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

“How I Became a Consultant Inside Kaduna Prison” — Journalist Idibia Recounts Ordeal

By Idibia Gabriel, KadunaJournalist Idibia Gabriel has shared a...

20 Die, Several Missing in Kogi Boat Accident

By Noah Ocheni, LokojaAt least 20 people have died...

Minister Nnaji’s Certificate Scandal: CACOL Demands Immediate Sack and Prosecution

***By Jabiru Hassan**The Centre for Anti-Corruption and Open Leadership...

Ghana to Pull Women To 2025 African Women Conference in Nov

By Joyce Remi-BabayejuThe Republic of Ghana is set...

Dinfa: Only a Northern Christian President Can Protect Northern Christians

By Israel Adamu, JosThe National Coordinator of the Young...

The Role of the United States in the Iran–Israel Geopolitical Rivalry

By Diri Glory IdaerefaaThe Middle East has long been...

2027: ACF to Regulate Officials’ Communication with Media, Public

By Achadu Gabriel, KadunaThe Northern socio-cultural organization, Arewa Consultative...

IHR Commends President Tinubu for Hajj Fare Reduction, Seeks ₦1,000/$1 Concessionary Exchange Rate

By Jabiru HassanIndependent Hajj Reporters (IHR) has commended President...

IHR Commends Tinubu for Hajj Fare Reduction, Urges N1,000/$1 Concessionary Rate

By Jabiru HassanThe Independent Hajj Reporters (IHR) has commended...

Related Articles

Popular Categories

spot_imgspot_img