x

Tinubu: Customs Reforms to Boost Trade, Strengthen Border Security

By   Milcah   Tanimu

President Bola Tinubu has announced that reforms within the Nigeria Customs Service (NCS) will boost trade and strengthen border security. Speaking at the Comptroller-General of Customs (CGC) conference in Abuja, Tinubu said these changes align with his administration’s goals to diversify and industrialize Nigeria’s economy. National Security Adviser Nuhu Ribadu represented Tinubu at the event.

Tinubu highlighted new customs initiatives, including an advanced ruling system and an authorised economic operator program. He noted these initiatives aim to facilitate trade and create a predictable business environment. The reforms, he said, would also improve Nigeria’s global trade ranking and make the business climate more attractive for investors.

The president committed to supporting the modernization efforts of the NCS. This support has already led to increased revenue generation, enhancing the government’s ability to fund critical projects. Since taking office, Tinubu’s administration has secured over $30 billion in foreign investment, showing investor confidence due to recent policy changes.

According to Tinubu, discussions at the conference should help Nigeria maximize opportunities from regional and continental trade integration. At the same time, the NCS will strengthen border security. He emphasized that sustainable progress relies on strategic partnerships, improved trade processes, and enhanced compliance frameworks.

As part of broader reforms, Tinubu aims to elevate Nigeria’s global trade and investment reputation. Planned improvements include modernizing port infrastructure and streamlining business processes to reduce trade barriers. He urged that the conference outcomes provide a clear roadmap for achieving Nigeria’s economic goals through enhanced trade and security.

Hot this week

Regina Daniels Says She Has No Plans to Remarry After Split From Ned Nwoko

Nollywood actress Regina Daniels has explained why she is...

I Always Seek My Wife’s Permission Before Acting Romantic Scenes — Nosa Rex

Nollywood actor Nosa Rex has disclosed that he always...

Tinubu Reaffirms Engineering-Led Development as NSE Honours Goronyo with Fellowship

By Jabiru HassanPresident Bola Ahmed Tinubu has reaffirmed his...

Kaduna Seals $200M Chinese Deal for Largest Poultry Hub in West Africa

The Kaduna State government is on the verge of...

Why Tracking Bandits With Technology Is Difficult — Presidential Aide

The Special Adviser to President Bola Tinubu on Policy...

NYSC Members Urged to Be Good Ambassadors at Delta State Batch ‘C’ Closing Ceremony

By Anne AzukaMembers of the National Youth Service Corps...

International Human Rights Day 2025: Renewing the Call to Protect Human Dignity

By Debo AdeniranOn this year’s International Human Rights Day,...

Niger Delta Youths Win Multi-Million-Naira Grants at 5th MSME Summit in Yenagoa

Ten young entrepreneurs from across the Niger Delta have...

Gov Alia Felicitates Senate President Akpabio on 63rd Birthday

By Isaac Kertyo, MakurdiBenue State Governor, Rev. Fr. Dr....

Bunorr MD Seeks National Law on Used Engine Oil Recycling to Curb Pollution

By Amgbare Ekaunkumo, YenagoaThe Managing Director of Bunorr Integrated...

NTDA, Oba Akiolu1 parley to Push 2025 Lagos Eyo Festival into Global Tourism Limelight

By Joyce Remi-BabayejuThe Nigerian Tourism Development Authority (NTDA), Director...

Related Articles

Popular Categories

spot_imgspot_img