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China ready to help Nigeria overcome poverty- Chinese Envoy

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Customs surpasses Q1 target, tackles smuggling, boosts trade facilitation measures This is cherry news for those in power, as the Nigeria Customs Service (NCS) announced that it raked in a princely sum of ₦1.75 trillion in revenue during the first quarter of 2025. This figure, according to NCS, surpassed its quarterly target by ₦106.5 billion and marking a 29.96 per cent increase over Q1 2024. The Comptroller-General of Customs, Adewale Adeniyi, disclosed this on Tuesday, 22 April 2025, at a press briefing held at the Service Headquarters in Abuja. “These results substantiate our effective measures to curb revenue losses while streamlining compliant trade,” Adeniyi stated. “The 29.96 per cent annual increase and steady monthly collections confirm our strategy is working.” According to the CGC, January recorded the highest monthly collection at ₦647.88 billion, exceeding its target by 18.12 per cent and reflecting a 65.77 per cent increase compared to last year. February and March also recorded impressive performances, surpassing their targets and continuing the positive trend. In enforcement, the Service made 298 seizures worth ₦7.7 billion in Duty Paid Value (DPV). Items seized included 135,474 bags of rice, 65,819 litres of petroleum products, ₦730 million worth of narcotics, and wildlife products with a DPV of ₦5.6 billion. “From rice to wildlife, these seizures demonstrate our targeted approach,” the CGC said. “We remain committed to refining our enforcement strategies through intelligence-led operations, technological advancement, and strengthened inter-agency cooperation.” The Service also processed 327,928 import declarations—a 5.28 per cent increase over Q1 2024—representing goods with a total mass of nearly five billion kilograms and a CIF value of ₦14.8 trillion. Though export declarations decreased, export volumes surged by 348 per cent, indicating a shift towards bulk shipments. “This data clearly suggests Nigeria’s accelerating move towards bulk commodity exports,” Adeniyi noted, “while maintaining consistent total export value—reflecting both changing trade patterns and improved processing efficiency.” Highlighting key modernisation milestones, the CGC announced the continued roll-out of the locally developed B’Odogwu customs clearance platform and the launch of the Authorised Economic Operators (AEO) Programme, which provides expedited processing and reduced inspections for compliant traders. The Service also launched its Corporate Social Responsibility initiative, Customs Cares, supporting education, healthcare, and social welfare in communities nationwide. “Customs Cares represents a structured, scalable approach to community development—transforming corporate responsibility into tangible improvements,” the Customs Boss said. On food security, the CGC highlighted the Service’s role in implementing duty waivers on key staples, contributing to lower food prices nationwide. “This combination of current and past exemptions helps explain the steady improvement in food affordability. The benefits of duty relief emerge gradually but accumulate to make food more affordable,” he stated. Despite these achievements, challenges remain. The CGC pointed to exchange rate volatility, 62 recorded changes during the quarter, and ongoing non-compliance issues, particularly smuggling. “We continue to adapt our strategies to combat increasingly sophisticated smuggling networks,” he said. Looking ahead, the CGC reaffirmed the Service’s strategic focus on modernisation and enhanced service delivery. “We’re not just collecting figures—we’re shaping the future of trade and security in Nigeria,” he concluded. “The numbers show we’re delivering.”

The Ambassador of the People’s Republic of China to Nigeria, Cui Jianchun has disclosed that his country is ready to assist Nigeria overcome poverty.

This is as the envoy stressed the need for the country to invest in human capital development and in the critical sectors of the economy.

Jianchun spoke in Abuja at the closing ceremony of the Nigeria-China Cultural week and award ceremony, part of the activities led io to observe the October 1 National Day of both countries.

He explained that China eradicated extreme poverty in February 2021 through good leadership dedicated to sustained policies that revamped the Chinese economic  from its backward state  to a modern economy with a GDP of $15.7 trillion  in a period between 1952 and 2020.

“I would like to share with you that we can do this together because Poverty elimination, reduction or eradication really needs leadership and that has been shown that the Chinese President had the strong will.

“How can we achieve this difficult target? We can see that a lot of project policies are in place.

“The most important aspect is that we mobilize the whole society to work together to eradicate poverty from rural areas.

