Tag: customs

  • Customs intercepts $1.1m uncleared foreign currency 

    Customs intercepts $1.1m uncleared foreign currency 

    The Nigeria Customs Service (NCS) has intercepted $1,154,900 and SR 135,900 undeclared foreign currency at Mallam Aminu Kano International Airport (MAKIA).

    National public relations officer, Assistant Comptroller of Customs, Abdullahi Maiwada disclosed this in a press statement.

    The statement noted that the seizure was made recently during a routine baggage check on an inbound passenger, Hauwa Ibrahim Abdullahi, who arrived on Saudi Airline Flight No. SV401 from Saudi Arabia.

    The statement reads in part: “The Nigeria Customs Service (NCS) has intercepted a total of $1,154,900 (One Million, One Hundred and Fifty-Four Thousand, Nine Hundred US Dollars) and SR135,900 (One Hundred and Thirty-Five Thousand, Nine Hundred Saudi Riyals) undeclared foreign currency at the Mallam Aminu Kano International Airport (MAKIA). 

    “The seizure was made recently during a routine baggage check on an inbound passenger, Hauwa Ibrahim Abdullahi, who arrived on Saudi Airline Flight No. SV401 from Saudi Arabia.

    “During the physical examination of the passenger’s luggage conducted by NCS Officers, the undeclared currency was discovered concealed within palm-date fruit packs locally referred to as Dabino.

     “This interception aligns with the Nigeria Customs Service’s commitment to enforcing financial regulations and preventing illicit financial flows across Nigeria’s borders.

    “In line with established procedures, the suspect and the seized foreign currency have been handed over to the Economic and Financial Crimes Commission (EFCC) for further investigation and necessary legal action. Subsequently, the court convicted the defendant as charged and ordered the forfeiture of the undeclared money to the Federal Government in line with the provisions of the Money Laundering (Prevention and Prohibition) Act of 2022. 

    “The Service reiterates that all travelers must comply with Nigeria’s financial regulations, particularly the legal requirement to declare any cash or negotiable instruments exceeding the approved threshold when traveling in or out of the country. 

    “The Money Laundering (Prevention and Prohibition) Act of 2022 and the Foreign Exchange (Monitoring and Miscellaneous Provisions) Act, 1995, provide clear guidelines on currency declaration. 

    Read Also: Customs unveils programme to foster national development, advance SDGs

    “Non-compliance with these regulations constitutes a violation of Nigerian law and attracts severe penalties. The Service, therefore, urges the public to adhere strictly to these requirements to avoid legal consequences.

    “Under the leadership of the Comptroller-General of Customs, Bashir Adewale Adeniyi, MFR, the NCS remains resolute in its enforcement efforts to combat smugglers illicit financial transactions, and other trans-border crimes. 

    “This latest seizure highlights the Service’s unwavering dedication to protecting the nation’s economic interests and ensuring compliance with financial regulations.

    “The NCS will continue to collaborate with relevant government agencies and stakeholders to strengthen border security, enhance compliance with financial laws, and safeguard Nigeria’s economy. 

    “Travelers and stakeholders in the financial sector are advised to remain vigilant and always adhere to lawful financial practices.” 

  • Customs unveils programme to foster national development, advance SDGs

    Customs unveils programme to foster national development, advance SDGs

    The Nigeria Customs Service (NCS) has established a Corporate Social Responsibility (CSR) Unit to lead its newly launched Customs Cares programme, aimed at fostering inclusive growth and making a sustainable impact across Nigerian communities.

    According to a statement by the NCS National Public Relations Officer, Assistant Comptroller Abdullahi Maiwada, the initiative goes beyond the agency’s core mandates of trade facilitation, revenue generation, and border security. 

    It, however, focuses on addressing key societal challenges and advancing national development priorities in line with the United Nations Sustainable Development Goals (SDGs).

    Under the Customs Cares programme, the NCS will implement projects such as school renovations, mobile clinic deployments, food and medical aid, agricultural support, skills acquisition programmes, and youth empowerment.

    The initiative marks a significant step in the NCS’s commitment to national development, leveraging its resources to uplift communities and drive positive change.

    “The Service recognises the importance of collaboration in achieving this initiative and is ready to work closely with other government agencies, non-governmental organisations, private sector partners, and local communities to enhance the success of this project. The launch marks the beginning of a long-term commitment to Corporate Social Responsibility, with structured programmes to be implemented nationwide.  

