• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Friday, June 6, 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 lists initiatives to enhance AfCFTA in Nigerian port

Customs

The Matters Press by The Matters Press
November 8, 2023
Reading Time: 2 mins read
0
AfCFTA’s potential for enterprises dominates discussion

Lagos, Nov. 8, 2023: The Nigeria Customs Service (NCS) says port decongestion and transformation of Nigeria into Africa’s most efficient trading nation will enhance the African Continental Free Trade Agreement (AfCFTA) in the port.

RELATED POSTS

PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF

FCT ground rent!: Check your name if you own property

Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

The Controller General of Customs (CGC), Comptroller Adewale Adeniyi, said this at the 43rd Annual Council Meeting and 18th Roundtable of Managing Directors/Exhibition of the Port Management Association of West and Central African (PMAWCA).

The meeting hosted by the Nigerian Ports Authority (NPA) on Tuesday in Lagos had the theme: ‘The Role of Ports in the African Continental Free Trade Area.’

Adeniyi added that enforcement of the Presidential Directive for the 48-hour clearance of goods at seaports in accordance with Executive Order 001 would enhance AfCFTA benefits.

“Furthermore, we are redefining performance measures for key government agencies to emphasise trade facilitation, implementing the National Single Window trading platform.

“Also is the launching of a comprehensive transformational program to support exports development,” he said.

He noted that the establishment of a ministry in charge of blue economy and marine by the current administration would unlock the vast potential within the maritime sector and drive the nation’s economic prosperity.

“This step is not only in line with a commitment to harness the wealth of opportunities in trade, but also aligns perfectly with our dedication to achieving the objectives of continental free trade.

“It is a powerful reminder that in this era of increased collaboration and interdependence, customs and maritime industry must work hand in hand to ensure the overall success of these initiatives,” he said.

He also stressed the need to ensure enhanced predictability for business and customs to ensure that only qualifying goods participate in the agreement.

“Separation of certification from regular procedure, certifications and associated verification should now occur before export clearance, streamlining processes, and ensuring that only eligible goods receive necessary documentation,” he said.

Also speaking, Mr Olusegun Awolowo, the Executive Secretary, National Action Committee on AfCFTA, called for investment in infrastructure to position West and Central Africa as a HUD.

According to Awolowo, developing and upgrading port facilities, including modernising terminals, enhancing connectivity through road and rail networks, and investing in technological advancements to facilitate efficient cargo handling and transit is needed.

“There is a need to encourage closer collaboration among West and Central African countries to align regulations and standards across the region to minimise non-trade barriers, ensuring a consistent and smooth operational environment for businesses in the maritime sector.

“I recommend collaborations among member states, international organisations, and private sector entities to leverage expertise, resources, and best practices for the development of the blue economy.

“Encouraging public-private partnerships can accelerate infrastructure development and technology adoption,” he said.

Ms Demitta Gyang, Senior Advisor, Customs Administration, AfCFTA, noted that AfCFTA would enable Africa to create volumes to be carried by the transport and logistics sector.

According to her, there is a need to attract investment to support the volume that will boost the economy.

“African regions had achieved 92 per cent on roles of origin.

“The transport sector stands to benefit most because of the volume that will be moved from one point to another and so this agreement is a commitment by member states,” she said.

Tags: AfCFTACustoms
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Energy

PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF

June 4, 2025
Property owners besiege FCT office to pay ground rent
Economy/Technology

FCT ground rent!: Check your name if you own property

June 3, 2025
News

Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

June 3, 2025
Economic implications of Niger coup to Nigeria, ECOWAS
Economy/Technology

IMPI urges media to consider national interest in reporting security challenges

June 3, 2025
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
News

Malami’s opposition to Tinubu’s endorsement self-indicting – TDF

June 3, 2025
President Tinubu outlines new economic, monetary, foreign policies
Economy/Technology

CUPP goofs over President Tinubu’s 2027 endorsement by governors

June 2, 2025
Next Post
25 textile clusters get a boost through SMEDAN

Nigeria to showcase local fabrics in global markets

NPA tasks arbitrators on speedy dispute resolution

NPA gives 2024 deadline for $1.1bn ports rehabilitation plan

Recommended Stories

Vulnerable Nigerian farmers to get $1m grant

Poor budgetary allocation bane of aquaculture sector

July 13, 2022
How NNPC is solving lingering petrol scarcity

NUPENG, PTD discuss reports of strike

November 21, 2023
Nigerian firms to handle $4b gas project

Nigeria, Cote d’Ivoire to deepen bilateral relations

May 21, 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

  • PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF
  • FCT ground rent!: Check your name if you own property
  • Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

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