ADVERTISEMENT
  • Africa
  • World
  • Our Shows
    • Entrepreneurship
    • Destination Business
    • 101business TV Show
Business 360 News
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
Business 360 News
No Result
View All Result
Home Business news

KLT Customs Records Revenue Surge Under Acting Controller Adigun

Victoria Emeto by Victoria Emeto
February 9, 2026
in Business news, Maritime
0
KLT Customs Records Revenue Surge Under Acting Controller Adigun

The Kirikiri Lighter Terminal (KLT) Command of the Nigeria Customs Service has recorded a significant increase in revenue following the assumption of office by Deputy Comptroller Bolaji Adigun as Acting Customs Area Controller late last year.

Since taking charge, Adigun has introduced stricter operational discipline, strengthened enforcement and enhanced trade compliance measures, resulting in what officers describe as all-time high revenue collections for the command.

Adigun, who previously served as Deputy Comptroller of Revenue at the Port Harcourt Area II Command, Onne, is credited with plugging revenue leakages and improving duty assessment processes. At KLT, his strategy has focused on tightening controls while ensuring that legitimate trade is facilitated.

“The command is recording higher revenue because processes are now more disciplined and compliance-driven,” a senior officer said. “Loopholes are being closed and officers are more accountable.”

Beyond revenue generation, Adigun has reinforced enforcement operations through intelligence-led strategies aimed at curbing smuggling and illicit trade. He has consistently stressed that revenue growth must go hand in hand with compliance.

“We cannot allow revenue gains to be eroded by non-compliance,” Adigun said during a recent briefing, emphasising the need to balance enforcement with efficient trade facilitation.

Stakeholders say the impact of the reforms is already noticeable. A freight forwarder operating at the terminal noted that although enforcement has become tighter, clearance procedures are now smoother.

“There is more structure now. The balance between control and facilitation is improving,” he said.

Adigun has also prioritised engagement with port operators, freight forwarders, clearing agents and sister agencies to improve operational efficiency at the command. According to him, effective customs administration must be built on collaboration as well as regulation.

“Customs is not just about enforcement; it is about collaboration with port operators, freight forwarders and other agencies to build a system that works,” he said.

Despite the gains recorded, structural challenges persist. KLT currently relies largely on cargo diversions from Apapa and Tin Can Island ports, a situation that limits its growth potential. Clearing agents have therefore called on the Customs leadership to attract direct vessel calls to the terminal.

“We cannot continue to depend on goodwill diversions,” a stakeholder said. “Direct vessel calls to KLT will reduce pressure on Apapa and Tin Can ports and give importers more options.”

Adigun has acknowledged the concern and disclosed that efforts are ongoing to increase direct vessel traffic to the command. He is also reviewing infrastructure requirements, as growing cargo volumes are placing pressure on existing facilities.

“Sufficient space, better equipment and smarter processes are required to match revenue growth with operational excellence,” he told stakeholders, adding that the Comptroller-General of Customs’ administration is exploring expansion and modernisation options.

Officers at the command say staff morale has improved under the new leadership, driven by clearer targets and stronger accountability.

“Revenue has gone up, enforcement is stronger and everyone is more alert,” a junior officer said.

Stakeholders have also described Adigun’s appointment as timely and strategic. A freight forwarder referred to him as “a round peg in a round hole,” noting that the ongoing reforms are giving the Kirikiri Lighter Terminal Command a stronger operational identity.

Adigun’s approach aligns with the Comptroller-General of Customs’ broader modernisation agenda, which prioritises efficiency, transparency and revenue optimisation across the service.

Tags: #KirikiriTerminal#MaritimeTrade#NigeriaCustoms#RevenueGrowth
Previous Post

FG Approves Reopening of Tsamiya Border for Trans-Border Trade

Next Post

LG Showcases AI-Powered Home Solutions for MEA at InnoFest 2026 in Abu Dhabi

Victoria Emeto

Victoria Emeto

Next Post
LG Showcases AI-Powered Home Solutions for MEA at InnoFest 2026 in Abu Dhabi

LG Showcases AI-Powered Home Solutions for MEA at InnoFest 2026 in Abu Dhabi

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FMDQ Exchange Admits Flour Mills of Nigeria’s ₦30.00bn Commercial Paper Notes

FMDQ Admits TSL SPV PLC ₦12.00 billion Series 1 Guaranteed Fixed Rate Infrastructure Bond to its Platform

March 11, 2021
NCAC inaugurates Creative Industry Sub-Committees

NCAC inaugurates Creative Industry Sub-Committees

September 20, 2020
#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

October 21, 2020
SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

September 21, 2020
‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

25
Goldlink’s restructures board

Goldlink’s restructures board

10
Airtel Africa Plc gets admitted to the NSE Main Board

Airtel Africa Plc gets admitted to the NSE Main Board

6
Stallion Tank Farm resumes operations

Stallion Tank Farm resumes operations

3
Ecobank Reports 28% Spike in Impairment Charges Amid 29% Profit Growth in 2025

Ecobank Reports 28% Spike in Impairment Charges Amid 29% Profit Growth in 2025

February 9, 2026
Ivory Coast Cuts Minimum Farmgate Price for Cashew Nuts Amid Global Market Downturn

Ivory Coast Cuts Minimum Farmgate Price for Cashew Nuts Amid Global Market Downturn

February 9, 2026
Kibali Gold Mine Reports Declining Output in 2025 Despite Soaring Prices

Kibali Gold Mine Reports Declining Output in 2025 Despite Soaring Prices

February 9, 2026
PenCom Licenses Awabah as First Accredited Pension Agent for Personal Pension Plan

PenCom Licenses Awabah as First Accredited Pension Agent for Personal Pension Plan

February 9, 2026
Business 360 News

Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.

Follow Us

Browse by Category

  • Africa
  • Agribusiness
  • Agriculture
  • AI
  • Art
  • Arts
  • Aviation
  • Banking
  • Blockchain
  • Business 360 Weekly
  • Business news
  • Business Travels
  • Capital Market
  • CHINA
  • Corporate
  • Cryptocurrency
  • Destination Business
  • East Africa
  • Economy
  • Education
  • Electric Vehicles
  • Electricty
  • Energy
  • Entertainment
  • Entertainment
  • Entrepreneurship
  • EV
  • Fashion
  • Fashion
  • Feature
  • Finance
  • Gas
  • Global Economy
  • Health
  • Hospitality
  • ICT
  • Insurance
  • IoT
  • Japan
  • Lifestyle
  • Luxury
  • Maritime
  • Meetings
  • Mortgage
  • News
  • NGOs
  • Oil
  • Petrol
  • Political Economy
  • politics
  • Real Estate
  • Real Estate
  • SMEs
  • Society
  • Solar Energy
  • South Africa
  • Sports
  • Start-Ups
  • Stocks
  • Success Stories
  • Tax
  • Tech
  • Tourism
  • Transportation
  • UK
  • Uncategorized
  • US
  • World

Recent News

Ecobank Reports 28% Spike in Impairment Charges Amid 29% Profit Growth in 2025

Ecobank Reports 28% Spike in Impairment Charges Amid 29% Profit Growth in 2025

February 9, 2026
Ivory Coast Cuts Minimum Farmgate Price for Cashew Nuts Amid Global Market Downturn

Ivory Coast Cuts Minimum Farmgate Price for Cashew Nuts Amid Global Market Downturn

February 9, 2026
  • Africa
  • World
  • Our Shows

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!

No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!