    Read Also: Customs, smugglers clash in Ogun

    “Under the leadership of the Comptroller-General of Customs, Bashir Adewale Adeniyi, MFR, the NCS remains dedicated to integrating social responsibility into its core operations. This strategic direction aligns with the Presidential Priority Areas and reinforces the Service’s role as a socially responsible institution. Through Customs Cares, the Service will complement President Bola Ahmed Tinubu’s renewed hope agenda, while strengthening community engagement and staff participation in nation-building efforts,” the statement read.

    The NCS further encouraged officers, stakeholders, and the general public to embrace the Customs – Cares initiative as a collective effort to drive positive change. 

    “By working together, the Service aims to create sustainable solutions that uplift communities and improve livelihoods. As the programme unfolds, the NCS will continue to collaborate with relevant partners to expand its reach and maximise its impact across the country,” Customs added. 

  • Customs, smugglers clash in Ogun

    Customs, smugglers clash in Ogun

    Following a serious gun battle between the operatives of the Nigeria Customs Service (NSC), Federal Operations Unit (FOU) Zone ‘A’, Ikeja, Lagos and smugglers at Ijoun border area of Ogun State yesterday, 445 bags of 50kg snuggled foreign rice were intercepted.

    Addressing reporters in Lagos, the Area Controller of the Unit, Kola Oladeji said his officers were able to seize and evacuated the seized rice based on the tremendous support they received from the chiefs and residents of Ilara, Ijoun, Tobolo and Ilaro border communities of the state.

    The Comptroller told journalists that the seizure was made as a result of intelligence gathered by his officers that are always patrolling the border area.

    The 445 bags of foreign parboiled rice, findings revealed, have been deposited at the Federal Government warehouse in Ikeja.

    Oladeji said his officers moved to the bush where the bags of rice were hidden by the conveyors, in readiness to use the dead of the night to transport them to intended destinations before they swooped on them.

    He, however, said smugglers escaped from their vehicles, probably after they were notified by their informants of the approaching Customs operatives.

    Read Also: Truckers partner NTVOA for smooth port operations, reduce costs

    The controller decried a situation whereby unrepentant smugglers dared the law, despite warnings that the battle would be taken to their doorsteps in an operation code-named ‘Operation swift string’

    According to him, the unit has the mandate of their Controller General, Adewale Adeniyi on revenue generation, anti-smuggling and facilitating legitimate trade.

    He said:  “We wouldn’t have bothered about this press briefing, but because of inquiries from some of you, saying why have we been keeping our presence in those axis for the past five days. It was as a result of intelligence we received that some unscrupulous elements are planning to smuggle some prohibited items into the country. And we have not been relying on our effort to put a stoppage on smuggling activities in the entire areas of the southwest.

    “But because we always observe our rules of engagement, especially when it comes to confrontation with the border communities, we value their lives. We don’t like inflicting any injury on anybody, because they are Nigerians. And that’s why we have to leave some of them.”

  • Customs engages stakeholders on automation to boost trade

    Customs engages stakeholders on automation to boost trade

    The Nigeria Customs Service (NCS) took a giant step in Lagos on Monday towards modernisation of its operations at the nation’s sea port by engaging stakeholders on the deployment of Automated Transit Process (ATP), at the Apapa command.

    This groundbreaking initiative, the service said, aims to improve the movement of goods across Nigeria’s borders, leveraging cutting-edge technology to reduce clearance times, minimize cargo diversion risks, and enhance efficiency in the supply chain.

    Speaking at the forum, the Comptroller General of Customs, Adewale Adeniyi, who was represented by ACG Orbih, emphasised the importance of the technological upgrade, stating it “is a strategic shift designed to position Nigeria at the forefront of global trade efficiency, security, and transparency.

     Adeniyi acknowledged the valuable contributions of all Stakeholders in the sector, ranging from the bonded warehouse representatives to terminal operators, shipping lines, transport, and badge operators.

    According to him: “Your dedication and expertise are vital to the success of our collective efforts in modernizing Nigeria Customs operations. We have come together today to discuss a transformative milestone that is set to revolutionise the way we operate – The Automated Transit Process.

    “This is not just a technological upgrade; it is a strategic shift designed to position Nigeria at the forefront of global trade efficiency, security, and transparency,” he stated.

