The World Customs Organisation, WCO has commended SIFAX Group for its strategic importance and the excellent service that has become the hallmark of the business conglomerate. This recognition was given during the presentation of a “Certificate of Merit” to the company by WCO during this year’s International Customs Day celebration in Abuja, Nigeria, with the theme “Customs Delivering on its Commitment to Efficiency, Security, and Prosperity.” The World Customs Organization, WCO is an intergovernmental organization headquartered in Brussels, Belgium. WCO works on customs-related matters including the development of international conventions, instruments, and tools on topics such as commodity classification, valuation,…
Author: Saint Augustine
After over a decade of failed attempts to implement international trade Single Window in Nigeria, the Comptroller-General General of the Nigeria Customs Service, NCS, Bashir Adewale Adeniyi has identified hydra-headed factors that have undermined every effort on the project and proffered ways to make it work. According to the World Customs Organisation, WCO, a Single Window, SW is a trade facilitation concept that enables traders and businesses to submit standardised information and documents through a single entry point to fulfil all regulatory requirements related to import, export, and transit. It simplifies and streamlines interactions with government authorities, thereby improving efficiency…
… Seals partnership deal with Dangote, MRS …Inaugurates Lagos chapter Executive It was a ceremonial event yesterday as all stakeholders in the downstream sector of the Petroleum gathered to witness the issuance of gas distribution/importation licenses to the first batch of accredited marketers by the Nigerian Midstream and Downstream Petroleum Regulatory Agency, NMDPRA. Among the first batch of the licensees included NGML, NIPCO, AXXELA, FALCON, and SNG. A statement by the National Public Relations Officer of Petroleum Products Retail Outlets Owners Association of Nigeria, PETROAN, Dr. Joseph Obele in Abuja on Tuesday disclosed that the association was among other key…
… Says high customs duty can lead to several negative consequences The National President of the Africa Association of Professional Freight Forwarders and Logistics of Nigeria, APFFLON, Otunba Frank Ogunojemite has faulted the N12 trillion revenue target set for Nigeria Customs Service, NCS by the National Assembly describing it as an ill-advised recommendation. Recall that the National Assembly through its Joint Committee on Finance significantly increased the 2025 revenue projections for the Nigeria Customs Service, NCS during a budget defence session in Abuja, raising the NCS’s initial revenue target from N6.5 trillion to a bold N12 trillion. The Comptroller-General of…
… It will help realisation of $1 trillion economy by 2031, says FIRS Chairman There can be no better time than now for the take-off of the National Single Window initiative aimed at eliminating bureaucratic delays in export and import processes to boost trade efficiency and enhance economic growth. This was the consensus of stakeholders and industry experts at the opening of a three-day workshop on the presidential initiative called the National Single Window project launched by President Bola Tinubu in April, 2024. The stakeholders, including the Minister of State for Finance, Dr. Doris Uzoka-Anite, Minister of Marine and Blue…
Chief Afam Chukwuma is the Deputy President of the National Association of Government Approved Freight Forwarders and Managing Director/Chief Executive Officer of the International Supply Chain System. In this interview with our correspondent, he bares his mind on the just concluded International Customs Day celebration, B’Odogwu and so much more. Excerpts: The World Customs Organization members administrations celebrated the International Customs Day yesterday (Sunday) but Nigeria Customs Service is celebrating its own today (Monday). Do you think there’s anything for NCS to celebrate? First of all, let me say that Nigeria does not exist in isolation and the Nigeria Customs…
The Nigeria Customs Service, NCS commemorated International Customs Day 2025 on Monday, 27 January, at the Customs House in Abuja, highlighting its achievements in trade facilitation, border security, and economic development under the theme, “Customs Delivering on its Commitment to Efficiency, Security, and Prosperity.” The Comptroller-General of Customs, CGC, Adewale Adeniyi, in his remarks lauded the Service’s record-breaking N6.1 trillion revenue collection in 2024, which exceeded its target by 20.2% and marked a 90.4% year-on-year increase. He attributed this milestone to strategic reforms, innovative processes, and the adoption of advanced technologies such as the indigenous B’Odogwu customs clearance platform, which…
A leading multinational organization with investments in maritime, aviation, logistics, oil and gas, hospitality, and financial services, SIFAX Group has refuted a viral video claiming that one of its subsidiaries, Ports and Cargo Handling Services Limited, has put up over 3,000 containers for sale. Reacting in a statement in Lagos on Monday, the management of the organization disclosed that although the individual in the video who identified himself as Oloja Oluwasegun was seen wearing the Group’s branded jacket, a thorough investigation by the Group revealed that the individual had never been employed by SIFAX Group or any of its subsidiaries.…
As Customs expand the areas of coverage for the newly deployed B’Odogwu, the Deputy National President of the National Association of Government Approved Freight Forwarders, NAGAFF, Chief Afam Chukwuma has assured that the leadership of the freight forwarding associations would give maximum support to the Nigeria Customs Service, NCS and the federal government to ensure that the platform is successful. Chukwuma, who stated this in an interview with our correspondent in Lagos on Monday, observed that with the successful deployment of B’Odogwu, trade would be seamless, save time and unnecessary bills as well as save the demurrages which he said…
The Tincan Island Port Customs Command of the Nigeria Customs Service, NCS, today, marked the International Customs Day, ICD with a call on the officers to always remember that their work has far-reaching implications for the lives of millions nationally and billions continentally. The event which was marked globally yesterday with the theme, “Customs Delivering On Its Commitment To Efficiency, Security And Prosperity “, was celebrated today at the Command’s Headquarters at Tincan Island Port. Speaking in his welcome address, the Customs Area Controller of the command, Comptroller Frank Onyeka stated that this year’s theme tallied deeply with the very essence…