• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
    • Government
  • Security
  • Features
  • State
  • Event
    • PR Nigeria Award
  • E-Paper
Search
  • Home
  • About
  • Adverts
  • Contact
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
PRNIGERIA PRNigeria News
PRNIGERIA PRNIGERIA
  • Home
  • Anti-Corruption
    • Engr Abba Babagana Dalori

      Engr Dalori Forfeits Galaxy Hospital, Petrol Station, Properties & Cash

      Chinese nationals jailed in Lagos

      Court Jails Nine Chinese Nationals for Cybercrime in Lagos

      ASUU

      Tackle Corruption, Institutional Decay – ASUU Charges FG

      EFCC Arraigns Bauchi Accountant General Over N8bn Fraud as Court Sentences…

      PRNigeria logo fearured image

      EFCC Arraigns Ex-Convict, Other for Naira Abuse in Lagos

  • Fact-Check
  • Economy
    • Comptroller General Nigerian Customs Bashir Adewale

      Customs Moves Against 223 Importers in N379bn Permit Breach

      Bashir Adewale Adeniyi Customs Boss

      How Customs is Tightening Borders to Stop Illicit Cash Flows –…

      Customs boss, CGC Bashir Adewale Adeniyi with NAFDAC DG Professor Moji Adeyeye

      Codeine, Tramadol Worth ₦20.5bn Seized as Customs-NAFDAC Cooperation Deepens

      Acting Controller General of Customs, Nigerian Customs Services, NSC, Ag. CG Bashir Adewale Adeniyi

      Adeniyi Inaugurates Lagos School Renovated by Nigeria Customs 

      Abdullahi Aliyu Maiwada

      Customs’ Maiwada Named Among Nigeria’s 50 Most Influential PR Voices

  • National
    • Super Falcons wins WAFCON Trophy

      VON Apologizes for Erroneous WAFCON Report, Cites Possible Security Breach, Identifies…

      The recovered AK-47 rifles

      Police Operatives Eliminate 3 Bandits, Recover 10 AK-47 Rifles

      NYSC Corps Members in Camp

      Tinubu to Honours 210 Ex-NYSC Members for Meritorious Services

      PRNigeria Young Communication Fellowship 2025 logo

      PRNigeria Opens Application for 2025 Young Communication Fellowship

      NDLEA officials

      NDLEA Arrests Chinese Businessman, 80-Year-Old Grandma in Nationwide Drug Raids 

    • Government
      • NYSC Corps Members in Camp

        Tinubu to Honours 210 Ex-NYSC Members for Meritorious Services

        court Judiciary

        Court Remands TikToker Arrested by DSS for claiming President Tinubu died

        Leon Usigbe

        Tinubu Mourns Veteran State House Correspondent, Leon Usigbe

        Dr. Ibrahim Bello, Emir of Gusau

        Tinubu, NUJ, Police, and Military Mourn the Death of Gusau Emir

        Dr. Ibrahim Bello Emir of Gusau

        His Death is a National Loss – Tinubu Mourns Emir of…

  • Security
    • The recovered AK-47 rifles

      Police Operatives Eliminate 3 Bandits, Recover 10 AK-47 Rifles

      NDLEA officials

      NDLEA Arrests Chinese Businessman, 80-Year-Old Grandma in Nationwide Drug Raids 

      Delegates of IEDPU praises CP Moshood Jimoh

      IEDPU Praises CP Moshood Jimoh of Lagos Police for Exemplary Leadership

      Troops Repel Boko Haram Attack in Gwoza, Recover Firearms

      Troops of Operation FANSAN YANMA

      Troops Kill Three Terrorist Leaders in Sokoto Ambush, Recover Weapons

  • Features
    • Leon Usigbe

      Death, you can’t be Proud of this By Abdulrahman Abdulraheem 

      Tinubu’s Plateau Gambit – Yilwatda, 2027, and the Return of the…

      Ozumi and a recipient of a wheelchair

      Wheels of Hope: How a Simple Gift is Reshaping Lives at…

      Late Ex-President Muhammadu Buhari and Mansur Liman

      “Buhari: A Blunt, Honest Leader Who Laughed at His Own Predicament”

      Intelligence Synergy: Reshaping Nigeria’s Security Architecture, By Mukhtar Ya’u Madobi

