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

From Ports to Food: How Partnership with China is Driving Nigeria’s Economic Transformation

For years, Nigeria’s conversations around economic transformation have been...

Police Arrest Man Over Alleged N900,000 Plot to Kidnap Aunt in Delta

By Anne AzukaThe Delta State Police Command has arrested...

Former Presidential Candidate Urges Tinubu, Atiku, Obi to Engage in Policy Debate

A former presidential candidate of the defunct African Renaissance...

A’Ibom Unveils Equipment Leasing Hub to Drive Mechanised Agriculture

By Ogenyi Ogenyi, UyoGovernor Umo Eno of Akwa Ibom...

Kaduna Marks World Press Freedom Day, Reaffirms Commitment to Media Independence

By Achadu Gabriel, KadunaKaduna State has reaffirmed its commitment...

Outrage in Abuja as council revenue staff shot dead during permit enforcement

The Director of Operations, Abuja Municipal Area Council (AMAC),...

Nasarawa 2027: Nalaraba Withdraws from Governorship Race, Backs Wadada, Declares for Senate

From Abel Zwanke, LafiaThe member representing Awe/Doma/Keana Federal Constituency,...

Ibeno Alleges Contempt of Court by Eket over ‘Fake’ A’Ibom Map

By Ogenyi Ogenyi, UyoThe Ibeno Clan Council has strongly...

FG lauds A’Ibom ‘pace-setter’ Airport as maiden int’l flight takes off

By Emeka Samuel,UyoAs the Victor Attah International Airport kick-starts...

ACF Rejects Reported Leadership Changes, Says Claims Are Unconstitutional

By Achadu Gabriel, KadunaThe Arewa Consultative Forum (ACF) has...

Related Articles

Popular Categories

spot_imgspot_img