Nigeria’s Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has expressed confidence that the introduction of the National Single Window project will reshape the country’s trade environment and strengthen its economic stability.
Edun, who addressed journalists on Tuesday, after presiding over the 63rd quarterly meeting of the Nigeria Customs Service (NCS) Board in Abuja, said the platform, set for rollout in the first quarter of 2026, will streamline import and export operations through digital automation.
Describing the initiative as one of the signature reforms of President Bola Tinubu’s administration, the minister explained that the system is designed to eliminate delays, cut transaction costs, and accelerate cargo clearance.
Read Also: Customs disowns fake CBT recruitment shortlist
According to him, these improvements will boost Nigeria’s competitiveness and contribute directly to economic growth.
“The National Single Window is a legacy project of President Bola Ahmed Tinubu. It will revolutionise trade by reducing bottlenecks, cutting costs, and speeding up cargo clearance. This combination of digital automation and efficiency will significantly boost our economy,” Edun said.
Read Also: Customs reaffirms transparency, accountability as pillars of modernised agenda
He revealed that WCO-accredited officers had already been engaged to draft the business process framework and take part in the vendor selection stage, with sustained technical backing from the Trade Modernisation Project Limited.
The project, championed by the Tinubu government, seeks to consolidate all trade-related agencies on a unified digital platform, harmonise clearance procedures, and reduce bureaucratic hurdles in order to make Nigeria more competitive in global commerce.
Edun further noted that the reform would build on existing fiscal and monetary measures, which he said are already helping to stabilise inflation, improve the exchange rate, and strengthen the country’s foreign reserves and trade balance.
Presenting the half-year revenue figures of the NCS, the minister disclosed that between January and June 2025, the Service collected N3.68 trillion. This exceeded its target by nearly 12% and marked a 25% increase compared with the same period last year.
“Revenue for the first six months stood at about N3.7 trillion, which is above target by almost 12% and represents a strong improvement over last year,” he noted.
Edun stressed that this performance was vital for all tiers of government since Customs’ collections are paid into the Federation Account, which supports federal, state, and local government budgets.
“With the Single Window initiative fully operational, we expect even greater efficiency and higher returns,” he added.