    Read Also: Ogun Customs intercepts N279.5m contraband

    To him, the new process is designed to improve the movement of goods across Nigeria’s borders by leveraging state-of-the-art technology. “Our goal is simple: to reduce the time and complexity involved in customs clearance, minimize the risks of cargo diversion, and ultimately improve the efficiency of our supply chain,” Adeniyi said.

    The key objectives of the new initiative include the following:

    Speeding up customs clearance: By automating transit processes, we can reduce bottlenecks, shorten clearance times, and provide faster access to goods. This means less waiting time at ports and terminals, which benefits importers, exporters, and everyone in the logistics chain.

    Reducing the risk of cargo diversion and improving tracking:  With real-time tracking and data transparency, the risk of cargo being diverted or lost will be significantly minimized. We can ensure that every shipment is tracked accurately from point A to point B, boosting confidence among stakeholders.

    Increasing transparency and accountability: The new system offers greater visibility into every step of the customs process, which means there will be fewer opportunities for corruption or errors. This will foster trust between customs and our partners, ensuring compliance with best practices and global standards.

    Promoting international best practices: “By embracing automation, we will not only enhance local operations but also align with global standards. This will facilitate smoother trade relationships with our international partners and increase Nigeria’s attractiveness as a trade destination.

    The benefits of the Automated Transit Process, the CGC said, “Are far-reaching, including but not limited to increased efficiency, reduced operational costs, improved revenue collection, enhanced security and reduced risks; the system will help combat smuggling and illicit trade by providing real-time insights into the movement of goods. This makes it easier for us to identify irregularities, enhance border security, and safeguard national interests.

    “Furthermore, the Automated Transit Process will strengthen accountability and transparency by removing manual processes and introducing automated checks, we ensure a level of transparency that will be beneficial to all parties involved. Importers, exporters, and logistics companies will be able to track their shipments in real-time, eliminating uncertainties and promoting trust,” he explained.

    To ensure a smooth transition, the ACG re-emphasised the importance of collective actions to achieve a common goal, continuous dialogue, training, and support.

    This collective effort, Adeniyi said, would help make the automated transit process a success, positioning Nigeria as a key player in global trade while maintaining an efficient, transparent, and accountable environment for all stakeholders.

  • Customs intensifies use of advanced technology for border security

    Customs intensifies use of advanced technology for border security

    ..as CGC engages NSA on strategic collaboration

    The Nigeria Customs Service (NCS) is ramping up efforts to deploy advanced technology to strengthen border security, intelligence gathering, and enforcement operations.

    The Comptroller-General of Customs (CGC), Adewale Adeniyi, reaffirmed this commitment during a courtesy visit to the National Security Adviser (NSA), Malam Nuhu Ribadu, on Wednesday.

    Adeniyi emphasized the critical role of technology in modern border management, particularly in combating smuggling, trafficking, and other cross-border crimes.

    He highlighted the NCS’s adoption of Geospatial technology as a key component of its surveillance strategy, aligning with global best practices while addressing Nigeria’s unique border security challenges.

    “Technology remains the key to effective border management in today’s rapidly evolving security landscape. The Nigeria Customs Service is committed to deploying Geospatial technology and other innovative tools to enhance our surveillance, intelligence gathering, and enforcement capabilities. These efforts are designed to align with international best practices while addressing Nigeria’s unique border security challenges,” the CGC stated.  

    He further explained that these technology-driven measures would not only help curb illicit activities but also facilitate legitimate cross-border trade, ensuring a more efficient and transparent system.  

    Responding to the Adeniyi’s remarks, Ribadu, commended the Service for its proactive approach, recognising the critical role of technological advancements in national security and trade facilitation.  

    “The Customs Service has demonstrated a commendable commitment to modernisation and efficiency in securing our borders. Integrating advanced technology into border management is a step in the right direction and aligns perfectly with our broader national security objectives. We are confident that these innovations will enhance border control operations while ensuring that legitimate trade is not hindered,” the NSA remarked.  

    The discussions also reinforced the need for stronger inter-agency collaboration in addressing security threats and ensuring national stability even as Ribadu assured Adeniyi of continued support for Customs’ modernisation drive, stressing the importance of intelligence sharing and coordinated enforcement strategies to bolster Nigeria’s border security framework.

