The Federal Authorities has sought the cooperation of stakeholders to strengthen the nation's financial system by leveraging the maritime sector, which is valued at over $24 trillion whereas supporting 90 p.c of worldwide commerce and producing thousands and thousands of jobs.
It made the attraction on the Worldwide Customs Day 2024 in Lagos with the theme: “Customs that engages conventional and new companions with a function.” The Minister of Commerce and Funding, Dr. Doris Uzoka-Anite, stated with international commerce reaching $24.9 trillion by 2022, there was want for strategic collaboration with vital stakeholders to make sure that Nigeria maximize alternatives in international commerce.
Uzoka-Anite, who was represented by the Government Director/Chief Government Officer of the Nigerian Export Promotion Council (NEPC), Nonye Ayeni, stated commerce is vital to financial development and improvement at this vital juncture within the nation’s historical past . the important thing to revitalizing the financial system.
Uzoka-Anite stated it was clear that the nation may now not rely solely on oil; therefore, commerce, particularly non-oil exports and repatriation of the export course of, are the important thing to the revitalization of the financial system and can result in financial development and improvement and in addition assist stabilize the worth of the nation.
She stated if Nigeria is to develop into a significant participant in worldwide commerce, efforts have to be made to construct a robust financial system, whereas additionally pointing to its home export warehouse, which holds the important thing to decreasing of the bottlenecks and logistical challenges that exporters face.
The Minister of Marine and Blue Economic system, Adegboyega Oyetola, in his remarks, stated the latest passage of the Nigerian Customs Act 2023 would create an enabling setting for commerce, acknowledge alternatives, handle challenges and encourage partnership between the private and non-private sectors.
Earlier, the Comptroller Common of Customs, Bashir Adewale Adeniyi, stated the worldwide celebration demonstrates dedication to consolidating efforts, deploying modern options and strengthening partnerships to reinforce the effectiveness of the Nigerian Customs Companies.
The Managing Director of the Nigerian Ports Authority (NPA), Mohammed Bello-Koko, stated the authority is already seeing positive factors from its renewed partnership with the Nigeria Customs Service.
