Close Menu

    Subscribe to Updates

    Get the latest news as they happen

    What's Hot

    Wike Reiterates Unwavering Support For Tinubu Only, Not APC 

    September 15, 2026

    Tinubu Congratulates AbdulRazaq on Sardauna of Ilorin Title for Wednesday

    September 15, 2026

    INEC Reiterates Credible, Transparent 2027 Elections

    September 15, 2026
    Facebook X (Twitter) Instagram
    Megastar Magazine
    • Politics

      Wike Reiterates Unwavering Support For Tinubu Only, Not APC 

      September 15, 2026

      INEC Reiterates Credible, Transparent 2027 Elections

      September 15, 2026

      INEC Unveils Final List Of Presidential Candidates For 2027 Election

      September 15, 2026

      Dangote Refinery Announces Rise In Petrol Gantry Price To N1,350, From N1,265

      September 12, 2026

      Following Court Order, INEC Updates NDC Logo

      September 10, 2026
    • Entertainment
      1. People
      2. Events
      3. Fashion
      Featured
      Entertainment September 15, 2026

      AFRIMMA 2026: Nigeria Reigns as Davido, Tems, Others Win

      Recent

      AFRIMMA 2026: Nigeria Reigns as Davido, Tems, Others Win

      September 15, 2026

      Inside 2026 Emmy Awards Winners

      September 15, 2026

      Actor Aki Marks Mother’s Birthday with Gratitude at 70

      September 14, 2026
    • Business

      Stanbic IBTC Drives Nigeria-China Partnership for Sustainable Growth at Business Without Borders Forum

      September 9, 2026

      Keystone Bank, FBRA Train 100 Green SMEs On Waste-to-wealth Businesses

      September 7, 2026

      ProvidusUnity Bank And Push To Build Stronger Nigerian SMEs

      September 7, 2026

      Tinubu Approves Fresh Framework to Unlock $50bn Deep Offshore Investments

      August 12, 2026

      Association of Movie Producers of Nigeria Engages Bank of Industry MD on IP-Based Loan Access, Honours Him with Award and Patronage

      August 9, 2026
    • Health

      Pastor Adeboye Of RCCG Donates Three Dialysis Machines To UBTH

      September 3, 2026

      Lagos Presents Blood Donation Drive Through 10 LGAs

      August 27, 2026

      LAWMA Assures Residents of Plan to Evacuate Refuse Heaps in Lagos

      July 29, 2026

      Ebola Precaution: Tinubu Approves N10bn Emergency Funding 

      June 10, 2026

      FG to Minimize Medical Equipment Imports, Unveils $1.2bn Reform Plan for Local Manufacturers

      June 4, 2026
    • Culture

      Awujale Stool: Ruling House Commits Trust In Leaders, Disapproves Removal

      August 13, 2026

      Osun-Osogbo 2026: Nigeria-Africa Celebrates Yoruba Historic Heritage

      August 7, 2026

      FCMB Reiterates Commitment for Ojude Oba as Key Driver of Heritage

      June 7, 2026

      Rite Foods Lightens Ojude Oba 2026, Refreshes Thousands

      June 2, 2026

      Ojude Oba 2026: Glo Rewards Age Grades, Horse Riders. 

      May 30, 2026
    • Lifestyle

      Tinubu Congratulates Shettima on 60th Birthday, Calls him Patriot, Trusted Ally. 

