Comptroller-General of Customs (CGC), Bashir Adeniyi has said its meeting with the Secretary General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene has created an opportunity to address bottlenecks in fostering trade facilitation.
Adeniyi‘ meeting with Mene occurred on the margins of the Biashara Afrika 2024 forum, hosted in Kigali, Rwanda from October 9 to 11.
The Forum brought together key stakeholders to discuss ways to enhance intra-African trade and foster deeper economic integration.
A statement by the Nigerian Customs Service (NCS) on Sunday, disclosed that the meeting provided a unique opportunity to refine strategies aimed at improving trade facilitation under the AfCFTA agreement.
The engagement according to the Service centered on addressing existing bottlenecks and encouraging small and medium-sized enterprises (SMEs).
This would further encourage businesses to take advantage of the opportunities provided by the agreement, given their critical role in boosting intra-African trade.
Particular emphasis was placed on the role of Customs in these efforts.
During the meeting, the AfCFTA Secretary General commended the Service for its progressive initiatives, including the pilot phase of the Authorized Economic Operator (AEO) programme and the conduct of Time Release studies.
“These initiatives have positioned the NCS as a benchmark for customs administrations across Africa,” he added.
In response, Adeniyi commended the Secretary-General for his commitment to advancing the AfCFTA’s goals, despite the resource constraints faced by the Secretariat.
He also acknowledged the critical support provided by President Bola Tinubu and the legislative arm through the Nigeria Customs Service Act 2023.
“The Act has been instrumental in providing the necessary legal framework for implementing initiatives that align with the government’s vision of making Nigeria the most efficient trading nation on the continent, fostering SME growth, and boosting exports to strengthen intra-African trade,” he said.
The statement read, “The high point of the conversation was the recent achievement of Mrs Chinwe Ezenwa, CEO of LE LOOK Nigeria Limited, who became the first woman to export goods under the Guided Trade Initiative (GTI) of the AfCFTA to East, Central, and North African countries.
“Her success, marked by the export of goods on 16th July 2024 from Apapa Port in Lagos, underscores the growing opportunities for Nigerian businesses in the continental market.
”A key outcome of the meeting was the AfCFTA Secretariat’s commitment to develop a concept note outlining the way forward for the free trade area.
“In turn, the NCS pledged to bring these discussions to the Heads of Customs Administrations platform in Africa, ensuring a coordinated approach to addressing customs-related challenges across the continent.
“The Biashara Afrika, now in its second edition, has established itself as a formidable platform for engagement between African public and private actors on the effective implementation of the AfCFTA.
This year’s forum focused on addressing the evolving challenges in the business environment and seeking innovative solutions to facilitate cross-border trade.
