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

SPECIAL REPORT: Nigeria’s Giant Strides in the Implementation of Sustainable Development Goals (SDGs)

Nigeria’s Giant Strides in the Implementation of Sustainable Development...

NASENI Launches FutureMakers to Instill Innovation & Creativity In Younger Generations

The National Agency for Science and Engineering Infrastructure (NASENI)...

Activist Blames Gov Sani, Kaduna Assembly for Delay in Kafanchan FMC Take-Off

By Achadu Gabriel, KadunaAn activist, Comrade Daniel Ejembi, has...

“Igbo People Have the Sweetest Music in Nigeria” — Kiddwaya Declares

Reality TV star Kiddwaya has sparked conversation online after...

NDLEA Kano Commander Receives Courtesy Visit from LESPADA Executive Director

By Jabiru HassanThe Commander of the National Drug Law...

Related Articles

Popular Categories

spot_imgspot_img