x

Nigeria Customs, AfCFTA Secretariat Hold Talks on Simplified Trade Regime

The Nigeria Customs Service has engaged with officials of the African Continental Free Trade Area Secretariat to advance plans for implementing a Simplified Trade Regime (STR) aimed at supporting small-scale cross-border traders.

The meeting, held at the Customs Headquarters in Abuja on March 23, focused on improving trade processes for Micro, Small and Medium Enterprises (MSMEs) through simplified and transparent procedures.

Representing the Comptroller-General, Adewale Adeniyi, the Deputy Comptroller-General in charge of Tariff and Trade, Caroline Niagwan, reiterated the agency’s commitment to making trade more inclusive and efficient while ensuring compliance with regulations.

Leading the AfCFTA delegation, Pedro Estevao said Nigeria has been designated as the pilot country for the STR in West Africa, highlighting its strategic role in driving regional trade and economic growth.

During the session, Customs presented a draft Standard Operating Procedure outlining simplified processes for informal cross-border trade, passenger baggage, and low-value e-commerce, supported by digital systems and risk-based controls.

An AfCFTA consultant, Nabil Zibani, emphasised the need for accessible systems that enable small businesses to comply with customs requirements and participate effectively in regional markets.

Both parties identified areas of alignment, including simplified documentation, digital trade platforms, and inclusive policies targeting MSMEs and women traders. They also agreed to continue technical engagements to address operational challenges and ensure full alignment with continental frameworks.

The initiative is expected to strengthen Nigeria’s role in regional integration while promoting inclusive economic growth under the AfCFTA framework.

Hot this week

2027: Police warn against planned 2milliion-man rally in A’ibom

By Ogenyi Ogenyi, UyoThe Akwa Ibom State Police Command...

NCC Reaffirms Commitment to Expanding Broadband Access to Underserved Communities in Plateau

The Nigerian Communications Commission (NCC) has reaffirmed its commitment...

Pa James Praises Wale Adenuga, Recounts Experience on Papa Ajasco

Veteran Nollywood actor Pa James has shared a positive...

Plateau Youths Protest Insecurity, Demand Urgent Government Action

Youths in Plateau State staged a protest at the...

Senator Nora Daduut Announces Passing of Sister Emelia Adakole

Former Plateau South Senator and Nigeria’s Ambassador to South...

Cement at ₦11,000: Is it time for Nigerians to return to building with mud?

Rising cement prices, now exceeding ₦11,000 per bag, are...

Six Diseases Now Deadlier Than HIV Globally — WHO Data

New global health data from the World Health Organization...

Concerns as Blessing CEO auctions property for sale amid battle with stage 4 cancer

Nigerian social media personality Blessing CEO has stirred concern...

Nigeria Fast-Tracks Permits to Revive Idle Oil Wells, Signs New Exploration Deal

Nigeria’s upstream oil sector is accelerating efforts to boost...

PDP Factions Resume Peace Talks as Wike Insists Party Not Divided

Fresh reconciliation efforts have begun within the Peoples Democratic...

NCC Reaffirms Commitment to Expanding Broadband Access to Underserved Communities in Plateau

The Nigerian Communications Commission (NCC) has reaffirmed its commitment...

APC Inaugurates New Executives in Riyom LGA, Calls for Unity Ahead of 2027

The All Progressives Congress (APC) has inaugurated newly elected...

Delta Governor Approves Recruitment of 700+ Health Workers to Boost Healthcare Delivery

Delta State Governor, Sheriff Oborevwori, has approved the recruitment...

Related Articles

Popular Categories

spot_imgspot_img