In a determined move to burst the red tape evident in administrative bottlenecks and allied bureaucracies that have constituted impediments to maximizing the comparative advantages that Nigeria’s maritime endowments confer, President Ahmed Tinubu on Tuesday, inaugurated the Steering Committee on the Implementation of the National Single Window Project.
The Single Window solution interconnects all stakeholders involved in foreign trade and enables them to perform trade procedures on one platform. The Single Window provides a comprehensive online environment for all governmental and business users such as importers, exporters, declarants, commercial banks, carriers, Customs, ministries, and other government agencies to perform trade operations.
By simplifying and automating Customs and trade processes, traders and government agents benefit from smoother processes that enable a reduction of clearance times.
The Unified Trade Window secures government revenue and improves the overall country image in international trade indicators.
The Managing Director of Nigerian Ports Authority(NPA),Mohammed Bello- KoKo who was named by the President as part of the Implementation Committee had earlier led the NPA to enlist the technical guidance of the International Maritime Organization (IMO)in preparedness for the seamless implementation of NSW with the Authority’s finalization of the consultancy for the Port Community System, which lays the groundwork for the National Single Window.
