Monday, March 9, 2026
Home Business NCS COLLABORATES DG TAXUD EU FOR EFFICIENT EXPORT MONITORING, TRADE FACILITATION

NCS COLLABORATES DG TAXUD EU FOR EFFICIENT EXPORT MONITORING, TRADE FACILITATION

The Nigeria Customs Service (NC) says it’s collaborating with  the Directorate General Taxation and Customs Union (DG TAXUD) of the European Union (EU) for efficient export monitoring and trade facilitation as well as documentation
The Comptroller General of  Customs, Bashir Adewale Adeniyi assured that,  the Service will do all it can to facilitate the process, adding that peace will prevail if trade is permitted to flourish.
The CG acknowledged the initiative as working towards economic union by bringing the two economic blocks together.
The CGC however  requested a framework between Customs and DG TAXUD that can be used to verify and validate export commodities.
Stating  the service is interested in a digital platform that will enhance the validation of documents.
According to the Comptroller General, “As part of our outreach program, we are also working with other agencies of the Nigerian government so that we maximize these opportunities. In the past, we’ve had goods from Nigeria returned because of quality, storage, and all of that”.
He said, “We’ve moved to establish a ‘one-stop-shop’ export seat for export documentation so that it will help us reduce the time taken for Nigerian exporters to get their goods out of our port. Earlier this month, we launched the Time Release Studies, which we are targeting towards importing of goods and how much it takes for businessmen to clear their goods in the port”.
Adding that the service is  going to launch a similar exercise to have a scientific measure of how long and how much it costs businessmen to export their products.
“The most important part is to identify if there are bureaucratic modules, procedures, or laws that are creating delays so that people can get their things off our port with speed”.
The CGC said, “My intention for us is to have a system that is better, faster, and easier for us to confirm your request within a very short period. I want us to talk about exportation like we all talk about importation”.
Also speaking, Gary Wilkinson, who works in the Rules of Origin in the Directorate-General Taxation and Customs Union (DG TAXUD) in the EU, said the tariff discount for exported products is 4 percent, so when Nigerian products are exported, they get a discount.
He emphasized that as part of the Generalized System of Preference (GSP) scheme, they occasionally travel to developing countries to ensure that products sent to the European Union are indeed of Nigerian origin.
He stated that specific rules have been put in place to ascertain the origin of products under the GSP scheme. He said all their trade agreements are based on cooperation between the two Customs departments.
RELATED ARTICLES

NAICOM, BPP SEAL MOU TO BOOST INSURANCE COMPLIANCE, GROWTH

    The National Insurance Commission and the Bureau of Public Procurement have signed a Memorandum of Understanding to strengthen insurance compliance in Nigeria’s public procurement...

AIRFARE PROBE: FCCPC FLAGS POSSIBLE PRICE FIXING BY LOCAL AIRLINES

    Nigeria’s aviation market is under scrutiny after the Federal Competition and Consumer Protection Commission (FCCPC) uncovered suspicious fare spikes by domestic airlines during the...

NEPZA, BORNO MOVE TO REVIVE BANKI FTZ

  The Nigeria Export Processing Zones Authority (NEPZA) said it is dedicated to helping the Borno State Government revive the moribund Banki Free Trade Zone. Dr....

Most Popular

Coronavirus disease 2019

Coronavirus disease 2019 COVID-19 is a contagious disease caused by the coronavirus SARS-CoV-2. In January 2020, the disease spread worldwide, resulting in the COVID-19...

Ybets Casino Experience: A Deep Dive into Mobile Gaming

Ybets casino has become a popular destination for gamers seeking a thrilling experience, and one of the key factors contributing to its success is...

Fiji Online Casino: Unlocking the Thrill of High-Stakes Gameplay

A World of Exhilarating Games and Rewarding BonusesAs you step into the world of Fiji Online Casino, you're immediately immersed in a realm of...

Der Nervenkitzel von Big Bass Splash: Ein verrücktes Angelerlebnis

Sich auf Big Bass Splash einlassenDer Moment, in dem du Big Bass Splash spielst, zeigt dir, dass dir ein echtes Vergnügen bevorsteht. Dieses slot...

Recent Comments