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‘Single window processed N11.27bn payment in five months’

Nigeria’s National Single Window platform processed N11.27bn and 114,122 licences/permits in five months, boosting trade efficiency and transparency. Read More: https://punchng.com/single-window-processed-n11-27bn-payment-in-five-months/

‘Single window processed N11.27bn payment in five months’

On a designated period from March 27 to August 17, the National Single Window platform facilitated the processing of an impressive 114,122 licences and permits, along with N11.27bn in payments. The platform's Phase One rollout status update disclosed that 10,818 importers and agents had registered, with five Ministries, Departments, and Agencies already fully onboarded.

Over 8,000 users also received training. The update further revealed that 24 out of the 27 airlines joined the platform, transmitting 2,139 air cargo manifests. However, shipping line cargo manifest compliance remains comparatively lower, with 23 of the 88 shipping lines onboarded and just 43 manifests transmitted, translating to a platform usage compliance level of 26 percent.

The Nigerian Ports Authority and the Nigerian Maritime Administration and Safety Agency completed their readiness requirements, with their operational integration into the platform ongoing. The Nigerian Customs Service and other key entities like importers, freight forwarders, and clearing agents attained full readiness and operational readiness on the NSW platform, boasting 100 percent compliance for the relevant Licensed and Permitted Certificate of Operation processes.

The platform's Phase Two rollout aims to further streamline paperwork, enhance transparency, expedite cargo clearance processes, and offer a more seamless interface for all stakeholders in Nigeria's trade ecosystem.

Written by urgent.news from Punch's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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