Connect with us

Headlines

Implementation of National Single Window will save Nigeria $4 billion lost to corruption at ports annually– Tinubu

The Eyewitness Reporter 

President Bola Ahmed Tinubu has projected that Nigeria will save a whooping sum of $4 billion being lost annually to red tapism and corruption at the nation’s ports when the country digitalizes its trade through national single window project.

Tinubu, who was ecstatic at the prospect of digitalisation of import and export trade at the nation’s ports, made this assertion while unveiling the national single window project at the President Villa on April 16th, 2024.
Describing the project as transformative, the President said it will  propel the nation’s economy to new heights as it will simplify import and export trade by eliminating bureaucracy and corruption.
While inaugurating the committee to drive the project, Tinubu said the initiative has the capability to break long-standing developmental barriers in advancing the progress, prosperity, and well-being of every Nigerian.
He said the project is  a game-changer that will revolutionize the way trade is conducted in the country, and with the Office of the President overseeing the steering committee that will drive the reform process forward.
The  President said by simplifying government trade compliance through a digital platform, Nigeria will unlock the doors to economic prosperity.
 “This initiative will link our ports, government agencies, and key stakeholders, creating a seamless and efficient system that will facilitate trade like never before.”

In a statement signed by the Special Adviser to the President on Media and Publicity, Chief Ajuri Ngelale,  Tinubu noted that paperless trade alone is estimated to bring an annual economic benefit of around $2.7 billion, noting that countries like Singapore, South Korea, Kenya, and Saudi Arabia have already seen significant improvements in trade efficiency after implementing single window systems.

“It is time for Nigeria to join their ranks and reap the rewards of a streamlined, digitized trade process” the President said.

” As your President, I have always believed in the immense potential of our great nation. We are a people blessed with resilience, creativity, and an unwavering spirit of enterprise.
” However, for far too long, our economic growth has been hindered by existing complexities and inefficiencies in our trade processes. Today, we say no more!

“Imagine a Nigeria where businesses can save time and resources, where small enterprises can reach global markets, and where the informal e-commerce sector is brought into the fold, increasing our tax revenue base.

” This is the Nigeria we are building with the National Single Window.
” We cannot afford to lose an estimated $4 billion annually due to red tape, delays, and corruption at our ports.
“The National Single Window will address these issues head-on, preventing revenue leakage and facilitating effective trade.
” By doing so, we will create a more transparent, secure, and business-friendly environment that will attract investment and spur economic growth”.

Continuing, Tinubu emphasized that the implementation of the NSW would not be an overnight process as it would require dedication, collaboration, and a phased approach in view of continental ramifications that extend far beyond national development imperatives alone.

“I assure you, my fellow Nigerians, that we are fully committed to seeing this project through.

“We will work tirelessly to ensure its success, engaging with all partner agencies and stakeholders to create a system that works for everyone.
“Moreover, the National Single Window is not just about Nigeria. By linking our system with those of other African nations, we will expedite cargo movement and optimize intra-Africa trade.
“This initiative is a testament to our commitment to regional integration and our belief in the power of collaboration”.

“I call upon every Nigerian to embrace this initiative with open arms. Let us work together, as one nation, to make the National Single Window a resounding success.
” Let us show the world that Nigeria is ready to take its rightful place as a leader in global trade.
” Together, we will build a Nigeria that is stronger, more prosperous, and more united than ever before.
” The National Single Window is our gateway to that future, and I am honoured to lead us on this transformative journey”

Giving an insight into the initiative, the Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr. Zacch Adedeji said data harmonization is a crucial component of the initiative, which involves enabling efficient capture, definition, analysis, and reconciliation of regulatory trade documents within one unified technological mechanism.

According to the FIRS boss, we will reduce barriers to efficient timing, improve economic metrics, increase transparency, reduce trade costs, and boost revenue.

” The implementation plan will be carefully crafted with short-term, medium-term, and long-term phases to ensure a smooth and effective rollout.
” The success of this project hinges on the unwavering commitment and collaboration of all stakeholders.
“It requires strong government participation and engagement from all partner agencies.
“Together, we will work tirelessly to overcome any obstacle and ensure the seamless implementation of the National Single Window project.

