In a bid to enhance trade facilitation efforts in Nigeria, the Nigeria Customs Service (NCS) has spearheaded the implementation of an Authorised Economic Operators (AEO) program. The program aims to streamline customs clearance processes, foster collaboration among stakeholders, and promote transparency and inclusivity in line with international standards.
During a stakeholders’ meeting held on Tuesday, 19th March 2024, in Abuja, the Comptroller-General of Customs (CGC), Bashir Adewale Adeniyi MFR, underscored the significance of the AEO program in transforming the ease of doing business within Nigerian ports. CGC Adeniyi emphasized the collective efforts required to effect positive change and improve trade operations across the nation.
Highlighting the comprehensive scope of the AEO program, CGC Adeniyi stressed its relevance to various stakeholders involved in international trade, including importers, exporters, small and medium enterprises (SMEs), customs license agents, logistics operators, and government agencies. The pilot phase of the program will involve seven carefully selected legal entities spanning the international supply chain.
The objectives of the pilot program include evaluating the visibility and effectiveness of implementing the AEO program within the Nigeria Customs Service, soliciting feedback from key stakeholders, and identifying potential challenges to fine-tune processes for a full-scale rollout.
Awa Nnenna, Chief Superintendent of Customs and Project Manager of the AEO program, highlighted the key benefits of the initiative, including expedited customs clearance procedures and the establishment of mutual trust between customs authorities and accredited operators. By facilitating smoother trade operations, the program aims to stimulate economic growth and contribute to the nation’s GDP and foreign exchange reserves.
Charles Odii, Director-General of the Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), commended the Nigeria Customs Service for its proactive approach in engaging small-scale business owners through the AEO program. Odii expressed his commitment to supporting the initiative, emphasizing its potential to enhance investments and create job opportunities for SMEs.
Similarly, Mr. Pius Akutah, CEO of the Nigeria Shippers Council, lauded the NCS for the initiative and reiterated the council’s commitment to ensuring the success of the AEO program.
The AEO pilot program represents a significant step towards fostering a conducive environment for trade and economic development in Nigeria. As stakeholders collaborate to streamline customs processes and promote transparency, the initiative is poised to yield tangible benefits for businesses and contribute to the nation’s economic prosperity.
