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

EFCC Deepens Collaboration with Army, DSS to Tackle Illegal Mining in Kwara

By Francis WilfredThe new Zonal Director of the Economic...

Gunmen Kill One, Abduct 13 in Multiple Attacks Across Kogi Communities

From Noah Ocheni, LokojaSuspected kidnappers have killed one...

China’s ‘Two Sessions’ and the Opportunity for Africa

BY CHARLES ONUNAIJUA very significant event in China’s political...

Tunji-Ojo Emphasises Accountability, Reforms, and Measurable Impact

By Francis WilfredThe Minister of Interior, Olubunmi Tunji-Ojo, has...

Jaja, Jaji Transmission Substations Receive New Power Transformers

By Jabiru HassanThe Kaduna Region of the Transmission Company...

Civil Society Coalition Raises Alarm Over Nigeria’s Maritime Boundaries, Oil Wells Allocation

A coalition of Civil Society Organizations (CSOs), maritime experts...

Julius Berger demonstrates commitment to CSR as Academy graduates 36

Julius Berger Nigeria Plc has demonstrated its commitment to...

US Spent $11bn on Iran War in First Six Days – Report

The United States spent more than $11.3 billion during...

Senator Nora Daduut Congratulates Plateau Governor Caleb Mutfwang on 61st Birthday

By Golok Nanmwa, JosSenator Prof. Nora Ladi Daduut, Nigeria’s...

Rainstorm Destroys Over 40 Houses, Churches in Kogi Community

From Noah Ocheni, LokojaResidents of Egbeda Egga community...

‘No Man Feels Complete When a Woman Is Feeding Him’ — Eucharia Anunobi

Veteran Nollywood actress Eucharia Anunobi has sparked debate on...

BBNaija Star Ilebaye Undergoes Face And Nose Rejuvenation For Youthful Look

Reality TV personality Ilebaye Odiniya has revealed she recently...

Related Articles

Popular Categories

spot_imgspot_img