Customs to collaborate with FAAC to facilitate trade and increase revenue

By Afolabi Oyekunle.

The Comptroller-General of the Nigeria Customs Service (NCS), Adewale Adeniyi has assured that Customs will collaborate with the Federation Account Allocation Committee (FAAC) Post-Mortem Sub-Committee to develop strategies to boost revenue generation and enhance trade facilitation.

Customs CG Adeniyi Adewale

Their joint initiative is to identify solutions to optimise revenue collection, as well as streamline trade processes, ultimately promoting economic growth and development in Nigeria.

Speaking on at the NCS Headquarters in Abuja, the Comptroller-General said that since January 2024, there has been a rise in export activities, increasing trade facilitation.

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