Saturday, May 18, 2024

Tinubu says ‘National Single Window’ project will facilitate national integration

President Bola Tinubu said introducing the National Single Window (NSW) project would facilitate national and regional integration.

• April 16, 2024
President Bola Tinubu (Credit: Presidency)
President Bola Tinubu (Credit: Presidency)

President Bola Tinubu said introducing the National Single Window (NSW) project would facilitate national and regional integration.

Tinubu said this during the inauguration of the National Steering Committee of the NSW on Tuesday at the Presidential Villa, Abuja.

He said Nigeria would be key to the global revenue enjoyed by other global financial systems, which would benefit from the single-window initiatives of ease of doing business.

The single-window system or single-window concept is a trade facilitation concept which allows an international (cross-border) trader to submit information to a single agency.

It reduces dealing with multiple agencies in multiple locations to obtain the necessary papers, permits, and clearances to complete their import or export processes.

Mr Tinubu pledged to provide the needed conducive environment for the project to succeed in the face of the challenges, adding that he would empower the committee to break all barriers.

The president said, “The national single window is a game changer that will revolutionise the way we conduct trade by simplifying government trade compliance through a digital platform. We unlock the doors to economic prosperity and all other opportunities.

“This initiative will link our ports, government agencies and key stakeholders by creating a seamless and efficient system that will facilitate trade like never before.

“The benefits of this initiative are immense. Paperless trade alone is estimated to bring an annual economic benefit of around 2.7 billion US dollars. Countries like Singapore, Korea, Kenya and Saudi Arabia have already seen significant improvement in trade efficiency after implementing the Single Window System.”

Zacch Adedeji, chairman of the Federal Inland Revenue Service and chairman of the Steering Committee, said Nigeria could gain more than seven per cent gross domestic product growth annually from using the NSW.

He said the initiative would also engender collaborative business information sharing among various stakeholders involved in the import and export business.

“This initiative will serve as a catalyst for achieving an average GDP growth rate of 7% annually and propel Nigeria to new islands of prosperity. The national single window is not just a technological advancement.

“It is the gateway to a more connected, efficient and transparent system by linking our ports, government agencies and key stakeholders,” he said.


We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.

More from Peoples Gazette

Katsina State


Katsina youths pledge to deliver over 2 million votes to Atiku

“Katsina State is Atiku’s political base because it is his second home.”

President Bola Tinubu


Nigeria safe for investments, Tinubu tells Chinese investors

“We need each other. The sustainable path to success is a two-way street.”

Former Governor Adegboyega Oyetola


APC will reclaim Osun in 2026, says Oyetola

The minister urged members of the APC to welcome the new members into the party without any discrimination.

Diddy and Cassie


Hotel surveillance camera captures Diddy brutalising ex-girlfriend Cassie

The altercation matched allegations made in a federal lawsuit Cassie filed and later settled in November 2023.

President Bola Tinubu (Credit: Presidency)


ASUU urges FG to tackle insecurity, hardship

He advised the government to urgently review all economic policies.

Nigerian Communications Commission

Heading 1

NCC temporarily suspends issuance of communications licences

“New applications for the aforementioned licences will not be accepted.”

Pep Guardiola and Mikel Arteta


EPL Permutations: How Premier League title could be decided this weekend 

However, the title is still undecided, with Arsenal holding on to hope as they prepare to host Everton.