  • Anti-smuggling: Customs seizes 29,825 litres of petrol in three weeks

    Anti-smuggling: Customs seizes 29,825 litres of petrol in three weeks

    Operatives of the Nigeria Customs Service (NCS), carrying out anti-smuggling activities across international borderlines in Adamawa and Taraba states, have seized a total of 29,825 litres of petrol allegedly intended to be smuggled out of the country.

    The seizures were made within the last three weeks, according to the Adamawa/Taraba Area Controller of the NCS, Garba Bashir.

    The petrol, packed in 1,149 25-litre Jerry cans and four 220-litre drums, was seized along with three tinted cars, one of them fitted with a concealed drum in which some of the petrol was loaded.

    Garba Bashir, who called a news briefing Wednesday on the seizures, indicated that the seized petrol consignments were packed with intent for smuggling into the adjacent Republic of Cameroon.

    Read Also: Customs seizes N274m smuggled petrol

    He mentioned other items seized within the time in view as 11 bales of second-hand clothing, eight 200-litre drums and 35 25-litre Jerry cans of methylene chloride, which comes by the street name of suck & die.

    He gave the aggregate duty paid value of the seized items as N51, 947,500.

    Addressing newsmen at the press briefing in his office at the Adamawa/Taraba Area Command headquarters of the NCS in Yola, Bashir said the seizures were made through sheer resolve to stop smugglers from sabotaging legitimate fuel supply activities within the country.

    “Remember, in our last press briefing here in Yola, I promised that illegitimate marketers would not have fresh air until they forsake economic sabotage and embrace genuine business,” he told the newsmen.

    On revenue generation generally, Bashir said the Adamawa/Taraba Area Command surpassed its target in 2024, generating N173,609,941 against the N132,000,000 targeted for that year.

  • Customs launches B’Odogwu cargo clearance system

    Customs launches B’Odogwu cargo clearance system

    The Nigeria Customs Service (NCS) has started the gradual implementation of the Unified Customs Management System for cargo clearance in Nigerian ports.

    Once fully implemented, the homegrown system, named B’Odogwu, will facilitate trade and streamline cargo clearance in under eight hours.

    A pre-launch event was held yesterday for stakeholders and customs officials at the Apapa and Tincan commands.

    Speaking at the event, Comptroller-General of Customs, Bashir Adeniyi, said the Federal Government had stopped renewing contracts with previous service providers due to the new system’s rollout.

    According to him, the government initially engaged a service provider to support customs operations, a contract that lasted for over a decade.

     “The Federal Government has stopped renewing the contract for the previous provider, which established the NICIS platform.

     “Government has now engaged another provider, Trade Modernisation Project (TMP), while Customs has introduced B’Odogwu to offer stakeholders a more robust cargo clearance process,” Adeniyi said.

    He described the pre-launch as a significant milestone, marking the transition towards global trade classification under the Trade Modernisation Project.

    According to him, B’Odogwu has already shown success, though stakeholders at Port and Cargo Multi Service Ltd (PTML) Customs Command have faced challenges integrating banks into the platform.

     “As of Feb. 27, I met with the Governor of the Central Bank of Nigeria (CBN), Mr Olayemi Kadoso, who has endorsed B’Odogwu,” Adeniyi added.

    Read Also: Customs boss accuses companies operating in Free Trade Zone of violating tax laws

     He urged stakeholders to continue their collaboration efforts to address challenges before the system’s full implementation.

    Adeniyi recalled that when NICIS was introduced in 2013, it faced initial difficulties, which were later resolved with stakeholder support.

    He stated that full implementation of B’Odogwu would significantly reduce processing times, minimise errors, and enhance efficiency.

     Deputy Comptroller-General for ICT and Trade, Kikelomo Adeola, said initial implementation showed the platform would help lower business costs.

     “We prioritise training for stakeholders so they fully understand the process before full implementation at Apapa and Tincan Island,” she said.

    Assistant Comptroller-General of Customs, Zone ‘A’ Coordinator, Charles Orbih, commended the CGC for introducing three pillars: Conservation, Collaboration, and Innovation.

    Orbih noted that the service’s transformative initiative would reshape NCS operations globally. He added that B’Odogwu was first launched in October 2024.

    He emphasised that B’Odogwu would position Nigerian ports as a model for customs innovation worldwide.

    In his welcome address, the Controller of Apapa Customs Command, Babatunde Olomu, praised the CGC for implementing B’Odogwu to boost revenue generation.

