Nigerian Customs Aims to Simplify Trade with Single Clearance Document Nigerian Customs is working towards a system that uses a single document for cargo clearance, according to Comptroller General Adewale Adeniyi. This initiative aims to streamline the process and reduce barriers to trade. Adeniyi explained that currently, the clearance process involves multiple documents from various agencies. The new system would combine the requirements of all stakeholders, including the Standard Organization of Nigeria (SON), National Agency for Food and Drug Administration and Control (NAFDAC), Federal Inland Revenue Service (FIRS), and Central Bank of Nigeria (CBN), into one document. This approach is expected to benefit both customs operations and trade in general. It aligns with the International Maritime Organization’s (IMO) goal for nations to achieve a Port Community System (PCS) by 2025. Nigeria’s Customs Integrated Information System (NICIS) is a step towards this goal, and the single document system would be a further integration. By simplifying the clearance process, Nigerian Customs hopes to boost trade efficiency and contribute to the nation’s development. Source: Vanguard Share this: Share on X (Opens in new window) X Share on Facebook (Opens in new window) Facebook Share on LinkedIn (Opens in new window) LinkedIn Share on WhatsApp (Opens in new window) WhatsApp Share on Telegram (Opens in new window) Telegram Like this:Like Loading… Related Post navigation Nigerian drugmakers see 58% revenue rise as prices soar Credit to government rises 2% to N19.98trn