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

FEC Approves Nationwide Deployment of 4,000 Telecoms Towers to Boost Digital Access

The Federal Executive Council (FEC) has approved the deployment...

Tinubu Commends Senate for Speedy Confirmation of Musa as Defence Minister

President Bola Tinubu has applauded the Senate for the...

What Exactly Is an Open Relationship? Here’s a Clear Breakdown

Open relationships allow partners to explore romantic or sexual...

Nigeria, China Set for Landmark Joint Film Projects — FG

Nigeria and China have begun work on a joint...

Why Tracking Bandits With Technology Is Difficult — Presidential Aide

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

BusinessMetrics praises NUPRC’s digital compliance systems and licensing reforms for boosting

BusinessMetrics, an independent industry performance evaluator, says the Nigerian...

Senator Dafinone Urges Delta’s UPU Leaders to Promote Unity, Peace, and Development

By Anne AzukaSenator Ede Dafinone, representing Delta Central Senatorial...

Health: ANHEJ Calls for Urgent Local Funds Mobilization Amid Dwindling Foreign Funds

By Joyce Remi-BabayejuThe Association of Nigeria Health Journalists, ANHEJ,...

Igoche Mark to Honour Lagos Legends Basketball Club at Grand Abuja Reception

In recognition of their historic victory in the recently...

2027: Delta Central APC Stakeholders Reaffirm Loyalty to Tinubu, Oborevwori

By Anne AzukaLeaders and stakeholders of the All Progressives...

NYA Appoints Six State Chairmen Across South-South to Strengthen Youth Mobilisation

By Jabiru HassanThe Office of the National Vice President...

Miaphen Calls for Calm Over Gov. Mutfwang’s Rumoured Defection to APC

By Israel Adamu, JosCoordinator of the Renewed Hope Advocates...

Related Articles

Popular Categories

spot_imgspot_img