• Home
  • Anti-Corruption
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
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
  • Fact-Check
  • Economy
  • National
  • Security
  • Features
  • State
  • Event
  • E-Book
Home Economy Customs Backs ‘Nigeria First’ Policy to Boost Trade, Secure Borders
  • Economy

Customs Backs ‘Nigeria First’ Policy to Boost Trade, Secure Borders

By
Abdullahi Maiwada
-
May 11, 2025
Comptroller General Nigerian Customs Bashir Adewale
Comptroller General Nigerian Customs Bashir Adewale

Customs Backs ‘Nigeria First’ Policy to Boost Trade, Secure Borders

 

The Comptroller-General of Customs, Bashir Adewale Adeniyi, has called for the adoption of the Nigeria First initiative as a cornerstone for enhancing cross-border trade and safeguarding national security. He made this call while delivering a keynote lecture at the Obafemi Awolowo University Muslim Graduates’ Association (UNIFEMGA) annual conference in Ile-Ife, Osun State, on Saturday, 10 May 2025.

 

Speaking on the topic “Cross-Border Trade and Security Implications on the Nigerian Economy: Taking Advantage of Global Trade Dynamics”, CGC Adeniyi emphasised the need for strategic alignment between trade facilitation and security imperatives. He revealed that Nigeria’s trade value surged to ₦196.94 trillion in 2024, marking a 179.3% increase over the previous year despite persistent security threats across various borders.

 

“Nigeria’s economic prosperity hinges delicately on our ability to strike an optimal balance between security imperatives and trade facilitation,” he said.

 

Highlighting the achievements of the Service, the CGC disclosed that the NCS collected a record ₦6.1 trillion in revenue in 2024, exceeding its target by 20.2%. He described the feat as a testament to the Service’s resilience and innovation in a complex operating environment.

 

The CGC dissected region-specific security challenges and their implications on trade. In the Northeast, the insurgency continues to disrupt established trade corridors. However, he noted that collaborative initiatives such as the World Customs Organisation’s Project Securité par Collaboration (SPC++) have provided alternative trade mechanisms suited for conflict-affected areas.

 

In the Northwest, he pointed to the impact of banditry and kidnapping on mining operations, stressing the urgent need for integrated regulatory and security strategies. He added that cattle rustling in Northern Nigeria has crippled the livestock value chain, affecting associated industries like meat processing and leather production.

 

Read Also:

  • My First IMPR Retreat: Lessons, People and Perspective
  • Police Dismiss IPI’s Allegations, Insist on Due Process in Journalist’s Arrest Case
  • Kano Assembly in Mourning as Two Lawmakers Die Within Hours

Turning to the Southeast, the CGC cited disruptions caused by secessionist movements, particularly on manufacturing hubs in Aba, Onitsha, and Nnewi. In the Southwest, he described the smuggling of petroleum products, arms, and restricted goods as a significant threat, disclosing that contraband valued at ₦35.29 billion was intercepted in 2024 alone, with an additional ₦7.7 billion worth seized in Q1 2025.

 

He said, “These regional security challenges present Nigeria with a choice: remain trapped in a cycle of reactive responses or transform our hard-earned expertise into strategic advantage within the AfCFTA framework.”

 

The CGC explained that the Nigeria First initiative has already taken root within the Service’s operations, particularly through the procurement of locally assembled vehicles. “All operational vehicles purchased by the Nigeria Customs Service this fiscal year were sourced from Nigerian auto plants,” he said, noting that the move was a deliberate step to support domestic industries and conserve foreign exchange.

 

Looking ahead, CGC Adeniyi unveiled a three-tier roadmap for securing and optimising border trade. Immediate interventions include the modernisation of key border posts such as Seme-Krake (Benin), Jibia-Maradi (Niger), and Mfum-Ekok (Cameroon). Medium-term plans involve the creation of secure trade corridors equipped with surveillance and rapid-response mechanisms, while long-term strategies focus on establishing Special Economic Zones around border communities.

 

He also addressed global trade disruptions, citing the recent 14% reciprocal tariff by the United States on Nigerian non-oil exports as a wake-up call for market diversification. He urged the business community to leverage the $3.4 trillion African Continental Free Trade Area (AfCFTA) opportunity and embrace innovations such as the Pan-African Payment and Settlement System (PAPSS), which allows intra-African trade using local currencies.

