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Home Business NATIONAL SINGLE WINDOW TO TRANSFORM TRADE, DRIVE ECONOMIC STABILITY ­- FINANCE MINISTER.

NATIONAL SINGLE WINDOW TO TRANSFORM TRADE, DRIVE ECONOMIC STABILITY ­- FINANCE MINISTER.

 

Nigeria’s trade sector is set for a major overhaul as the Federal Government prepares to launch the National Single Window project in early 2026. Minister of Finance and Coordinating Minister of the Economy, Wale Edun, says the initiative will simplify cross-border trade, reduce costs, and strengthen economic stability.

Edun spoke in Abuja after presiding over the 63rd quarterly meeting of the Nigeria Customs Service Board, stressing that the project is one of the key legacies of President Bola Ahmed Tinubu’s administration. According to him, the digital platform will integrate all trade-related government agencies, eliminate bottlenecks, and fast-track cargo clearance.

He revealed that Customs has already trained World Customs Organisation–certified officers, drafted business process requirements, and worked with Trade Modernisation Project Limited on vendor selection and technical support.

The Minister added that the reform will complement ongoing fiscal measures that are already helping to stabilise inflation, strengthen the naira, and boost foreign reserves.

Reviewing Customs’ half-year performance, Edun announced that the Service generated N3.68 trillion in revenue between January and June 2025—12 percent above target and 25 percent higher than the same period last year.

He stressed that Customs’ revenue is crucial for the Federation Account and supports all tiers of government, adding that the Single Window project will further increase efficiency and government earnings.

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