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

Delta State Receives Torch of Unity Ahead of 2nd Niger Delta Games

By Anne AzukaDelta State has formally received the Torch...

Abia Labour Party Debunks Alleged Link Between Gov Otti and APC Congress Suspension

By Okechukwu Keshi UkegbuThe in Abia State has dismissed...

Political Stalwarts in Ukwa East Defect to Labour Party

By Okechukwu Keshi UkegbuThe in has recorded a fresh...

Kaduna AG Urges Christians to Engage in Politics Ahead of 2027 Elections

By Francis WilfredKaduna State Attorney-General and Commissioner for Justice,...

Kogi Govt Hails Tinubu Over Faleke’s Appointment, Describes It as Strategic Masterstroke

From Noah Ocheni, LokojaThe Kogi State Government has expressed...

Stephen Keshi Stadium to Host BIPOGA Football Final as Zone 10 Face Zone 4

By Anne AzukaThe final of the male football event...

Zone 5 Dominates 15th BIPOGA Karate Event, Clinches Half of Gold Medals

By Anne AzukaKarate delivered one of the most impressive...

FG Commences Investigation into Wase Mining Tragedy

By Israel Adamu, JosThe Federal Government has launched a...

Abia Labour Party Debunks Alleged Link Between Gov Otti and APC Congress Suspension

By Okechukwu Keshi UkegbuThe in Abia State has dismissed...

NUJ FCT, NDPC to Partner on Data Shield Pact to Protect Journalists Against Cyber Threats

By Joyce Remi- BabayejuThe Nigeria Union of Journalists, NUJ,...

Bayelsa Governor Diri Urges Oil Firms to Support Prosperity Cup Football Tournament

Bayelsa State Governor, Douye Diri, has called on multinational...

Bayelsa Police Promote 228 Officers to Assistant Superintendent Rank

The Nigeria Police Force has promoted 228 officers from...

Related Articles

Popular Categories

spot_imgspot_img