      September 2, 2026

      Gov Dauda Lawal @ 61: A Functionalist In Power

      September 2, 2026

      Jay-Jay Okocha’s Daughter Unveils Wedding Picture In Spain

      August 31, 2026

      Oborevwori, Arigbodi Families Glorified God As Children’s Wedding Ends In Thanksgiving

      August 31, 2026

      Celebrating A Jolly Good Fellow—Happy Birthday, Regie, Mfr

      August 31, 2026
    • Sports

      WAFU-B U17: Flamingos Reach Côte d’Ivoire For Second Edition, Young Referees To Participate

      September 15, 2026

      FIFA, CAF Delegation Visit NFF Amid Tight Security

      September 14, 2026

      Port Harcourt Will Play Host To NPBL Final 4

      September 14, 2026

      Falconets Set For England’s Challenge After Beating N’Caledonia 

      September 14, 2026

      Falconets Seek Crucial Victory Against New Caledonia, as Later Eyes First Goal of Tournament on Sunday

      September 12, 2026
    • Contact
    YouTube Facebook Instagram WhatsApp
    Megastar Magazine
    Home » Customs to launch 24-hr operations to boost trade
    News

    Customs to launch 24-hr operations to boost trade

    Ifetayo AdeniyiBy Ifetayo AdeniyiJune 16, 20244 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email Telegram
    Share
    Facebook Twitter WhatsApp Telegram Email

    Customs to launch 24-hr operations to boost trade

    Customs to launch 24-hr operations to boost trade

    The Nigeria Customs Service (NCS) is arranging for seaports to operate 24 hours, aiming to remove barriers hindering export and import trade in Africa’s most populous nation.

    By operating round the clock, the ports can eliminate delays and costs associated with the non-clearing of cargo on weekends and public holidays.

    Speaking in Lagos on Thursday at the BusinessDay Maritime Conference themed, ‘Nigeria Maritime: Unlocking Potential, Overcoming Challenges,’ Mohammed Bello-Koko, managing director of the Nigerian Ports Authority (NPA), said the management of Nigeria Customs has agreed to have its officers work on a shift basis to actualise 24-hour port operations and ensure cargo owners take delivery of their consignments without delays.

    According to Bello-Koko, the Comptroller-General of Customs has committed to work with the NPA to ensure that all those non-tariff barriers to trade that come with Customs procedures are removed.

    He said the NPA is also working to improve port lighting and security to remove physical barriers that discourage nighttime operations for port users and service providers.

    “The Ministry of Marine and Blue Economy has also opened discussions with terminal operators to see to the procurement of new scanners for cargo examination at ports while Customs pays them back through the Comprehensive Import Supervision Scheme (CISS),” he said.

    Bello-Koko said that Nigeria needs to rehabilitate and expand the berths of Apapa and Tin-Can Island Ports to receive bigger vessels for economies of scale for cargo owners.

    Pointing to the presence of multiple government agencies as one of the challenges, Bello-Koko said that government agencies need to streamline their units to eliminate and reduce costs and delays for cargo owners.

    On Nigeria’s ambitious plans to elevate the maritime sector to global standards, Adegboyega Oyetola, minister of Marine and Blue Economy, said the Federal Government is committed to developing a dynamic national policy framework for the Marine and Blue Economy, which would be launched by the end of 2024.

    Highlighting the sector’s critical role in economic diversification and sustainable development, Oyetola said there are initiatives to propel Nigeria into the top ranks of the Presidential Enabling Business Environment Council (PEBEC).

    He said the Ministry had prioritised strategic reforms that would enhance operational efficiency and attract investments, including implementing the National Single Window and Port Community System to automate port processes.

    “These measures are geared towards improving Nigeria’s ease of doing business ranking and fostering a conducive environment for trade and investment. The importance of public-private partnerships (PPPs) in advancing port modernisation, dredging ports, and deploying cutting-edge maritime technologies cannot be over-emphasised,” the minister said.

    Laurence Smith, chief operating officer of Lekki Port LFTZ Enterprise Limited, said Nigeria’s import-export trend has remained imbalanced and has not changed in the last 12 years.

    He said Nigeria has been recording export volume of about 1.5 million to 1.8 million twenty-foot equivalent units (TEUs) over the last 12 years, which is very low compared to the UK which is recording exports of about 20 million TEUs with just 60 million people.

    According to him, Africa’s most populous nation is still unable to leverage the potential of its human capital to develop its export trade, which if actualised would create jobs, revenue, and wealth for the citizens.

