• About us
  • Advertise
  • Privacy & Policy
  • Contact
Monday, August 31, 2026
  • Login
NewsPeg Magazine logo
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
  • Home
  • News
    • World
    • Business
    • Politics
  • Technology
  • Entertainment
    • Sports
  • Lifestyle
    • Health
No Result
View All Result
NewsPeg Magazine logo
No Result
View All Result
Home News Business

WBG, WCO, IMF Collaborates With NCS On Workshop To Enhance Trade Facilitation On PCA

newspegonline24 by newspegonline24
October 10, 2024
in Business
Reading Time: 2 mins read
0
WBG, WCO, IMF Collaborates With NCS On Workshop To Enhance Trade Facilitation On PCA
Share on FacebookShare on TwitterShare on Whatsapp

In a bid to boost trade facilitation in Post Clearance Audit, the Nigeria Customs Service (NCS), in collaboration with the World Customs Organization, (WCO), the World Bank Group (WBG), and the International Monetary Fund (IMF), holds a five-day workshop.

The workshop, currently holding in Abuja, the Federal Capital Territory, runs from 7th October through to 11th October, 2024 with aim to enhance trade facilitation in Nigeria.

Speaking at the opening ceremony, the Comptroller-General of Customs (CGC), Bashir Adewale Adeniyi  MFR, according to a statement from the Public Relations Officer of NCS, CSC Abdullahi Maiwada, expressed his gratitude to the WCO, WBG, and IMF for their invaluable contributions to the Post Clearance Audit (PCA) reform efforts.

The CGC, who was ably represented by the Assistant Comptroller-General of Customs in charge of Tariff and Trade, Adekunle Oloyode, stated that the workshop is essential for establishing a robust PCA, which complements the Authorized Economic Operator (AEO) programme. According to him, both initiatives are critical to strengthening the compliance framework and advancing the trade facilitation efforts of the Service.

“PCA plays a vital role in ensuring compliance in international trade and safeguarding national revenue long after goods have exited Customs control,” he said.The CGC emphasised that the ability to conduct effective post-clearance audits enables the NCS to detect and prevent commercial fraud, recover lost revenue, and enhance trade facilitation. He noted, “PCA serves as a vital tool in balancing trade facilitation with compliance. A strong PCA framework fosters a secure trading environment, ultimately facilitating smoother international trade”.


He further stated that “they provide real-time insights and knowledge sharing, allowing us to address specific challenges and implement the best practices around the globe, helping to innovate NCS PCA processes”.

The CGC outlined the key areas of the workshop to include risk management, targeting developing data-driven methodologies to identify high-risk transactions, creating detailed audit plans for efficient execution, capacity building, leveraging international expertise and technology, among others and also urged participants to apply what they learned to strengthen the Service’s PCA system and protect national revenue. 

The Assistant Comptroller-General of Customs, Suleiman Chiroma from the Strategic Research and Policy Department of NCS, emphasized that PCA is a tool that ensures the smooth running of Customs processes by introducing measures, methods, and various approaches for seamless transactions. He opined that Collaborations with these organizations is key to the survival and success of the NCS”.

Also speaking, World Customs Organization expert, Russell Clark expressed his appreciation for the collaboration and commended the NCS’s dedication to improving its processes in facilitating trade.

ShareTweetSend
Previous Post

FLOOD DISASTER ASSESSMENT: NEMA BOSS VISITS ONDO STATE 

Next Post

FRC WELCOMES DELEGATE FROM GAMBIA MINISTRY OF FINANCE AND ECONOMIC AFFAIRS

newspegonline24

newspegonline24

Related Posts

NiDCOM Sets Stage For Global Nigerian Investors As Dabiri-Erewa Unveils NIDEC 2026
World

NiDCOM Sets Stage For Global Nigerian Investors As Dabiri-Erewa Unveils NIDEC 2026

April 1, 2026
News

NCC Takes Steps to Safeguard Telecom Consumers’ Rights

April 8, 2025
Business

Save the Consumers Condemns MultiChoice’s Discriminatory Pricing Between Nigerian and South African Subscribers

