Export Volume Surges at Lilypond Command with 95.58% Container Growth
Victoria Silvanus
The Controller of Nigeria Customs, Lilypond Export Command (LEXC), Comptroller S.O. Ariyibi, has announced a strong performance for the Command in the first quarter of 2026, with export activities showing significant growth compared to the same period in 2025.
The announcement was made during a press briefing held on April 23, 2026, at the Command in Ijora, Lagos.
Addressing members of the press, the Controller emphasized the importance of exports to Nigeria’s economy, noting that export trade remains a critical driver of foreign exchange earnings, economic diversification, and GDP growth. He stressed that while crude oil continues to dominate, non-oil exports—particularly agricultural produce, solid minerals, and manufactured goods—play a vital role in stabilizing the naira, creating jobs, and cushioning the economy against external shocks.
Comptroller Ariyibi disclosed that under his leadership, the Command has intensified stakeholder engagements and aligned operations with the policy direction of the Comptroller-General of Customs. He also revealed that preparations are ongoing for the deployment of the National Single Window platform, with officers being trained to ensure seamless implementation of a unified export documentation system.
According to the Controller, the Lilypond Export Command processed exports valued at $925.84 million in Q1 2026, representing a 38.68 percent increase over the $667.60 million recorded in Q1 2025.
A breakdown of the monthly performance showed mixed trends within the quarter. January 2026 recorded a slight decline of 1.12 percent, with exports valued at $267.66 million compared to $270.70 million in January 2025. February, however, saw improvement, with exports rising by 12.43 percent from $225.13 million to $253.12 million. The most significant growth occurred in March 2026, when exports surged by 135.83 percent, reaching $425.48 million compared to $171.76 million in March 2025.
The Command also recorded remarkable growth in container throughput. A total of 19,014 export containers were processed in Q1 2026, representing an increase of 9,292 containers, or 95.58 percent, over the 9,722 containers handled during the same period in 2025.
Agricultural exports maintained a steady growth trajectory, increasing from $523.26 million in Q1 2025 to $608.46 million in Q1 2026, reflecting an increase of $85.20 million. The Controller described this as an encouraging sign of continued strength in Nigeria’s agricultural export segment.
Manufactured goods recorded the most significant improvement, rising from $93.48 million in Q1 2025 to $297.36 million in Q1 2026. The $203.88 million increase highlights the growing contribution of manufactured exports to economic diversification and industrial development.
In contrast, solid and extractive minerals experienced a decline, with export value dropping from $42.17 million in Q1 2025 to $5.23 million in Q1 2026. The Controller attributed this reduction to a strategic shift toward local processing and value addition in line with government policy.
Revenue Collections Rise
Export surcharge collections also increased during the period. The Command generated ₦199.36 million from the 2.5 percent export surcharge in Q1 2026, compared to ₦163.66 million in Q1 2025, representing a 21.81 percent increase.
Similarly, proceeds under the Nigeria Export Supervision Scheme (NESS) recorded growth. Collections rose by ₦1.01 billion, or 20.15 percent, from ₦5.01 billion in Q1 2025 to ₦6.03 billion in Q1 2026.
In his concluding remarks, Comptroller Ariyibi urged exporters operating within the Command to remain compliant with existing export regulations and avoid infractions. He emphasized the importance of staying updated with guidelines issued by the Federal Government.
He reaffirmed the Command’s commitment to continuous stakeholder engagement, capacity building, and operational support to facilitate legitimate export trade. According to him, these efforts are aimed at strengthening Nigeria’s economy and promoting a favorable balance of trade.
Comments
Post a Comment