     “We have concluded a series of training sessions with stakeholders and officers to ensure effective implementation of the indigenous platform,” he said.

    He urged stakeholders to use the pre-launch as an opportunity to highlight challenges so they can be addressed before full implementation.

    Controller of PTML, Tenny Daniyan, said processing a Single Goods Declaration (SGD) now takes less than an hour under B’Odogwu.

     “PTML Command has generated N120 billion since implementing B’Odogwu and processed 16,000 SGDs.

     “Although we faced teething problems at the start, with the CGC’s intervention and discussions with the CBN Governor, our issues have been resolved,” Daniyan said.

    B’Odogwu, the Unified Customs Management System (UCMS), was developed by NCS ICT officers. It was given an indigenous name to enhance stakeholder engagement.

  • Customs, CBN strengthen partnership for tech-driven trade, revenue reforms

    Customs, CBN strengthen partnership for tech-driven trade, revenue reforms

    …as NCS expands B’Odogwu nationwide

    The Nigeria Customs Service (NCS) and the Central Bank of Nigeria (CBN) are deepening their collaboration to enhance trade facilitation and revenue generation through technology-driven reforms.

    As part of this effort, the NCS is set to roll out its indigenous B’Odogwu trade facilitation system across various commands nationwide, replacing the Nigerian Integrated Customs Information System (NICIS) II.

    During a courtesy visit to the CBN on Thursday, February 27, 2025, Comptroller-General of Customs, Adewale Adeniyi, met with the apex bank’s governor, Olayemi Cardoso, to discuss the seamless integration of financial institutions into the new platform.

    “The initiative is expected to modernise Customs operations, improve efficiency in trade documentation, and enhance revenue collection,” Adeniyi stated.  

    He emphasised the need for stronger collaboration between Customs and financial institutions, particularly in automating foreign exchange transactions and trade-related payments. 

    Read Also: Troops kill 217 terrorists, arrest 122 oil thieves in February

    The B’Odogwu system, introduced after the expiration of a previous service provider’s contract, is expected to drive efficiency and transparency in Nigeria’s trade processes.  

    “We began piloting the B’Odogwu programme at the Port and Terminal Multi-services Limited (PTML) Area Command in Lagos and engaged all stakeholders, including the Central Bank. Three months into the pilot phase, we integrated key trade documentation processes such as Form M and Pre-Arrival Assessment Report (PAAR) but encountered initial challenges, particularly resistance from some of the Authorised Dealer Banks (ADBs),” Adeniyi noted.  

    He urged the CBN to grant the necessary approvals for banks to integrate into the system, which would enable seamless transactions and improve the ease of doing business.  

    Adeniyi also highlighted inefficiencies in the manual transmission of prevailing exchange rates from the CBN to Customs for duty collection, calling for an automated approach to enhance accuracy and timeliness. 

    While appreciating the apex bank’s support, he stressed the importance of continued collaboration to ensure the smooth nationwide deployment of B’Odogwu.  

    Responding to the Customs boss, Cardoso commended the NCS for its commitment to innovation and assured the CBN’s backing in implementing the initiative successfully.  

    “I am pleased to see a new direction in Customs operations. Collaboration is key, and we will continue to work closely to ensure seamless integration. Our commitment is to provide the necessary support so that the banking sector aligns with this transition,” Cardoso said.  

    He further pledged that the CBN would ensure commercial banks comply with directives aimed at improving trade processes and enhancing revenue collection efficiency.  

    With the pilot phase in Lagos providing valuable insights, the NCS is now set to activate the B’Odogwu system across multiple commands nationwide. 

    The expansion is expected to streamline trade operations, reduce delays, and improve transparency in the nation’s import and export processes.

  • Customs’ new trade facilitation portal goes live

    Customs’ new trade facilitation portal goes live

    The Nigeria Customs Service (NCS) officially launched its Authorised Economic Operator (AEO) programme, marking a major step in its efforts to modernise trade facilitation, reduce the cost of doing business, and enhance supply chain security.

    The initiative, which had a successful pilot phase in April 2024 involving six companies, was unveiled at a high-profile event in Lagos. 

    At the event, the Comptroller-General of Customs, Adewale Adeniyi, said the AEO registration portal would open on February 17 for eligible companies, encouraging compliant businesses to take advantage of the initiative.