    “We have been advocating for a strong economy and strong export business,” Smith said.

    “Nigeria has been struggling to diversify its economy by promoting export-oriented industries including manufacturing, agriculture, mining, and this has limited the ability of the country to generate revenue from export,” he said.

    Earlier in his keynote speech, Aminu Umar, president of the Nigerian Chamber of Shipping, urged the federal government to look into the challenges limiting the growth of Nigeria’s blue economy.

    He said the Dangote Refinery has completely changed the dynamics of Nigeria’s shipment as cargo now originates from Nigeria to other countries, unlike when only imported cargo came into the country.

    “Nigerian cargoes are now delivered to other African countries, including Senegal. Now, we are seeing cargo delivered outside Nigeria. We have ships outside Nigeria delivering to Ghana, Guinea Republic, and Senegal,” Umar said.

    He said Nigeria has the potential and opportunities needed to become a major exporter of fertilisers, gas, and food.

    “The potential is in the dry cargo transportation which is to say fertiliser is coming out of Nigeria. Also, we have agricultural produce that is coming out of Nigeria which is taken by the container liners,” he added.

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Previous ArticleFather’s Day Prayer
    Next Article Sport: American businessman and Roma owner Dan Friedkin to buy Everton
    Ifetayo Adeniyi
    • Website

    Adeniyi Ifetayo Moses is an Entrepreneur, Award winning Celebrity journalist, Luxury and Lifestyle Reporter with Ben tv London and Publisher, Megastar Magazine. He has carved a niche for himself with over 15 years of experience in celebrity Journalism and Media PR.

    Related Posts

    News September 15, 2026

    Tinubu Congratulates AbdulRazaq on Sardauna of Ilorin Title for Wednesday

    News September 15, 2026

    Food Prices Slow In August As Inflation Eases To 15.39% ~ NBS

    News September 15, 2026

    NCC Demands Digital Inclusion for Persons with Disabilities

    News September 15, 2026

    Nigeria And India To Partner On $15bn Bilateral Trade 

    News September 15, 2026

    FG Has Set Up N729bn Bond To Settle GenCos’ Debts

    Telecoms September 14, 2026

    FG to Install 200 New Telecom Sites Ahead of December

    Leave A Reply Cancel Reply

    Don't Miss
    Politics September 15, 2026

    Wike Reiterates Unwavering Support For Tinubu Only, Not APC 

    File photo: FCT Minister, Nyesom Wike. The Minister of the Federal Capital Territory, Nyesom Wike,…

    Tinubu Congratulates AbdulRazaq on Sardauna of Ilorin Title for Wednesday

    September 15, 2026

    INEC Reiterates Credible, Transparent 2027 Elections

    September 15, 2026

    AFRIMMA 2026: Nigeria Reigns as Davido, Tems, Others Win

    September 15, 2026

    Subscribe to Updates

    Get the latest news as they happen

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    Our Picks

    Olori Atuwatse III To Champion Free Medical Outreach In Delta

    December 8, 2021

    Ochacho’s Midas Touch As Otukpo Wears New Look

    November 16, 2021

    Edo speaker invested into knighthood of St Christopher

    October 31, 2021
    New Comments
    • Anozie okolo on Supreme Court Affirms President Tinubu’s Victory As Atiku, Peter Obi Lose
    • Mc richman on Nigeria and South African Music histories
    • Moses Ibrahim on Olu of Warri: Pictorial @ The Ogiame Atuwatse III Economic Summit.
    • Sen Rich Kay on MALARIA ERADICATION: Prince Ned Nwoko & NMEP Meet for joint action.
    Megastar Magazine
    YouTube Facebook WhatsApp Instagram
    • Privacy Policy
    • Terms of Use
    • Contact Us
    © 2026 Megastar Magazine. Designed by MANNDI

    Type above and press Enter to search. Press Esc to cancel.