x

FG Launches National Single Window to Enhance Trade

The Nigerian government, through the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has officially launched the National Single Window (NSW) project aimed at streamlining trade processes across the country.

During the launch, Minister Edun highlighted the significant impact the National Single Window is expected to have on Nigeria’s trade facilitation efforts. He noted that this project is a crucial component of the federal government’s strategy to improve trade and customs procedures, minimize delays, and enhance transparency within the trade sector.

The Federal Inland Revenue Service (FIRS), led by its chairman, Dr. Zacch Adedeji, along with the Nigerian Sovereign Investment Authority, have been appointed as the implementing agencies responsible for overseeing the project’s successful execution and financial management. The project’s secretariat will be based within the FIRS, serving as the central coordination and oversight hub, according to a statement from the Ministry of Finance released on Wednesday.

Key stakeholders from various government bodies, including the Nigerian Ports Authority (NPA), the Nigerian Customs Service (NCS), the Nigerian Civil Aviation Authority (NCAA), and the National Agency for Food and Drug Administration and Control (NAFDAC), are actively involved in the project. Their collaboration is deemed essential for the successful rollout of the National Single Window, which is a vital element of President Tinubu’s broader economic reform agenda.

The ongoing three-day workshop, set to conclude on Thursday, will result in a detailed action plan that will outline the next steps for the project and the timeline for its full implementation.

Hot this week

BAVCCA, COCSON warn against campaign of calumny to kill local fuel refining

Bloggers and Vloggers, Content Creators Association in Nigeria (BAVCCA)...

Gov Uba Sani Tells ACF: North Can Overcome Its Challenges if Leaders Unite

By Achadu Gabriel, KadunaGovernor Uba Sani of Kaduna...

CAF Awards: Super Falcons clinch ‘Women’s National Team of the Year’

Nigeria’s Super Falcons have been crowned the CAF Women’s...

Gunmen Kidnap Kaduna Parish Priest, Kill One, Abduct Several Others

By Achadu Gabriel, KadunaGunmen suspected to be bandits have...

NNAMDI KANU IS GOOD RIDDANCE TO BAD RUBBISH

By Charles Nnaebuka, PhDNnamdi Kanu’s conviction and sentencing to...

Wike Slams Turaki- Led PDD Faction, Says Nigeria’s Democracy Not Under Threat

By Joyce Remi-BabayejuThe FCT Minister, Barr. Nysome Wike...

Chinese Envoy Visits National Defence College, Seeks Deeper Security Ties With Nigeria

Efforts to broaden defence collaboration between China and Nigeria...

Nestoil: Group accuses Lagos CP of compromise as Court writes for enforcement of Order

Nigerian Equity and Justice Movement has accused the Lagos...

Manchester United Linked to Borussia Dortmund’s Karim Adeyemi

Manchester United have reportedly opened discussions regarding Borussia Dortmund...

CAF Awards: Super Falcons clinch ‘Women’s National Team of the Year’

Nigeria’s Super Falcons have been crowned the CAF Women’s...

Related Articles

Popular Categories

spot_imgspot_img