• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Sunday, June 21, 2026
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Nigeria, Benin Custom Services check multiple taxes on transit cargoes

Customs

The Matters Press by The Matters Press
July 25, 2023
Reading Time: 2 mins read
0
Customs generates N493.75bn in TinCan Island

Cotonou,(Republic of Benin), July 25, 2023: The Nigeria Customs Service (NCS) and the Benin Republic counterpart on Monday agreed to address the multiple taxes on transit cargoes along the ECOWAS corridor.

RELATED POSTS

Tinubu’s nomination acceptance speech excites TMSG, TSF

Troops’ counter-terrorism triumphs prove Tinubu’s war on terror on a steady course

IN DEFENCE OF PRESIDENT TINUBU’S DEBTS-FOR-INFRASTRUCTURE POLICY

They also agreed to harmonise the import prohibition policy to ensure that whatever was banned in Nigeria would also be banned in Benin.

The Acting Comptroller-General of NCS, Mr Adewale Adeniyi, said this during a working visit to Cotonou and some decisions were reached between the two countries.

The comptroller-general also visited Webb Fontaine, Port of Cotonou, Ministry of Economy and Finance and had an interactive session with stakeholders.

“On the measures to be taken to ensure good relationship between the two countries, there is need to promote the ECOWAS trade liberalisation scheme and the facilitation of the movement of goods and community products in particular.

“Ensure the removal of barriers and other obstacles to legitimate trade and the establishment of customs units when the traffic justifies it.

“Ensure strict compliance with transit rules and harmonisation of the list of products prohibited by the two countries.

“There should be rapid integration of Nigeria into the Interconnected System for the Management of Goods in Transit (SIGMAT) which already includes the Customs Administrations of Benin, Burkina Faso, Côte d’Ivoire, Ghana, Guinea, Mali, Niger, Senegal and Togo,” he said.

Adeniyi pointed out that the two countries agreed to strengthen the fight against cross-border crime through cooperation, intelligence sharing and the pooling of resources.

He said that Nigeria and Benin Republic would be holding meetings twice a year to discuss matters of common interest.

“There will be the reactivation of the joint committee for monitoring trade and transit relations.

“Also there will be revival of consultation frameworks of border customs units with the active participation of the private sector,” he said.

Adeniyi thanked his counterpart from Benin Republic, the Senior Minister in charge of Economy and Finance, Mr Romuald Wadagni, Benin Republic President, Patrice Talon and the people of Benin Republic for the warm welcome.

The customs boss invited the Director-General of Benin Republic Customs, Mr Alain Hinkati, to make an official working visit to Nigeria to follow up on the conclusions.

In his response, Hinkati accepted the invitation with pleasure, saying the dates would be agreed later.

At the Nigerian Embassy in Benin Republic, Adeniyi told the Nigerian Ambassador to Benin Republic, Mr Olukayode Aluko, that a second look would be taken on the border agreement.

The ambassador urged the acting comptroller-general to use his good office to ameliorate the situation on ground and checkmate illegal check points along the route.

Aluko noted that there was the need for the customs boss to engage his Benin counterpart robustly as they were willing to work with Nigeria.

“Benin Republic is eager to do business with us and as such we need to direct our attention to having a conducive environment and ensuring the borders are opened on terms that are comparatively favourable.

“The ultimate goal is to have a Nigeria/Benin Joint Commission and we intend to achieve this by the end of the year,” he said.

The Director-General, Webb Fontaine, Mr Anicet Houngbo, while welcoming the Nigeria Customs delegates, said that Benin Republic as a big transit hub could not have achieved it without the strong aid from Nigeria.

According to Houngbo, the geographical location of Benin Republic from Nigeria is seen as a great opportunity for them.

He pointed out that the challenge Nigeria was having had to do with the choice of the project owner.

Tags: CustomsTaxes
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Tinubu signs amended electoral Act
Energy

Tinubu’s nomination acceptance speech excites TMSG, TSF

May 31, 2026
Economic implications of Niger coup to Nigeria, ECOWAS
Economy/Technology

Troops’ counter-terrorism triumphs prove Tinubu’s war on terror on a steady course

May 29, 2026
Nigeria’s  Transparent Civil Service Recruitment exciting
Economy/Technology

IN DEFENCE OF PRESIDENT TINUBU’S DEBTS-FOR-INFRASTRUCTURE POLICY

May 18, 2026
Council seeks incentives to boost indigenous ship operations
Economy/Technology

Tinubu’s economic reforms grow Nigeria’s export earnings by 38.68% – TMV

May 7, 2026
Tinubu engages global investors in Paris
Economy/Technology

Tinubu engages global investors in Paris

May 6, 2026
TMSG to ADC: You are a motley crew of power mongers, palace jesters
Economy/Technology

Tinubu vindicated as opposition coalition collapsed under the weight of Atiku, Obi’s lust for power-Group

May 6, 2026
Next Post
800 firms compete to manage gas flare sites

Nigeria losses $2.5bn yearly to gas flaring

Edo unveils plans for investment desks

Summit to attract $2bn investments

Recommended Stories

Global trade’ll grow to $30tn by 2030

Trade surplus: CPPE boss tasks Nigeria on reforms in oil, gas

June 10, 2023
UK unions seek higher minimum wages for Britons

FG, labour agree on wage increment for all workers

October 2, 2023
Contractor vows to surmount challenges on AKK gas project

FG investigates distribution of substandard inputs to wheat farmers

December 11, 2023

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • Tinubu’s nomination acceptance speech excites TMSG, TSF
  • Troops’ counter-terrorism triumphs prove Tinubu’s war on terror on a steady course
  • IN DEFENCE OF PRESIDENT TINUBU’S DEBTS-FOR-INFRASTRUCTURE POLICY

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Call Us