 

“Through systematic application of these principles, Nigeria can establish itself as the secure gateway to West African markets, leveraging security investments to strengthen our economic position in regional and global trade,” the CGC concluded.

 

The lecture was delivered in the presence of prominent dignitaries, including the Governor of Osun State, His Excellency Senator Ademola Adeleke; the Ooni of Ife, His Imperial Majesty Oba Adeyeye Enitan Ogunwusi; and the Vice Chancellor of Obafemi Awolowo University, Professor Adebayo Simeon Bamire.

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
  • Bashir Adewale Adeniyi
  • Nigeria First initiative
  • Obafemi Awolowo University
Previous articleNigeria: Adodo’s Appointment Highlights Tinubu’s Commitment to Youth Inclusion
Next articleNigerian Army Commences 2025 Captain to Major Promotion Examination, Warns Against Malpractices
Abdullahi Maiwada
Abdullahi Maiwada
Xing

RELATED ARTICLESMORE FROM AUTHOR

Mohammed Tako Takes Over as Customs Controller in Adamawa/Taraba, Pledges Transparent Leadership

Dangote’s Allegation: Why Is Farouk Ahmed Silent on the Corruption Claims, By Yushau A. Shuaib

Customs Intercepts 20 Diverted Containers Worth N769.5m in Kano–Jigawa Axis

Nigeria Customs Impounds Diverted Containers Worth N769.5m

Adewale Adeniyi Bashir, Comptroller General of Customs (CGC)

Customs Begins Enforcement of Penalties against Banks over Delayed Revenue Remittance

Adewale Adeniyi Bashir, Comptroller General of Customs (CGC)

JUST IN: Customs Penalizes Banks Over Delayed Revenue Remittance

Hon. Dasuki Flags Tax Law Discrepancies in National Assembly

Customs Institution Graduates 100 Middle Cadre Officers

Pantami Expresses Sorrow Over Second Devastating Fire at Gombe Timber Market in One Month

FAAC Shares N1.928trn to FG, States, LGAs in  November

NCS Gives Stakeholders More Time to Complete AEO Applications

ACG Shuaibu Hands Over FOU Zone A to Comptroller Gambo Iyere After N10 Billion Seizures in Anti-Smuggling Effort

Recent Posts

  • My First IMPR Retreat: Lessons, People and Perspective
  • Police Dismiss IPI’s Allegations, Insist on Due Process in Journalist’s Arrest Case
  • Kano Assembly in Mourning as Two Lawmakers Die Within Hours
  • CHRISTMAS: Kogi CP Felicitates with Christians, Promises Peaceful Celebration
  • 9th AFRIMA: CNN’s Larry Madowo, Stonebwoy, and Global Music Chiefs to Lead Africa Music Business Summit
  • Home
  • About
  • Adverts
  • Contact
© 2020 PRNigeria. All Rights Reserved.
Latest News
My First IMPR Retreat: Lessons, People and PerspectivePolice Dismiss IPI’s Allegations, Insist on Due Process in Journalist’s Arrest CaseKano Assembly in Mourning as Two Lawmakers Die Within HoursCHRISTMAS: Kogi CP Felicitates with Christians, Promises Peaceful Celebration9th AFRIMA: CNN’s Larry Madowo, Stonebwoy, and Global Music Chiefs to Lead Africa Music Business Summit2025 Assessment: ICPC Laments Poor Adherence to Accountability Rules in MDAs  Troops Foil Kidnap Attempt on Otukpo–Enugu Highway, Rescue PassengersCourt Grants Ex-AGF Malami Interim Bail, Adjourns EFCC Case to January 5Defence Ministry Begins Transition to Paperless Operations as Musa Launches Enterprise Content Management SystemLagos Police Deploy Over 5,000 Officers for Christmas, New Year CelebrationsMedia Rights Agenda Bags International Award for Media Freedom, Digital RightsLagos Police Deploy Over 5,000 Officers for Christmas, New Year CelebrationsIPI Nigeria Suspends Police Relations After 'Brazen' Arrest of Journalist’s Wife and Nine-Month-Old BabyKano Gov't Commissions Neighbourhood Watch Corps, Deploys 2,000 Operatives, Security VehiclesIGP Decorates Newly Promoted DIG, 7 AIGs, 13 CPs, Harps on Ethical, Results-Driven Leadership
X whatsapp