    He highlighted the pilot phase’s impressive results, revealing that the trade value of participating companies surged from N185.8 billion in 2023 to N563.8 billion in 2024, while Customs revenue from these companies increased from N18.4 billion to N51.1 billion within the same period. 

     “This contributed to the overall revenue growth of the NCS, which rose from N3.2 trillion in 2023 to N6.1 trillion in 2024,” Adeniyi said. 

    Beyond revenue growth, the programme has significantly enhanced operational efficiency, cutting clearance time from 168 hours (7 days) to an average of 43 hours, surpassing the initial target of 48 hours.

     “This represents a 66.9 per cent reduction in cargo clearance time compared to the pre-AEO status of five days and significantly outperforms the seven-day clearance period required for regular Economic Operators (EOs),” Adeniyi noted. 

    The Customs boss further emphasised the benefits of AEO certification, including faster cargo clearance, fewer physical inspections, priority treatment in customs processes, greater supply chain predictability, cost efficiencies, with pilot companies saving over N100 million within a quarter.

    Read Also: Customs’ AEO programme boosts trade value to NGN 563.8bn in one year – Adeniyi

    He cited a compelling example of a participating company voluntarily disclosing an underpayment of several million naira in duty, describing it as a testament to the trust, transparency, and self-regulation the AEO programme fosters. 

     “The AEO initiative is a key pillar in positioning Nigeria as a reliable and competitive trade partner, aligning with President Bola Tinubu’s vision of a $1 trillion economy by 2030. It supports the administration’s 8-Point Agenda by enhancing food security, job creation, economic growth, and corruption reduction,” Adeniyi added. 

    The Lagos State Governor, Babajide Sanwo-Olu, represented by Commissioner for Commerce, Cooperatives, Trade & Investment, Folashade Ambrose-Medebem, lauded the AEO programme as a “game changer” for trade and security. 

     “This programme is a significant step forward for Nigeria. It will reduce bottlenecks, boost efficiency, and make doing business easier. By granting AEO accreditation to businesses that meet high compliance and security standards, we are not just enhancing security but also ensuring faster cargo clearance, fewer trade barriers, and a more seamless business environment,” he said. 

    Governor Sanwo-Olu emphasised that Lagos State remains committed to supporting the initiative through infrastructure development, policy support, digital transformation, and export promotion. He urged private-sector stakeholders to embrace the programme to maximise its benefits, including reduced operational costs and increased global recognition. 

     “As Nigeria’s commercial and maritime hub, Lagos State will continue to work closely with all stakeholders to create a conducive environment for trade and investment,” he assured. 

    Director-General of the Presidential Enabling Business Environment Council (PEBEC), Princess Zahrah Mustapha, lauded the initiative, calling it a “transformational milestone” in Nigeria’s economic journey. She emphasised that the programme aligns with PEBEC’s mandate of reducing bureaucratic hurdles and enhancing trade efficiency. 

    “A well-functioning customs system is critical to economic expansion. The AEO Programme is a bold step in ensuring that trusted businesses benefit from simplified customs processes, expedited clearances, and reduced operational costs, all of which will improve Nigeria’s trade competitiveness,” Mustapha stated. 

    She further noted that PEBEC has spearheaded over 200 verifiable reforms since its inception in 2016 and remains committed to ensuring regulatory frameworks align with global best practices.  

    The President of the National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Oye, commended the Service for its efforts in trade facilitation, highlighting the broader role of Customs beyond revenue collection. 

     “Customs plays a crucial role in facilitating trade, implementing risk management strategies, enforcing trade agreements, and providing transparency in customs operations,” he noted. 

    He called for more support from the organised private sector, which represents 97 per cent of Nigeria’s economy, to further bridge the country’s budget deficit through increased productivity rather than relying on borrowing or higher taxes. 

     “If the government wants the private sector to help cover the N13 trillion deficit in the 2025 budget, it must ensure that businesses have access to affordable capital and trade-friendly policies,” Oye stated, urging collaboration between Customs and trade facilitation agencies. 

    A major highlight of the event was the official presentation of AEO certifications to the six pilot companies including Lelook Nigeria Limited, FrieslandCampina WAMCO Nigeria PLC, 11PLC (formerly Mobil Oil Nigeria Plc), First Class Refreshment Limited, Huawei Technology Company Nigeria Limited and Ideal Royal Crown Logistics Limited. 

