By Ogbagah Matthias & OCHE OBANDE
ABUJA – DETERMINED to boost the country’s trade and economic growth, the Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun has Thursday August, 2024 launched the National Single Window (NSW) Project Kickoff Workshop in Abuja.
The initiative aims to streamline trade processes, reduce bottlenecks, and increase transparency is to positioned Nigeria for unprecedented economic growth.
In his opening address at the event, the Honourable Minister underscored the transformative potential of the NSW in enhancing Nigeria’s trade facilitation and driving economic growth.
According to him the initiative is a key pillar in the federal government’s strategy to improve trade and customs processes, reduce bottlenecks, and increase transparency within the nation’s trade environment.
In a press release signed by the agency’s
Director, Information and Public Relations, Mohammed Manga, HM Edun informed that the Federal Inland Revenue Service (FIRS), led by its Executive Chairman, Dr. Zacch Adedeji, and the Nigerian Sovereign Investment Authority (NSIA) have been designated as the project’s implementing agencies.
Other key stakeholders from various government agencies, including the Nigerian Ports Authority (NPA), the Nigerian Customs Service (NCS), the Nigerian Civil Aviation Authority (NCAA), and the National Agency for Food and Drug Administration and Control (NAFDAC), are actively participating in the workshop.
Their collaboration is crucial to ensuring the successful implementation of the NSW, which is a critical component of President Bola Ahmed Tinubu’s broader economic reforms.
With the launch of the National Single Window, Nigeria is poised to witness a significant leap in trade facilitation and economic growth. The collaboration among key stakeholders and the designation of implementing agencies underscore the federal government’s commitment to this critical component of President Tinubu’s economic reforms. He noted.
As the project moves forward, Nigeria can expect improved trade processes, increased transparency, and a more business-friendly environment, paving the way for a brighter economic future for betterment of the Economy, he said.
