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Manufacturers, Customs commit to improved trade, competitiveness   

By Tobi Awodipe
21 August 2024   |   6:30 am
Comptroller-General, Nigeria Customs Service (NCS), Adewale Adeniyi, has said the NCS remains committed to supporting the growth and competitiveness of the manufacturing sector and stressed the importance of compliance and integrity.   
Comptroller-General of Customs, Adewale Adeniyi

Comptroller-General, Nigeria Customs Service (NCS), Adewale Adeniyi, has said the NCS remains committed to supporting the growth and competitiveness of the manufacturing sector and stressed the importance of compliance and integrity.   

  
He said the NCS and the Manufacturers Association of Nigeria (MAN) had agreed on certain commitments regarding import and export that would benefit both parties and boost local and regional trade for locally produced goods.
 
Adeniyi revealed this yesterday when he spoke on the strategic role of the NCS in facilitating industrial transformation and catalysing economic growth through manufacturing.  He said the mutual commitments include a streamlined import process for raw materials. 
  
“We’re implementing fast-track clearance procedures for essential manufacturing inputs, which will reduce delays, lower costs and improve production efficiency. We’re also creating dedicated export lanes and simplified procedures to boost the competitiveness of Nigerian manufactured products in the global market. 

“We’re working with MAN and other industry bodies to ensure the smooth implementation of new trade policies and minimise disruptions to manufacturing operations. We’re also aligning our procedures to support the government’s drive for increased local value addition, including tailored incentives for manufacturers, who increase local content in their products.”
  
He urged manufacturers to prioritise compliance with customs regulations and make honest, accurate declarations to build trust, ensure fair competition and get better services. 

 

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