He also explained that with the NSW, Nigeria is ushering in a new wave of economic prosperity, efficiency, and boundless opportunities.

“The National Single Window is not just a project. It is a symbol of our collective aspiration and our determination to build a better Nigeria for all of our people.
The Single Window solution interconnects all stakeholders involved in foreign trade and enables them to perform trade procedures on one platform.
 The Single Window provides a comprehensive online environment for all governmental and business users such as importers, exporters, declarants, commercial banks, carriers, Customs, ministries, and other government agencies to perform trade operations.
By simplifying and automating Customs and trade processes, traders and Government agents benefit from smoother processes that enable a reduction of clearance times.
The Unified Trade Window secures Government revenue and improves the overall country’s image in international trade indicators.
The Managing  Director NPA, Mohammed Bello KoKo, who was named by the President as part of the Implementation Committee, had earlier led the NPA to enlist the technical guidance of the International  Maritime Organization (IMO)in preparedness for the seamless implementation of NSW with the Authority’s finalization of the consultancy for the Port Community System, which lays the groundwork for the National Single Window.
Continue Reading
Click to comment

Leave a Reply

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

Headlines

Aftermath of Adeyanju’s exit, crisis resurfaces in MWUN

Funso OLOJO 
The peace and harmony which the Nigerian ports enjoyed during the momentous eight -year reign of Comrade Adewale Adeyanju as the President General of the Maritime Workers Union of Nigeria(MWUN) may soon be ruptured as there is likely to be a resurgence of crisis within the labour union.
The smouldering crisis was sparked off by a power tussle that has erupted following the  contention for the leadership position at the forthcoming elections into the Dockworkers branch of the Union.
This crack in the otherwise closely – knitted confraternity in the union emerged barely a month after the emergence of Comrade Francis Bunu Abi as the President General of the group.
At the heart of the tension was  the upcoming election into the union’s dockworkers’ branch, a development that has exposed cracks within the union’s hierarchy and raised concerns over the potential derailment of the fragile peace the union enjoyed under Adeyanju’s leadership.
The crisis, which is reportedly rooted in a contentious zoning arrangement, has sparked protests and heightened factionalism among dockworkers.
 Multiple sources within the union confirmed that there was a gentleman’s agreement prior to Adeyanju’s departure that the next president of the dockworkers’ branch would emerge from the Tin Can Chapter.
The incumbent President, Comrade Tajudeen Ohize, is from the ENL Terminal Chapter and is currently completing his second term.
However, that arrangement now appears to be under threat following the sudden emergence of campaign posters for Mr. Bolaji Agboola, a member of the ENL Chapter.
 His entrance into the race has stirred outrage among those who believed the presidency should rotate to the Tin Can Chapter in the spirit of fairness and balance.
The appearance of the posters triggered spontaneous protests last week at several port locations, with union members voicing strong opposition to what they described as attempts to hijack the electoral process.
Protesters also called on former union President, Comrade Tony Nted, to stay away from the elections, alleging external interference.
Adding to the controversy was the alleged support Mr. Agboola enjoys from Princess Vicky Haastrup, Executive Vice Chairman of ENL Terminal, a powerful figure in the maritime sector.
Union insiders alleged that Haastrup is backing Agboola to protect strategic business interests, a claim that has further polarized opinions within the union.
Meanwhile, Comrade Oluwole Adetumi of the Tin Can Chapter, believed to be the candidate expected to benefit from the earlier zoning consensus, is reportedly under pressure to step down, a move that could spark deeper unrest.
Speaking on the situation, Comrade Tajudeen Ohize denied the existence of any crisis.
He stated that the election process remains open and democratic.
“There is no crisis in the industry. Let anyone who wants to contest go to the polls.
“We are not selecting anyone. There is no agreement that someone from any chapter must be chosen,” he said.
On claims that Comrade Tony Nted is trying to influence the election, Ohize dismissed the allegations.
 “Tony has no time for us. Whoever is trying to stir crisis will have himself to blame. We are mature enough to manage our affairs,” he added.
Despite Ohize’s reassurance, anxiety continues to grow within the rank and file of the union.
Many members have called for transparency and strict adherence to internal agreements, warning that any attempt to impose a candidate may destabilize the union.
In response to the escalating tension, President-General of the MWUN, Comrade Francis Bunu Abi, issued a stern warning to all aspirants and their supporters.
 In a statement released last week, Abi prohibited the display of campaign materials—such as banners, flyers, and stickers—within port terminals, jetties, oil platforms, vessels, and union offices nationwide.
While affirming members’ rights to participate in the election, he cautioned against campaigns of bitterness and urged all parties to maintain discipline, peace, and decorum.
As the election draws nearer, observers said handling of this internal crisis will be a litmus test for the union’s new leadership and a critical moment in preserving stability across the nation’s seaports.
Continue Reading

