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

Tinubu Runs Most Christian-Friendly Government — Akpabio

By Israel Adamu, JosPresident of the Senate, Senator Godswill...

Osun LG crisis: APC, Adeleke trade accusations over council tenure

Osun State Governor Ademola Adeleke has accused his predecessor,...

Wike Rolls Out 12 Ambulances to Boost Hospital Emergency Services in Abuja

… Says Rehabilitation of 14 Hospitals UnderwayBy Joyce Remi-BabayejuThe...

Kano Group Questions Senator Hanga’s Position on Kwankwasiyya, Cites Petition to ICPC

The Kano People’s Rights Alliance (KPRA) has criticised recent...

NYSC Member, Others Abducted on Biu–Damaturu Road in Borno

An NYSC corps member and several other travellers have...

Army kills ISWAP commander, foils attacks in Borno

Troops of the Joint Task Force (North East), Operation...

Premier League Clubs Step Up Activity as January Transfer Window Nears Close

Premier League clubs intensified squad reshaping during the January...

March 31 Deadline: Oyedele Urges Nigerians to File Annual Tax Returns

Chairman of the Presidential Committee on Fiscal Policy and...

Crusade Dispute Puts CAN, PFN Under Spotlight

Allegations of interference and partiality have unsettled Nigeria’s major...

Accountability, Not Adulation, Should Guide Hajj Reporting

By Suleiman Bashar AliyuIn any healthy society, journalism serves...

Why Military Coups Are Re-Emerging Across Parts of Africa

A resurgence of military coups in parts of Africa...

North Central Development Commission Seeks Security Partnership in Nasarawa

The North Central Development Commission (NCDC) has begun consultations...

Kaduna Launches Sanitation Drive, Creates 5,000 Jobs for Youths and Women

Kaduna State Governor Uba Sani has launched a new...

Related Articles

Popular Categories

spot_imgspot_img