Trade facilitation:Customs consolidates on technological advancement

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The Comptroller-General of Nigeria Customs Service, Wale Adeniyi  has reiterated the need to consolidate previous gains achieved in the implementation process of the Trade Modernization Project (TMP) aimed at enhancing trade facilitation.

Adeniyi made this known when he met with members of the TMP Steering Committee in Abuja.

He said the project, which was geared towards the end-to-end automation of the processes and procedures of Customs, included the Unified Customs Management System, Trade Portal, and Cargo Release System.

He added that the project also included automation services such as Big Data and AI Integration and Document Management System, as well as Transition & Handbook, covering Technology Upgrades and enhanced capacity building.

The customs boss said the project had been identified as a milestone, saying the significance of digitisation was for transparency, efficiency, and effectiveness.

“It sets the stage for adapting to evolving market dynamics in trade, optimizing operations and procedures, and creating new pathways to unlock revenue streams.”he said.

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Adeniyi said, the project, which was designed to last for twenty years, had three phases; Core Services, Automation Services, Transition, and Handback.

“This project will be able to address the challenges before us, answer tough questions, and make good decisions that will propel the service forward.

“We will discuss some of the highlights in detail so we can review the implementation of decisions taken.

“I am optimistic that we will have robust discussions and make very good decisions.

“I have also seen some highlights of the reports of the last meeting. Hopefully, along the line, we will discuss those in detail,”he said.

The Chairman, Trade Modernisation Project Limited, Saleh Ahmadu, reiterated his team’s full support for the service.

He said software had been created to integrate revenue collection to support the service’s revenue target of N6 trillion in 2024.

He expressed optimism that the steering committee would strive to overcome their everyday challenges.

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“This is to support the comptroller general’s revenue target of N6 trillion by the year 2024, alongside the many other successes that we will share with you today.

“We have also faced serious challenges, particularly in sourcing foreign exchange,” he said.

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