Headlines

NIMASA embarks on digital revolution to plug revenue leakages, enhance optimum operations 

— spurns smear campaign against the process 

Funso OLOJO 
The Nigerian Maritime Administration and Safety Agency Agency (NIMASA), has introduced a Maritime Enhanced Monitoring System (MEMS), a digital reform that is set to revolutionise its operations, plug revenue leakages and enhance revenue for government.
According to the management of the agency, the digital system will further  enhance Regulatory Governance and Shipping Development.
But the agency expressed sadness at the efforts of some people whom it regarded as fifth columnists which it said are resistant to change and wanted to scuttle the process for personal gains.
The agency noted that the sponsors of the campaign of calumny against the digital reform are those that were hitherto benefitting from the manual and porous system.
NIMASA disclosed that there was no truth in the wrong narratives being bandied about that the agency has concessioned its operations.
“The management wishes to categorically state that there is no iota of truth in these claims.
” This is the hand-work of some external and internal elements who have conspired to benefit from the current porous system.

“To set the records straight, following a comprehensive internal review of operational systems, the current leadership of NIMASA resolved to embrace technology as a means of enhancing the Agency’s capacity to deliver on its regulatory mandate more effectively and to bring into the coffers of government additional revenue ensure funds due government does not end up in private hands.

“A pivotal innovation in this regard is the Maritime Enhanced Monitoring System (MEMS).

” This system brings digital traceability to the core of Nigeria’s maritime operations.
“MEMS provides real-time visibility into vessel movements, operational logs, and regulatory interactions.
“Through automated alerts, smart invoicing, and centralized data integration, NIMASA can now detect, document, and respond to maritime activities with greater precision and efficiency—eliminating unnecessary bottlenecks while strengthening compliance.

“The additional recipients targeted are, waste reception services, a routine operation for both domestic and international vessels have traditionally lacked proper tracking, resulting in unmonitored activities and significant revenue losses.

” With MEMS, each waste offload can be logged, time-stamped, and automatically billed, converting previously missed opportunities into a consistent revenue stream while ensuring environmental standards are met.

“Marine pollution control, another critical area of NIMASA’s mandate, has similarly been constrained by limited digital tools. In the absence of satellite tracking and automated reporting, pollution events often go unnoticed or are reported too late to mitigate their impact.

“With the integration of modern surveillance systems, digital logbooks, and real-time alerts, NIMASA can now respond swiftly to such incidents, recover environmental damages, and hold polluters accountable—both legally and financially.

“It is important to emphasize that past revenue shortfalls experienced by the Agency mainly stemmed from outdated manual processes, fragmented data systems, and insufficient digital enforcement mechanisms which allowed some external elements to capitalize on the loopholes for personal gains .

“The current reforms being implemented by NIMASA are focused squarely on overcoming these limitations.

” By investing in digital infrastructure and streamlining monitoring systems, the Agency is positioning itself to fulfill its statutory obligations with transparency, efficiency, and accountability.

“The public is therefore advised to disregard the misleading reports and instead support NIMASA’s transformation journey as it aligns with the broader national objectives of the Ministry of Marine and Blue Economy under the Renewed Hope Agenda of President Bola Ahmed Tinubu

“The Agency remains committed to strengthening Nigeria’s maritime governance, ensuring environmental safety, and optimizing revenue for the nation.

“It is worthy of note that the Deep Blue Project of the Agency which now enjoys global recognition also witnessed such resistance at the initial stage” the agency noted.

