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

Flavour and Prophet Odumeje Break the Internet With Matching Outfits

Nigerian singer Flavour and popular clergyman Prophet Chukwuemeka Odumeje...

Address socio-economic conditions fueling terrorism- Ex Minister Essien to FG

By Ogenyi Ogenyi,UyoA former Minister of Lands, Housing and...

‘Single Mother Stigma Only Applies to Poor Women’ – Mercy Eke

Nigerian reality TV star and Big Brother Naija Season...

Wike Terminates Re-Awards Delayed Apo-Karshi Road Projects 14 Years Later

By Joyce Remi-BabayejuThe FCT Minister Barr. Nyesom Wike has...

Court Bars Police, IGP From Harassing Owners of Nestoil Premises

A Federal High Court in Abuja has restrained the...

Pius Akutah’s Alleged Fraud at Nigerian Shippers Council Uncovered

Investigations by Nigerian Concord Newspaper reveal that the Executive...

Uyo Tropicana Trade Fair to catalize investment and economic expansion- Ekong

By Ogenyi Ogenyi. UyoThe Akwa Ibom Commissioner for Trade...

FG’s CNG Drive Best for Nigeria’s Sustainable Transport System —Mahmoud Hints

By Joyce Remi-BabayejuFCT Minister of State, Dr. Mariya Mahmoud,...

Delta Government Reaffirms Strong Partnership with Media to Advance MORE Agenda

By Anne AzukaThe Delta State Government has reaffirmed its...

Plateau Government Completes Preparations for 2025 Unity Christmas Carols and Praise Festival

By Israel Adamu, JosThe Plateau State Government has finalized...

Kogi Police Debunk Rumoured Bandit Invasion of Lokoja Communities

By Noah Ocheni, LokojaThe Kogi State Police Command has...

Related Articles

Popular Categories

spot_imgspot_img