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

Plateau Youth Activist Pius Hoomen Sends Eid-el-Fitr Greetings, Urges Unity

Plateau-based youth activist and philanthropist Pius Hoomen has extended...

Wike Allocates Land to FCT Traditional Rulers, Waives all Land Proccessing Fees

By Joyce Remi BabayejuThe FCT Minister, Barr. Nyesom Wike,...

NAFDAC, NHIA to Improve Access to Quality Healthcare Services for Nigerians

By Joyce Remi- BabayejuIn a renewed drive to strengthen...

ADC Stakeholders Back Mohammed Abdullahi for Nasarawa Governorship, Urge Unity Ahead of 2027

Stakeholders of the African Democratic Congress (ADC) in Nasarawa...

NAFDAC, NHIA to Improve Access to Quality Healthcare Services for Nigerians

By Joyce Remi- BabayejuIn a renewed drive to strengthen...

Tinubu Urges Traditional Rulers to Strengthen Security, Unity at Falae Book Launch

By Wilfred FrancisPresident Bola Ahmed Tinubu has called...

EFCC Chairman Backs UNODC Programme Targeting Corruption, Illicit Financial Flows

By Wilfred FrancisChairman of the Economic and Financial...

NCDMB Applauds ESSO’s $23m Shorebase Project at LADOL

The Nigerian Content Development and Monitoring Board (NCDMB) has...

Malami, Kwankwaso Condole El-Rufai Over Mother’s Death

Former Attorney-General of the Federation, Abubakar Malami, and ex-Kano...

Calls Grow for Isaac Danladi to Contest Nasarawa West Senate Seat

Residents and stakeholders in Nasarawa West Senatorial District have...

Pope Leo XIV Warns Against Growing Inequality During Monaco Visit

Pope Leo XIV has criticised the widening gap between...

Related Articles

Popular Categories

spot_imgspot_img