‘Customs easing export processing to boost forex earnings’

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‘Customs easing export processing to boost forex earnings’
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The Nigeria Customs Service (NCS) has created a one-stop-shop that removes delays that lead to rejection of Nigerian export in the international markets.

has created a one-stop-shop that removes delays that lead to rejection of Nigerian export in the international markets.

Odusanya said the service was also collaborating with other government agencies and stakeholders to boost the nation’s foreign exchange earnings. Odusanya said the approval given by the Federal Government to export processing terminals has strategically positioned the country to optimise the the benefits in the African Continental Free Trade Area Agreement.

The terminals, according to him, are certified as pre-gates for exports where export goods would be sorted, inspected, certified, sealed, and escorted by the officials of the service to the port for shipment into the international market.

 

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