The Comptroller-General of Customs, Adewale Adeniyi, has expressed the Nigeria Customs Service's commitment to supporting Nigeria's ambition of building a $1 trillion economy. Speaking at the New Nigeria Festival in Abuja, Adeniyi emphasized that achieving this goal requires translating national aspirations into measurable results. He noted that the economic target is achievable with proper implementation of plans and strategies.
Adeniyi highlighted that the Customs Service has moved beyond discussions to taking practical steps in support of the national economic ambition. The Service's ongoing Modernisation Reforms, including the deployment of B'Odogwu, the Authorised Economic Operator (AEO) programme, and the Advance Ruling mechanism, aim to facilitate legitimate trade, improve predictability in the trading environment, and strengthen revenue generation.
The Comptroller-General of Customs stressed that achieving the $1 trillion economy target requires collective commitment from institutions, businesses, and citizens. He noted that the Customs Service, with its responsibilities in revenue collection, trade facilitation, and border management, is strategically positioned to contribute to the country's economic transformation.
Adeniyi called for a shift from rhetoric to implementation, emphasizing that the country's economic ambition can be achieved only when institutions and citizens take ownership of their responsibilities and turn plans into practical, measurable action. He urged stakeholders to move from ideas to action and ensure that plans translate into concrete results.
The Nigeria Customs Service's commitment to supporting the $1 trillion economy target aligns with the government's efforts to drive economic growth and development. The Service's initiatives aim to create a more efficient and effective trade environment, which is expected to boost economic activity and revenue generation.
Adeniyi's remarks underscore the importance of collaboration and collective responsibility in achieving Nigeria's economic goals. The Customs Service's role in facilitating legitimate trade and generating revenue is critical to the country's economic transformation.
The achievement of Nigeria's $1 trillion economy target will require sustained efforts from all stakeholders, including government agencies, businesses, and citizens. The Nigeria Customs Service's pledge to support this goal is a significant step towards ensuring that the country's economic ambitions are realized.
Key points
- The Nigeria Customs Service is committed to supporting Nigeria's goal of achieving a $1 trillion economy through practical steps and collective commitment.
- The Service's ongoing Modernisation Reforms aim to facilitate legitimate trade, improve predictability in the trading environment, and strengthen revenue generation.
- Achieving the $1 trillion economy target requires collective commitment from institutions, businesses, and citizens, as well as a shift from rhetoric to implementation.