    The successful implementation of the AEO programme, combined with Nigeria’s recent adoption of a single-window trade system, is expected to further enhance trade efficiency, attract foreign investment, and position Nigeria as a leading trade hub in West Africa. 

    The launch of the AEO programme marks a significant step towards modernising Nigeria’s trade landscape. With its potential to cut delays, reduce costs, and boost revenue, industry players have posited that the initiative aligns with the government’s economic diversification goals and promises to strengthen Nigeria’s global trade position.

  • Customs’ AEO programme boosts trade value to NGN 563.8bn in one year – Adeniyi

    Customs’ AEO programme boosts trade value to NGN 563.8bn in one year – Adeniyi

    The Nigeria Customs Service (NCS) has announced that its newly introduced Authorised Economic Operator (AEO) programme has significantly boosted trade value among participating companies.

    The six companies involved in the pilot scheme increased their collective trade from NGN 185.8 billion in 2023 to NGN 563.8 billion in 2024. 

    Speaking at the official launch of the AEO programme in Lagos, Comptroller General of Customs, Adewale Adeniyi, highlighted the initiative’s impact on revenue generation, which surged from NGN 18.4 billion in 2023 to NGN 51.1 billion in 2024. 

    The AEO programme, designed to enhance trade facilitation and compliance with global supply chain security standards, will now be expanded to include companies in key industries such as manufacturing, agriculture, and logistics. 

    Adeniyi assured stakeholders that the AEO registration portal will open on February 17 for eligible companies, urging compliant businesses to apply and benefit from the initiative.

    Speaking on the impacts of the scheme on operational efficiency, Adeniyi said, “We set an ambitious target to reduce clearance time from 168 hours to 48 hours. By December 31st, 2024, our AEO-certified companies were achieving an average release time of 43 hours – surpassing our target by 5 hours.

    This, he said, “Represents a remarkable 66.9% reduction in cargo clearance time compared to the pre-AEO status of 5 days and significantly outperforms the 7-day clearance period required for regular Economic Operators (EOS).”

    Read Also: First direct ship from China arrives Lagos port in 27 days

    The key benefits of the AEO programme, outlined by Adeniyi, include accelerated Customs clearance processes; substantial reduction in physical inspections; priority treatment in Customs processes; enhanced predictability in supply chain operations; and measurable cost efficiencies.

    He pointed out that the pilot companies achieved cost savings exceeding N100 million within a quarter.

    According to him: “The true measure of this partnership’s success is beyond the metrics, it is in the quality of relationships we are building. One compelling example is how our AEO partners have embraced the principle of self-regulation. Recently, one of our pilot beneficiaries demonstrated exceptional integrity by voluntarily disclosing an underpayment of duty amounting to several millions of naira. This level of trust and transparency where partners self-audit and bring oversights to our attention – exemplifies the essence of the AEO programme,” Adeniyi said.

    He said through these successes, Nigeria is positioning itself as a reliable, predictable, and competitive trading partner, aligning with President Bola Ahmed Tinubu’s vision of achieving a $1 trillion economy by 2030.

    “The AEO programme strategically complements the President’s 8-Point Agenda by supporting food security through faster clearance of agricultural inputs and machinery; contributing to economic growth through trade facilitation; creating jobs through expanded business opportunities; improving access to capital by reducing operational costs for businesses; and fighting corruption through enhanced transparency in customs processes.

    “Furthermore, it reinforces the administration’s commitment to boosting non-oil exports, strengthening agricultural value chains, and improving the manufacturing sector’s competitiveness. This programme also supports the government’s focus on technological advancement and digital transformation of government services, while contributing to the Presidential initiative on Customs modernization,” Adeniyi said.

    At the event was the Lagos State governor, Babajide Sanwo-Olu who was represented by Commissioner for Commerce, Cooperatives, Trade & Investment, Folashade Kaosarat Ambrose,  the Managing Director of Nigerian Ports Authority (NPA) Dr Abubakar Dantsoho, and the Executive Secretary of Nigerian Shippers Council, Pius Akutah

    Others are Director General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Charles Odii, President of the National Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Kelvin Oye, Director-General of the Presidential Enabling Business Environment Council (PEBEC), Princess Zahrah Mustapha, all of them said they were happy that the AEO programme has the potential to reduce bottlenecks, facilitate trade and meet international standard.