the case was premature, as the claimant’s criminal charge had yet to be concluded and judgment delivered.

“Though the court has delivered its judgment, we are definitely going to appeal the court’s decision,” he added.

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Defence minister orders troops to shoot bandits on sight

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Christopher Musa, minister of defence, has ordered security personnel deployed to combat banditry and terrorism to take immediate action against armed criminals.

He warned that any operative who fails to engage bandits or terrorists under the guise of awaiting orders would be regarded as an accomplice.

Musa issued the directive on Wednesday in Sokoto during the commissioning of 62 operational vehicles and security equipment valued at N27.127 billion, procured by the Sokoto State government to strengthen security operations across the state.

Addressing troops and other security personnel, the defence minister stressed that operatives already deployed to conflict zones have the authority to confront armed criminals without waiting for further directives.

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“Once you are deployed, do not wait for any order from anybody to shoot any bandit or any terrorist.

“Anybody who refuses to shoot or kill any bandit or terrorist in the name of waiting for an order, we will treat you like a bandit,” Musa said.

His remarks come amid renewed efforts by the federal government to intensify military operations against armed bandits and terrorist groups operating across the North-West and other parts of the country.

Musa described the commissioning of the security assets as more than the unveiling of equipment, saying it reflected strategic leadership and a shared commitment to strengthening Nigeria’s security architecture.

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“This event is not merely the unveiling of security assets. It is a demonstration of strategic leadership, responsible governance and our collective determination to strengthen the security architecture of Sokoto State and Nigeria as a whole,” he said.

The minister commended Ahmed Aliyu, the governor, for sustaining logistical support to security agencies, describing the governor’s investment in security as a model worthy of emulation.

Identifying himself as “a proud son of Sokoto”, Musa said the state had remained relatively peaceful because of strong collaboration among the government, security agencies and local communities.

He noted that the newly commissioned armoured vehicles and tactical equipment would enhance operational mobility, intelligence gathering and force protection in the ongoing campaign against banditry, terrorism and kidnapping.

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The defence minister also urged security agencies to ensure proper maintenance and effective deployment of the newly acquired assets.

“This equipment costs billions of naira. We don’t want to hand them over and then you throw them away or mishandle them. They must serve the purpose for which they were procured,” he said.

While calling for decisive action against criminal groups, Musa reminded security personnel to uphold professionalism and respect the rights of law-abiding citizens.

“You are not to go there and extort or harass the people. You are there to protect them and work with them to eliminate bandits and terrorists operating within your area,” he added.

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Earlier, Aliyu said the latest procurement formed part of his administration’s sustained investment in improving security since assuming office.

According to him, the state purchased bulletproof vehicles, Buffalo Armoured Personnel Carriers (APCs), 320 motorcycles, 3,200 security gadgets, 2,000 bulletproof helmets and protective vests, 200 night-vision goggles, thermal devices and other tactical equipment.

“In all, we are distributing 62 vehicles and the security equipment highlighted above. These vehicles and security equipment cost the Sokoto State Government N27.127 billion,” the governor said.

Aliyu disclosed that his administration had already committed more than N36 billion to security interventions, including the construction of military and police barracks, procurement of operational vehicles and motorcycles, establishment of the Sokoto State Community Guard Corps and support for the Nigerian Air Force Base in the state.

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The governor also revealed that his administration had transmitted a bill to the Sokoto State House of Assembly seeking tougher penalties for informants who aid bandits and other criminal elements.

“The bill is currently before the State House of Assembly, and once it is passed, we will sign it without any further delay,” he said.

He further announced the approval of a Command and Control Centre aimed at strengthening surveillance, intelligence sharing and coordination of security operations across Sokoto.

Aliyu appealed to residents to continue providing credible intelligence to security agencies, stressing that defeating insecurity requires active collaboration between the government, security forces and the public.

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“Security is a collective responsibility, and together we shall overcome every security challenge confronting our state,” he said.

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