  • State
    • The recovered AK-47 rifles

      Police Operatives Eliminate 3 Bandits, Recover 10 AK-47 Rifles

      NDLEA officials

      NDLEA Arrests Chinese Businessman, 80-Year-Old Grandma in Nationwide Drug Raids 

      Delegates of IEDPU praises CP Moshood Jimoh

      IEDPU Praises CP Moshood Jimoh of Lagos Police for Exemplary Leadership

      Troops Repel Boko Haram Attack in Gwoza, Recover Firearms

      Nigerian Navy Personnel

      Navy Arrests 9 Impostors Operating as Fake Coast Guards in Akwa…

  • Event
    • Super Falcons wins WAFCON Trophy

      VON Apologizes for Erroneous WAFCON Report, Cites Possible Security Breach, Identifies…

      Cross section of participants and guests at the Kaduna State Chapter world PR day

      Kaduna NIPR Urges Students to Embrace Evolving PR Landscape

      Engr. Saleeman Adedoyin Saleeman

      Global IT Leader Saleeman Adedoyin Launches Free Summer School in Ilorin…

      Celestine Achi, AI in PR specialist

      BOOK REVIEW: AI is Reshaping PR—Celestine Achi Shows Us How

      Saudi Arabia’s ‘Sleeping Prince’ Dies Weeks After PRNigeria Debunked Viral Recovery…

    • PR Nigeria Award
  • E-Paper
Home Economy Trade Facilitation: Customs Launches ‘Advance Ruling’ System
  • Economy

Trade Facilitation: Customs Launches ‘Advance Ruling’ System

By
Prnigeria
-
May 2, 2024
Nigerian Customs Service, NCS

Trade Facilitation: Customs Launches ‘Advance Ruling’ System

The Nigeria Customs Service (NCS), in conjunction with the Nigerian Energy Support Programme (NESP), has launched an auspicious scheme aimed at enhancing trade facilitation.

The scheme, which is tagged: Advanced Ruling, will also help to create a more transparent business environment for the Service’s stakeholders.

Speaking at the project’s launching on Thursday, Comptroller-General of Customs Bashir Adewale Adeniyi described ‘Advanced Ruling’ as a critical mechanism that allows traders to obtain binding decisions from Customs administrations on the classification, origin, and valuation of goods before importation.

Appreciating the stakeholders and partners for gracing the event, CGC Adeniyi emphasised that the launched project will also serve as a tool for reducing compliance costs and fostering a conducive business environment for traders.

He said, “Today, we shall be taking the first step towards launching the Nigeria Customs Service Advance Ruling, starting with stakeholder engagement.”

The CGC, who recognised the significance of the project, as it aligns with the World Customs Organization (WCO) and the World Trade Organization (WTO), also emphasised its relevance in facilitating both domestic and international trade while also promoting Customs compliance.

Read Also:

  • VON Apologizes for Erroneous WAFCON Report, Cites Possible Security Breach, Identifies Culprit
  • Police Operatives Eliminate 3 Bandits, Recover 10 AK-47 Rifles
  • Tinubu to Honours 210 Ex-NYSC Members for Meritorious Services

“According to the WCO and the WTO, Advanced Ruling enhances predictability and transparency in customs procedures, streamlining trade processes and minimising delays, uncertainties, and costs associated with Customs clearance,” CGC Adeniyi added.

Commending President Bola Ahmed Tinubu for laying the ground to enhance the economy of Nigeria and supporting the Service, CGC Adeniyi emphasised that the launch of Advanced Ruling at this time aligns with the policy directive of President Tinubu’s administration to facilitate trade for legitimate traders.

He highlighted, “This is reflected in the Policy Advisory Document of the government, which signifies recent achievements, such as the approval to decongest the ports and make them free and accessible for importers and operators.”

As the Comptroller-General of Customs championed the laying of a foundation for Advance Ruling to enhance trade in Nigeria, he revealed that the Service has made all arrangements to conduct workshops and sensitisation sessions at Customs Area Commands to ensure that all stakeholders are well-informed and prepared to utilise this new mechanism effectively.

He, however, applauded the German International Cooperation Agency (GIZ) and other partners for their unwavering partnership and continued support of achieving a significant milestone in trade facilitation activities under the Nigeria Energy Support Programme.