March 23, 2025
Next Post
FRC WELCOMES DELEGATE FROM GAMBIA MINISTRY OF FINANCE AND ECONOMIC AFFAIRS

FRC WELCOMES DELEGATE FROM GAMBIA MINISTRY OF FINANCE AND ECONOMIC AFFAIRS

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Editor's Choice

Diaspora Visits: Defence Minister Assures Nigerians Of Improved National Security

Diaspora Visits: Defence Minister Assures Nigerians Of Improved National Security

August 30, 2026
NCC Backs Young Innovators, Awards N6m At Technology Without Barriers Hackathon

NCC Backs Young Innovators, Awards N6m At Technology Without Barriers Hackathon

August 30, 2026
  • Trending
  • Comments
  • Latest
NDLEA Raids Lagos Night Club, Arrests Pretty Mike, Uncovers Cocaine Syndicate and Female Loud Distributor in Citywide Crackdown

NDLEA Raids Lagos Night Club, Arrests Pretty Mike, Uncovers Cocaine Syndicate and Female Loud Distributor in Citywide Crackdown

October 26, 2025
Imo Monarch Raises Alarm as 22-Year-Old Abandoned Road Threatens to Cut Off Okwuohia Community

Imo Monarch Raises Alarm as 22-Year-Old Abandoned Road Threatens to Cut Off Okwuohia Community

August 26, 2025
IGP Honors Promoted Officers, Emphasizes Accountability and Professionalism in Policing

IGP Honors Promoted Officers, Emphasizes Accountability and Professionalism in Policing

December 23, 2025
COAS lauds NAOWA’s leadership in boosting morale, welfare and innovation within Army families

COAS lauds NAOWA’s leadership in boosting morale, welfare and innovation within Army families

November 25, 2025

MEDIA FOUNDATION SEEKS UPGRADED DIGITAL INFRASTRUCTURE IN NIGERIA

4
Maiduguri Beyond the Smoke: Secured By Sacrifice, Reclaimed by Hope

Maiduguri Beyond the Smoke: Secured By Sacrifice, Reclaimed by Hope

3

Easter/Eid-el-Fitr: FRSC Records Massive Reduction in Road Crashes.

2
GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

GSAI TRAINS JOURNALISTS TO INTENSIFY ENGAGEMENTS REVOLVING AROUND INVOLVEMENT OF WOMEN IN POLITICS AND GOVERNANCE

2
Diaspora Visits: Defence Minister Assures Nigerians Of Improved National Security

Diaspora Visits: Defence Minister Assures Nigerians Of Improved National Security

August 30, 2026
NCC Backs Young Innovators, Awards N6m At Technology Without Barriers Hackathon

NCC Backs Young Innovators, Awards N6m At Technology Without Barriers Hackathon

August 30, 2026
NDC Candidates Commend Dickson’s Reconciliation Efforts, Set Sights on 2027 Elections

2027 Elections: NDC Raises Alarm Over Alleged Candidate Substitution By INEC

August 30, 2026
Mining Marshals Defend 13-Month Stone Rockers Shutdown, Say Site Is Crime Scene

Mining Marshals Defend 13-Month Stone Rockers Shutdown, Say Site Is Crime Scene

August 30, 2026
NewsPeg Magazine

Newspeg is a General interest Magazine conceived by Nigerian Media practitioners of like minds across ethnic and geo-political divides of the country, for the purpose of creating uniqueness in Magazine reporting in Nigeria and repositioning the country for the needed growth.

Follow Us

  • About us
  • Advertise
  • Privacy & Policy
  • Contact

© 2026 Newspeg magazine - powered by Xtended.

No Result
View All Result
  • Home
  • News
    • Business
    • World
  • Technology
  • Entertainment
  • Lifestyle
  • Editorial
  • Columns
  • More

© 2026 Newspeg magazine - powered by Xtended.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In