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

New Chelsea boss Rosenior faces FA Cup test

Liam Rosenior will take charge of Chelsea for the...

Tinubu’s Reforms Yielding Positive Results, 2026 Budget Will to Solidify Gains

By Lucy OmakpoThe 2026 budget is set to consolidate...

Tax Reforms Act: Civil Society Groups Name Speaker Tajudeen Abbas as Man of the Year

***Commend House of Reps for Leading Transparency in GovernanceThree...

African Union Reaffirms Unwavering Support for One-China Principle

The African Union (AU) has once again affirmed its...

Umahi Hopes CHEC to Complete Road Project Ahead of Schedule

By Francis WilfredThe Minister of Works, Engr. Dave Umahi,...

Group Blames Fubara for Renewed Political Crisis in Rivers

A pro-democracy and accountability organisation, the National Vanguard for...

AFRICA AS THE CENTERPIECE OF CHINA’S FOREIGN POLICY AND DIPLOMATIC ENGAGEMENT

By Prof Sheriff Ghali IbrahimIt is a diplomatic mantra...

Agatu Security Crisis: Council Chairman Orders Armed Herders to Vacate Benue LGA

By Israel Adamu, JosThe Agatu security crisis has deepened...

China, Tanzania Reaffirm Strategic Partnership, Pledge Deeper Cooperation

China and Tanzania have restated their commitment to a...

Related Articles

Popular Categories

spot_imgspot_img