“It is essential to acknowledge that initiatives like Advanced Ruling necessitate investments in capacity building for both officers and stakeholders. We are committed to leveraging our internal capacity while exploring collaboration opportunities with external partners like GIZ,” he said.

VISIT OUR OTHER WEBSITES
PRNigeria.com EconomicConfidential.com PRNigeria.com/Hausa/
EmergencyDigest.com PoliticsDigest.ng TechDigest.ng
HealthDigest.ng SpokesPersonsdigest.com TeensDigest.ng
ArewaAgenda.com Hausa.ArewaAgenda.com YAShuaib.com
  • TAGS
  • German International Cooperation Agency
  • Nigerian Energy Support Programme
  • World Customs Organization
Previous articleFraud: Court Adjourns Trial of Man who Impersonated CGC Adeniyi
Next articleNigeria Commences Full Enforcement of Cybercrime Prevention Act
Prnigeria
Prnigeria
Xing

RELATED ARTICLESMORE FROM AUTHOR

PRNigeria Young Communication Fellowship 2025 logo

PRNigeria Opens Application for 2025 Young Communication Fellowship

Troops of Operation FANSAN YANMA

Troops Kill Three Terrorist Leaders in Sokoto Ambush, Recover Weapons

Comptroller General Nigerian Customs Bashir Adewale

Customs Moves Against 223 Importers in N379bn Permit Breach

Bashir Adewale Adeniyi Customs Boss

How Customs is Tightening Borders to Stop Illicit Cash Flows – CG Adeniyi 

FACT-CHECK: Did a N10bn Lafia Flyover Collapse Three Weeks After Commissioning in Nasarawa?

NAF combat-ready Unmanned Aerial Vehicle (UAV) operators

NAF Bolsters Battlespace Dominance with New Combat-Ready UAV Operators

PHOTOS: How Nigerian Military’s Coordinated Air and Ground Assault Crushed Terrorists in Warari Operation

Brigadier General Olakunle Oluseye Nafiu, Director General of the National Youth Service Corps (NYSC)

NYSC Seeks Stakeholder Support to Enhance Orientation Exercises

Late President Muhammadu Buhari

Walson-Jack: Buhari Was a Pillar of Integrity in Nigeria’s Public Sector

CDS Musa

CDS Hails ‘Produce for Lagos’ as Blueprint for National Security

Military Troops in Action

Nigerian Troops Neutralize Over 100 Bandits in Decisive Warari Operation

NSCDC, DSS Deepen Synergy to Enhance Security in FCT

Recent Posts

  • VON Apologizes for Erroneous WAFCON Report, Cites Possible Security Breach, Identifies Culprit
  • Police Operatives Eliminate 3 Bandits, Recover 10 AK-47 Rifles
  • Tinubu to Honours 210 Ex-NYSC Members for Meritorious Services
  • PRNigeria Opens Application for 2025 Young Communication Fellowship
  • NDLEA Arrests Chinese Businessman, 80-Year-Old Grandma in Nationwide Drug Raids 
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
VON Apologizes for Erroneous WAFCON Report, Cites Possible Security Breach, Identifies CulpritPolice Operatives Eliminate 3 Bandits, Recover 10 AK-47 RiflesTinubu to Honours 210 Ex-NYSC Members for Meritorious ServicesPRNigeria Opens Application for 2025 Young Communication FellowshipNDLEA Arrests Chinese Businessman, 80-Year-Old Grandma in Nationwide Drug Raids IEDPU Praises CP Moshood Jimoh of Lagos Police for Exemplary LeadershipTroops Repel Boko Haram Attack in Gwoza, Recover FirearmsTroops Kill Three Terrorist Leaders in Sokoto Ambush, Recover WeaponsNavy Arrests 9 Impostors Operating as Fake Coast Guards in Akwa IbomArmy Dismisses Allegations of Delayed Promotions, Stagnant AllowancesCourt Remands TikToker Arrested by DSS for claiming President Tinubu diedDeath, you can’t be Proud of this By Abdulrahman Abdulraheem Tinubu Mourns Veteran State House Correspondent, Leon UsigbePolice Arrest 22 Cultists in OgunEnugu Police Raid IPOB/ESN Hideout, Nab 25 Militants, Recover Firearms
X whatsapp