Nigeria's customs service collected 722.9bn naira (€478mn) in October, up from 697.8bn naira (€462mn) in September, spokesman Abdullahi Maiwada said at a security briefing in Abuja on November 5. Exports processed through the service's Lilypond export command in Lagos were worth $752.8mn in the third quarter, 22.14% more than a year earlier. Manufactured goods accounted for $402.5mn and farm produce for $311mn, he said, as reported by Nairametrics.
Analysis: The annual export increase masks a second consecutive quarterly fall. Lilypond's third-quarter total was about 5% below the second quarter's $792.6mn, which had itself fallen from $925.8mn in the first, by our calculation from the command's earlier briefings reported by Nairametrics. Revenue grew more slowly than exports over the year. September's collection was about 6% above the 658.6bn naira (€436mn) reported for September 2025. The service gave no July or August figures, so progress toward its 11.074tn naira (€7.33bn) target for 2026 cannot be measured. The statistics bureau NBS has not published a date for third-quarter trade data.
Source: Nigeria Customs Service, Nigeria Customs Service briefing (spokesman Abdullahi Maiwada, Abuja, November 5, 2026), as reported by Nairametrics, October 2026; Nigeria Customs Service, Nigeria Customs Service briefing, November 5, 2026, as reported by Leadership, September 2026; Nigeria Customs Service, Nigeria Customs Service briefing, November 5, 2026, as reported by Nairametrics, Q3 2026; Ships & Ports Communication Company, Ships & Ports report on Customs September 2025 revenue (October 15, 2025), September 2025; Nigeria Customs Service, Nairametrics report, November 5, 2026 (citing its August 2026 report), 2026; Nigeria Customs Service, Nairametrics, Lilypond customs export value falls 14.4% to $792.6 million in Q2 2026, Q2 2026 and Q1 2026