Close Menu
News African MulNews African Mul
  • Home
  • Politics
  • Entertainment
  • News
  • Politics
  • Sports

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

What's Hot

Dominican University Seeks Olubadan’s Endorsement for Global AI Conference

April 11, 2026

OEQA STRATEGIC PLAN TO BOOST LAGOS EDUCATION STANDARDS – COMMISSIONER*

April 9, 2026

Hon. Chief Mrs. Folasade Oba Bags Female Grassroots Politician Of The Year At Dascenario Awards 2025, Inducted As Matron

April 7, 2026
Facebook X (Twitter) Instagram
Trending
  • Dominican University Seeks Olubadan’s Endorsement for Global AI Conference
  • OEQA STRATEGIC PLAN TO BOOST LAGOS EDUCATION STANDARDS – COMMISSIONER*
  • Hon. Chief Mrs. Folasade Oba Bags Female Grassroots Politician Of The Year At Dascenario Awards 2025, Inducted As Matron
  • ‎NIMASA DG FELICITATES CHRISTIANS AT EASTER
  • ‎Bishop Martins urges Tinubu to intensify actions in addressing Nigeria’s current challenge
  • MIMA 2026: Compt. Frank Onyeka Clinches two Awards in Revenue Generation, Anti-Smuggling
  • President Tinubu’s Visit: Plateau and the Death of Promise
Facebook X (Twitter) Instagram
News African MulNews African Mul
Demo
  • Home
  • Politics
  • Entertainment
  • News
  • Politics
  • Sports
News African MulNews African Mul
Home»Uncategorized»National Single Window Will Boost Trade, Stabilise Economy — Hon. Minister of Finance
Uncategorized

National Single Window Will Boost Trade, Stabilise Economy — Hon. Minister of Finance

NewsafricanmulBy NewsafricanmulSeptember 4, 2025No Comments6 Views
Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email

The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says implementing the National Single Window project will significantly transform trade facilitation in Nigeria and reinforce the stabilisation of the economy.

Speaking to journalists shortly after chairing the 63rd quarterly meeting of the Nigeria Customs Service Board on Tuesday, 2 September 2025, at the Customs House in Maitama, Abuja, Edun explained that the initiative, scheduled for rollout in the first quarter of 2026, will integrate digital automation and enhance efficiency in import and export processes.

“The National Single Window is a legacy project of President Bola Ahmed Tinubu. It will revolutionise trade by reducing bottlenecks, cutting costs, and speeding up cargo clearance. This combination of digital automation and efficiency will significantly boost our economy.” The Minister said.

He noted that Customs had already deployed WCO-accredited officers, who contributed to drafting business process requirements, and participated in vendor selection, with continued technical support from the Trade Modernisation Project Limited.

Recall that the National Single Window initiative was formed by President Bola Tinubu’s administration to unify all trade-related government agencies on a single digital platform, harmonise clearance processes, reduce bureaucracy, and promote Nigeria’s competitiveness in global commerce.

Minister Edun added that the reform would complement ongoing fiscal measures, which have already begun stabilising inflation, improving the exchange rate, and strengthening Nigeria’s trade balance and foreign reserves.

Reviewing Customs’ half-year performance, the Minister disclosed that between January and June 2025, the Service collected N3.68 trillion in revenue, surpassing projections by 11.85 per cent and reflecting a 25 per cent rise compared to the same period in 2024.

“Revenue for the first six months stood at about N3.7 trillion, which is above target by almost 12 percent and represents a strong improvement over last year. Customs has demonstrated that reforms and technology can significantly enhance revenue mobilisation.” He said.

The Minister stressed that the performance was crucial not only to the federal government but also to state and local governments, given Customs’ contribution to the Federation Account.

“The revenue being generated feeds directly into the Federation Account and supports the budget of all tiers of government. With the Single Window initiative fully operational, we expect even greater efficiency and higher returns.” Minister Edun stated.

Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email
Newsafricanmul
  • Website

Related Posts

Dominican University Seeks Olubadan’s Endorsement for Global AI Conference

April 11, 2026

OEQA STRATEGIC PLAN TO BOOST LAGOS EDUCATION STANDARDS – COMMISSIONER*

April 9, 2026

Hon. Chief Mrs. Folasade Oba Bags Female Grassroots Politician Of The Year At Dascenario Awards 2025, Inducted As Matron

April 7, 2026
Leave A Reply Cancel Reply

Demo
Top Posts

MWUN PG Comrade Bunu Commends MAJAN Leadership, Assures members Of Brighter Days Ahead

August 8, 20251,518

We are committed to combating smuggling, protecting Nigeria’s economy – Comptroller Shuaib

August 15, 20251,505

Importation, Distribution of Highly Toxic Pesticides: AAPN calls for Accountability

August 8, 2025707

TINCAN ISLAND PORT RECORDS ₦16.4 BILLION IN A SINGLE-DAY VIA BODOGWU PLATFORM

August 21, 2025676
Don't Miss

Dominican University Seeks Olubadan’s Endorsement for Global AI Conference

By NewsafricanmulApril 11, 20265

A delegation from Dominican University, Samonda, Ibadan has paid a courtesy visit to the Olubadan…

OEQA STRATEGIC PLAN TO BOOST LAGOS EDUCATION STANDARDS – COMMISSIONER*

April 9, 2026

Hon. Chief Mrs. Folasade Oba Bags Female Grassroots Politician Of The Year At Dascenario Awards 2025, Inducted As Matron

April 7, 2026

‎NIMASA DG FELICITATES CHRISTIANS AT EASTER

April 5, 2026
Stay In Touch
  • Facebook
  • Twitter
  • Pinterest
  • Instagram
  • YouTube
  • Vimeo

Subscribe to Updates

Get the latest creative news from SmartMag about art & design.

Demo
© {2025} ThemeSphere. Designed by ThemeSphere.
  • Home
  • Politics
  • Entertainment
  • News
  • Politics
  • Sports

Type above and press Enter to search. Press Esc to cancel.

...
►
Necessary cookies enable essential site features like secure log-ins and consent preference adjustments. They do not store personal data.
None
►
Functional cookies support features like content sharing on social media, collecting feedback, and enabling third-party tools.
None
►
Analytical cookies track visitor interactions, providing insights on metrics like visitor count, bounce rate, and traffic sources.
None
►
Advertisement cookies deliver personalized ads based on your previous visits and analyze the effectiveness of ad campaigns.
None
►
Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
None