• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Wednesday, October 8, 2025
  • 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

Customs Service, EU partner to monitor export, facilitate trade

Export

The Matters Press by The Matters Press
February 28, 2024
Reading Time: 2 mins read
0
Customs Service, EU partner to monitor export, facilitate trade

Abuja, Feb. 28, 2024: The Nigeria Customs Service (NCS) is partnering with the Directorate-General Taxation and Customs Union (DG TAXUD) of the European Union (EU), to facilitate trade, monitor export and documentations in Nigeria.

RELATED POSTS

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

Atiku’s hunger revolution, delusional – TMSG

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

The Comptroller-General (CG) of customs, Adewale Adeniyi, disclosed this after a meeting with the DG TAXUD on Tuesday in Abuja.

Adeniyi said that the partnership was apt, considering that the NCS was seeking a credible digital platform that would enhance its validation of documents.

He expressed confidence that the initiative would open a new frontier of opportunities between the two economic blocs of registered exporters.

He stressed the need for a framework between customs and DG TAXUD that could be used to verify and validate export commodities.

“As part of our outreach program, we are also working with other agencies of the Nigerian government so that we maximise these opportunities.

“In the past, we have had goods from Nigeria returned because of quality and storage.

“We have moved to establish a ‘one-stop-shop’ export seat for export documentation, so that it will help us reduce the time taken for Nigerian exporters to get their goods out of our port.

“Earlier this month, we launched the Time Release Studies, which we are targeting towards importing of goods and how much it takes for businessmen to clear their goods in the port,” he said.

He said that the exercise would involve identifying bureaucratic modules, procedures, or laws that cause delays, with a view to accelerate the process of clearing goods from the ports.

“My intention for us is to have a system that is better, faster, and easier to confirm your request within a very short period.

“I want us to talk about exportation like we all talk about importation,” he said.

On his part, Mr Gary Wilkinson, from the Rules of Origin Unit, DG TAXUD, said that Nigerian products have been earmarked to receive a four per cent tariff discount on their exports.

Wilkinson added that specific rules have been put in place to ascertain the origin of products under the organisation’s Generalised System of Preference scheme.

The DG TAXUD manages, defends, and develops the customs union as an essential part of securing the outer borders of the European Union and coordinates taxation policy across the region.

Tags: CustomsExport
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Consumer commission, CBN, EFCC investigate violations in money lending
Economy/Technology

Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎

September 24, 2025
Drop your frustration, let President Tinubu be, Group picks on Atiku
Economy/Technology

Atiku’s hunger revolution, delusional – TMSG

September 23, 2025
‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG
Economy/Technology

‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

September 22, 2025
2023 maritime, shipping outlook force experts to call for aid
Economy/Technology

Leap in non-oil exports gain of Nigeria:s economic diversification ‎

September 17, 2025
NBS reports increase in Inflation
Economy/Technology

Think Tank ‎projects 17% inflation rate by year-end, urges CBN to ease benchmark rate ‎

September 17, 2025
Old pension scheme beneficiaries get a boost in entitlements
Economy/Technology

‎GROUP LAUDS INSURANCE SCHEME FOR RETIREES IN NIGERIA. ‎

September 14, 2025
Next Post
TotalEnergies drills first oil wells for huge Uganda project

IOCs divestment signals expediential growth of indigenous coys – IPPG

Nigeria targets Trans Saharan, Europe gas market

OB3 gas pipeline will be completed in March 2024 – Minister

Recommended Stories

TAJBank improves operations drive, opens Apapa branch

TAJBank improves operations drive, opens Apapa branch

February 14, 2023
Chinese investors to cultivate 10,000 hectares of rice in Yobe

RIFAN’s contribution to national food security excites Bagudu

April 25, 2023
MPR increase: A journey away from single-digit interest rate – MAN

MPR increase: A journey away from single-digit interest rate – MAN

July 23, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

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

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

    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

  • Think Tank welcomes first interest cut in 5 years, notes that CBN decision aligns with its projection ‎
  • Atiku’s hunger revolution, delusional – TMSG
  • ‎Fubara, lawmakers’ position vindicate President Tinubu’s emergency rule declaration-TMSG

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