The Nigerian Customs Service (NCS) is collaborating with the Central Bank of Nigeria (CBN) to achieve a stable exchange rate for goods and cargos imports, enabling businesses to plan, operate and facilitate the customs clearing of goods process effectively.
The Service is also working to address food inflation by making it unprofitable for food hoarders.
Comptroller-General Bashir Adeniyi highlighted the NCS’s efforts to facilitate trade, reduce costs, and improve revenue collection during a press conference. He emphasized the importance of protecting society from illicit substances, arms, and smuggling, which pose a significant threat to national security.
The NCS is modernizing its processes, engaging stakeholders, and implementing trade agreements like the African Continental Free Trade Area (AfCFTA) to benefit Nigerians.
The Service remains committed to transparency and sharing relevant information, ensuring open governance.”
