• About us
  • Advertise
  • Privacy & Policy
  • Contact
Wednesday, May 14, 2025
  • 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 Top stories

How Leveraging on AEO Trade Facilitation Initiatives Aided Reduced Clearance Time – CGC Adeniyi

Admin by Admin
February 16, 2025
in Top stories
Reading Time: 2 mins read
0
Share on FacebookShare on TwitterShare on Whatsapp

By Nkechi Eze

The Nigeria Customs Service (NCS) on Friday, 14 February 2025, officially launched the Authorised Economic Operators (AEO) programme to enhance trade facilitation and reduce clearance times.

Speaking at the event held at the Lagos Continental Hotel, Victoria Island Lagos, Comptroller-General of Customs (CGC) Adewale Adeniyi highlighted the crucial role of trust and collaboration in the programme’s success.

“This partnership is built on mutual trust between Customs authorities and business entities, offering reciprocal benefits through official recognition of reliable business partners. Maintaining trusted operator status requires continuous investment in compliance and security measures,” the CGC stated.

He noted that the pilot phase, which began on 15 April 2024, had been highly successful. The six pilot AEO companies demonstrated remarkable growth, with their collective trade value soaring from NGN 185.8 billion in 2023 to NGN 563.8 billion in 2024.

Reaffirming the NCS’s commitment to efficiency and security, CGC Adeniyi stated: “As we fully implement the AEO programme today, our dedication to efficiency, security, and prosperity remains unwavering. The early success of our pilot phase has shown that we can achieve—and surpass—our targets, setting new benchmarks for trade facilitation in Africa.”

He further announced that the AEO portal will open on 17 February 2025 for eligible importers, exporters, terminal operators, logistics companies, customs brokers, and freight forwarders that have demonstrated compliance.

In her welcome address, Deputy Comptroller-General of Customs (DCG) for Tariff and Trade, Caroline Niagwan, stressed the programme’s significance.

“The AEO programme will not only improve port efficiency but also attract investment, reduce costs, and enhance Nigeria’s competitiveness in the global market,” she said, urging stakeholders to support the initiative for national benefit.

A key highlight of the event was the presentation of certificates to the six pilot AEO companies. They expressed gratitude to the NCS for the recognition and pledged to remain compliant and transparent.

ShareTweetSend
Previous Post

Nigeria Customs Service, NPA Collaborate to Boost Port Efficiency

Next Post

NAF BASE KANO GETS BOOST AS CAS COMMISSIONS INFRASTRUCTURE PROJECTS 

Admin

Admin

Related Posts

INEC Debunks Fake Reports on Voter Registration Resumption
Top stories

INEC Debunks Fake Reports on Voter Registration Resumption

May 4, 2025
Top stories

VIOLATIONS: TRIBUNAL UPHOLDS FCCPC’S $220 MILLION FINE AGAINST META AND WHATSAPP

April 25, 2025
NYSC, NDLEA Forge Partnership to Enhance Counselling and Rehabilitation Efforts
Top stories

NYSC, NDLEA Forge Partnership to Enhance Counselling and Rehabilitation Efforts

April 24, 2025
Next Post

NAF BASE KANO GETS BOOST AS CAS COMMISSIONS INFRASTRUCTURE PROJECTS 

Leave a Reply Cancel reply

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

Editor's Choice

PUMA 2025: NiMet’s Leap into the Future of Meteorological Services

PUMA 2025: NiMet’s Leap into the Future of Meteorological Services

May 12, 2025
TROOPS NEUTRALIZE BOKO HARAM INSURGENTS, RECOVER ARMS IN SAMBISA FOREST ASSAULT

TROOPS NEUTRALIZE BOKO HARAM INSURGENTS, RECOVER ARMS IN SAMBISA FOREST ASSAULT

May 12, 2025
  • Trending
  • Comments
  • Latest
NAVY CAPTAIN A. MNGUVE UNVEILS THREE INSPIRATIONAL BOOKS IN LITERARY TRIUMPH

NAVY CAPTAIN A. MNGUVE UNVEILS THREE INSPIRATIONAL BOOKS IN LITERARY TRIUMPH

May 7, 2025
DICON-D7G Nigeria Limited Board Inaugurated to Enhance National Security and Self-Reliance

DICON-D7G Nigeria Limited Board Inaugurated to Enhance National Security and Self-Reliance

March 19, 2025

Coalition Dismisses Arrest Warrant Claim Against Aisha Achimugu

March 18, 2025
CACO Launches Nigeria Localization Barometer Project in Abuja

CACO Launches Nigeria Localization Barometer Project in Abuja

November 11, 2024

MEDIA FOUNDATION SEEKS UPGRADED DIGITAL INFRASTRUCTURE IN NIGERIA

4

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

IDENTIFYING BARRIERS TO WOMEN’S POOR REMUNERATIONS, IT’S EFFECTS ON HOUSEHOLD.  LACK OF INCLUSIVE LABOUR LAWS?

2
PUMA 2025: NiMet’s Leap into the Future of Meteorological Services

PUMA 2025: NiMet’s Leap into the Future of Meteorological Services

May 12, 2025
TROOPS NEUTRALIZE BOKO HARAM INSURGENTS, RECOVER ARMS IN SAMBISA FOREST ASSAULT

TROOPS NEUTRALIZE BOKO HARAM INSURGENTS, RECOVER ARMS IN SAMBISA FOREST ASSAULT

May 12, 2025
GOVERNOR OKPEBHOLO MOVES AGAINST BLACK AXE, VOWS STATEWIDE CULTISM CRACKDOWN

GOVERNOR OKPEBHOLO MOVES AGAINST BLACK AXE, VOWS STATEWIDE CULTISM CRACKDOWN

May 12, 2025
ICPC Teams Up with NELFUND to Promote Fair Access to Education Loans

ICPC Teams Up with NELFUND to Promote Fair Access to Education Loans

May 12, 2025
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

© 2024 Newspeg magazine - powered by Vecrit.

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

© 2024 Newspeg magazine - powered by Vecrit.

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