The Digest:
The Federal Government has intensified plans to implement a National Single Window (NSW) system at Nigerian ports by 2026, aiming to revolutionize trade efficiency. Vice President Kashim Shettima described the initiative as a "game changer" designed to slash cargo clearance times and reduce port costs that are currently 30% higher than in neighbouring countries.
Key Points:
- The National Single Window system will be fully implemented by Q1 2026.
- It aims to harmonise documentation and reduce human contact in cargo clearance.
- The target is to cut cargo clearance time to under seven days.
- Current cargo dwell times are 475% above the global average.
- The policy seeks to place Nigerian ports among Africa's top three most efficient.
- Shettima warned that inter-agency rivalry must give way to collaboration.
- A pending Executive Order on Joint Physical Inspection awaits presidential approval.
Sources: Vanguard Newspaper
