By Tony Obiechina, Abuja
The Acting Comptroller-General of Nigeria Customs Service (NCS), Adewale Adeniyi has unveiled a new roadmap aimed at simplifying trade in Nigeria through fast-tracking of compliant traders in line with the World Customs Organization protocol.
The new project known as ‘Authorised Economic Operators’ (AEO) has the protection of the new Nigeria Customs Service Act 2023 and will be designed to systematically identify tolerable risks affecting the importation of legitimate goods into Nigeria.
Re-echoing his commitment to tackling challenges bedevilling trade facilitation in Nigeria, the Acting Comptroller-General disclosed this during a presentation on the modalities of implementation of the AEO roadmap at Customs Headquarters Abuja.
Some of the benefits that AEO include reducing examination and priority examination, amongst others. The CG assured that compliant traders and businesses will enjoy significant benefits when they embrace the innovation. READ ALSO:
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The process, which is expected to improve security and efficiency in fast-tracking goods, will reduce turnaround time for importers and double up the chances of generating revenue, which according to CGC, will strengthen the mutual recognition between the Service and stakeholders.