“I think there is a need for the two countries to work on this poverty eradication.  “I think this is a very meaningful thing not only for Nigerian people but also for the international community,” he said.

As China celebrates its 72 independence anniversary, the envoy also stressed that the Belt and Road Initiative were predicated on mobilizing the people behind a collective will to work together and achieve a goal.

He noted that as part of the robust 50-year-old bilateral relations with Nigeria, China can assist in replicating its successes in Nigeria by sending young Nigerians to China to understudy the system, get the experience and impact on the Nigerian system.

On the award, the Ambassador said the photography and video contest, put together by the Embassy, is also to create a platform to celebrate the excellent cultural relations between both countries.

Speaking at the occasion, the Director-General, National Council for Arts and Culture (NCAC),  Otunba Segun Runsewe, posited that Nigeria has a lot to learn from China.

He also assured the Chinese ambassador that Nigeria will build a Cultural village during the 2022 Olympics in Beijing to celebrate  and strengthen the cultural ties.

He also commended Jianchun for his efforts in strengthening the Nigeria-China ties with so many strategies and commitments.

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Customs surpasses Q1 target, tackles smuggling, boosts trade facilitation measures This is cherry news for those in power, as the Nigeria Customs Service (NCS) announced that it raked in a princely sum of ₦1.75 trillion in revenue during the first quarter of 2025. This figure, according to NCS, surpassed its quarterly target by ₦106.5 billion and marking a 29.96 per cent increase over Q1 2024. The Comptroller-General of Customs, Adewale Adeniyi, disclosed this on Tuesday, 22 April 2025, at a press briefing held at the Service Headquarters in Abuja. “These results substantiate our effective measures to curb revenue losses while streamlining compliant trade,” Adeniyi stated. “The 29.96 per cent annual increase and steady monthly collections confirm our strategy is working.” According to the CGC, January recorded the highest monthly collection at ₦647.88 billion, exceeding its target by 18.12 per cent and reflecting a 65.77 per cent increase compared to last year. February and March also recorded impressive performances, surpassing their targets and continuing the positive trend. In enforcement, the Service made 298 seizures worth ₦7.7 billion in Duty Paid Value (DPV). Items seized included 135,474 bags of rice, 65,819 litres of petroleum products, ₦730 million worth of narcotics, and wildlife products with a DPV of ₦5.6 billion. “From rice to wildlife, these seizures demonstrate our targeted approach,” the CGC said. “We remain committed to refining our enforcement strategies through intelligence-led operations, technological advancement, and strengthened inter-agency cooperation.” The Service also processed 327,928 import declarations—a 5.28 per cent increase over Q1 2024—representing goods with a total mass of nearly five billion kilograms and a CIF value of ₦14.8 trillion. Though export declarations decreased, export volumes surged by 348 per cent, indicating a shift towards bulk shipments. “This data clearly suggests Nigeria’s accelerating move towards bulk commodity exports,” Adeniyi noted, “while maintaining consistent total export value—reflecting both changing trade patterns and improved processing efficiency.” Highlighting key modernisation milestones, the CGC announced the continued roll-out of the locally developed B’Odogwu customs clearance platform and the launch of the Authorised Economic Operators (AEO) Programme, which provides expedited processing and reduced inspections for compliant traders. The Service also launched its Corporate Social Responsibility initiative, Customs Cares, supporting education, healthcare, and social welfare in communities nationwide. “Customs Cares represents a structured, scalable approach to community development—transforming corporate responsibility into tangible improvements,” the Customs Boss said. On food security, the CGC highlighted the Service’s role in implementing duty waivers on key staples, contributing to lower food prices nationwide. “This combination of current and past exemptions helps explain the steady improvement in food affordability. The benefits of duty relief emerge gradually but accumulate to make food more affordable,” he stated. Despite these achievements, challenges remain. The CGC pointed to exchange rate volatility, 62 recorded changes during the quarter, and ongoing non-compliance issues, particularly smuggling. “We continue to adapt our strategies to combat increasingly sophisticated smuggling networks,” he said. Looking ahead, the CGC reaffirmed the Service’s strategic focus on modernisation and enhanced service delivery. “We’re not just collecting figures—we’re shaping the future of trade and security in Nigeria,” he concluded. “The numbers show we’re delivering.”