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Customs, AfCFTA Collaborate On Addressing Challenges Of Intra-Africa Trade

by Yusuf Babalola
9 months ago
in Business
Customs
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The Comptroller-General of Customs (CGC), Bashir Adewale Adeniyi, has held a high-level meeting with the Secretary-General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, to discuss ways to enhance intra-African trade and foster deeper economic integration.

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The meeting between the CGC and the gecretary general, held on the margins of the Biashara Afrika 2024 forum, hosted in Kigali, Rwanda, provided a unique opportunity to refine strategies aimed at improving trade facilitation under the AfCFTA agreement.

According to a statement by the Service National Public Relations Officer, Abdullahi Maiwada, the discussions centred on addressing existing bottlenecks and encouraging small and medium-sized enterprises (SMEs) to take advantage of the opportunities provided by the agreement, given their critical role in boosting intra-African trade. Particular emphasis was placed on the role of Customs in these efforts.

The AfCFTA Secretary General praised the Nigeria Customs Service (NCS) for its progressive initiatives, including the pilot phase of the Authorised Economic Operator (AEO) programme, the implementation of Advanced Rulings, and the conduct of Time Release studies.

“These initiatives have positioned the NCS as a benchmark for customs administrations across Africa,” he added.

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In response, the Customs boss commended the Secretary-General for his unwavering commitment to advancing the AfCFTA’s goals, despite the resource constraints faced by the Secretariat.

He also acknowledged the critical support provided by President Bola Ahmed Tinubu’s administration and the legislative arm through the Nigeria Customs Service Act 2023.

“The Act has been instrumental in providing the necessary legal framework for implementing initiatives that align with the government’s vision of making Nigeria the most efficient trading nation on the continent, fostering SME growth, and boosting exports to strengthen intra-African trade,” he said.

The high point of the conversation was the recent achievement of Chinwe Ezenwa, CEO of LE LOOK Nigeria Limited, who became the first woman to export goods under the Guided Trade Initiative (GTI) of the AfCFTA to East, Central, and North African countries.

Her success, marked by the export of goods on 16th July 2024 from Apapa Port in Lagos, underscores the growing opportunities for Nigerian businesses in the continental market.

 

A key outcome of the meeting was the AfCFTA Secretariat’s commitment to develop a concept note outlining the way forward for the free trade area. In turn, the NCS pledged to bring these discussions to the Heads of Customs Administrations platform in Africa, ensuring a coordinated approach to addressing customs-related challenges across the continent.


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Tags: Customs Service ((NCS)
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