Continue Reading

Headlines

Oyetola expresses determination to stop granting waiver requests under Cabotage regime

– vows to resuscitate abandoned National shipping carrier initiative 
Funso OLOJO 
In a determined effort to boost indigenous participation in shipping, the Minister of Marine and Blue economy, Adegboyega Oyetola, has vowed not to entertain any request for waivers under the Cabotage regime.
The Coastal and Inland Shipping Act, also known as the Cabotage Act, restricts domestic coastal shipping to Nigerian-owned, Nigerian-crewed, and Nigerian-built or -flagged vessels.
 However, waivers have often been granted to foreign vessels when local capacity is deemed insufficient.
Over the years, these waivers, which are at the prerogative of the minister, have significantly limited the growth of Nigerian shipping companies, depriving them of critical opportunities in the domestic shipping space.
However, speaking recently while receiving a high-level delegation from NNPC Shipping, Stena Bulk, and Caverton Offshore Support Group at the Ministry in Abuja, Minister Oyetola stated his firm resolve to reverse this trend.
The visit comes on the heels of the formal unveiling of Unity Shipping World (USW), a newly formed joint venture by NNPC Shipping, global maritime giant Stena Bulk, and Nigerian offshore service leader Caverton Offshore Support Group.
The joint venture aims to establish a robust tanker operation capable of transporting crude oil, refined products, and LNG within Nigeria, West Africa, and globally.
“The era of indiscriminate waivers is coming to an end,” Oyetola declared.
“We cannot continue to undermine our local capacity under the guise of temporary foreign intervention.
“It is time to build Nigerian tonnage, support Nigerian jobs, and give indigenous operators a fair chance to thrive. That is the only sustainable path to maritime development.”
As part of this renewed focus on indigenous capacity, the Minister had earlier directed the Nigerian Maritime Administration and Safety Agency (NIMASA) to immediately commence the process that will lead to the disbursement of the Cabotage Vessel Financing Fund (CVFF).
The fund, which has accumulated over the years from Cabotage levies, is intended to assist Nigerian shipowners in acquiring vessels and enhancing their operational capacity.
“The disbursement of the CVFF is no longer optional — it is imperative,” Oyetola stated.
“Our indigenous operators must be empowered to acquire modern vessels and effectively render services that have, for too long, been dominated by foreign shipping concerns.
“As we work to bring the waiver regime to a close, this support becomes even more critical.”
In the meantime, the Minister also reiterated his commitment to resuscitate the moribund national shipping carrier initiative which was initiated and later abandoned during the last administration of President Mohammed Buhari
Also speaking during the visit, the CEO of Caverton Offshore Support Group, Bode Makanjuola, described the joint venture between his company, Stena Bulk and NNPC Shipping as a game-changer for Nigeria’s maritime industry.
He said the newly formed Unity Shipping World (USW) will deliver efficient, reliable, and sustainable maritime transport services.
 According to him, the company will focus on building a modern fleet, acquiring both new and existing vessels, and optimizing cost and operational efficiency.
He said USW’s fleet is expected to primarily support NNPC’s logistics requirements, while also catering to the broader energy sector, including other oil producers and traders.
He emphasized the company’s focus on sustainability, safety, and long-term value creation, highlighting the importance of building capacity for Nigerian seafarers.
“This partnership is the culmination of extensive planning and shared vision,” said Makanjuola.
 “It combines local expertise with international best practices to create a maritime powerhouse. Unity Shipping World will proudly fly the Nigerian flag and play a critical role in training and empowering Nigerian seafarers.”
Managing Director of NNPC Shipping, Panos Gliatis, said, “With this strategic alliance, we are enhancing domestic refining, imports, and exports — reinforcing Nigeria’s pivotal role in global energy logistics,” Gliatis said.
Stena Bulk’s President & CEO, Erik Hånell, echoed the sentiments, noting that the venture aligns with his company’s goals.
“We are committed to operational excellence and expanding into key energy markets,” Hånell stated.
 “This partnership supports our long-term strategy while advancing Nigeria’s energy and shipping landscape.”
Continue Reading

Trending