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    Customs to resolve transit cargoes multiple taxes in ECOWAS region

    Opalim LiftedBy Opalim LiftedJuly 25, 2023No Comments3 Mins Read
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    Customs: We don’t set FX rates for imports, exports 
    Nigeria Customs Service
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    The Nigeria Customs Service (NCS) and its counterpart in Benin Republic agreed to resolve the numerous levies on transit shipments throughout the ECOWAS region on Monday.

    They also agreed to harmonize import prohibition policies so that whatever was prohibited in Nigeria would likewise be prohibited in Benin.

    Adewale Adeniyi, Acting Comptroller-General of NCS, stated this during a working visit to Cotonou, where some agreements were made between the two nations.

    The comptroller-general also paid visits to Webb Fontaine, the Port of Cotonou, and the Ministry of Economy and Finance and had an interactive session with stakeholders, the report said.

    “”In terms of steps to be implemented to guarantee good ties between the two nations, it is necessary to promote the ECOWAS trade liberalization plan and the facilitation of the circulation of goods, particularly community products.”

    “Ensure the removal of barriers and other impediments to legitimate trade, as well as the establishment of customs units when traffic warrants it.”

    “”Ensure rigorous adherence to transit restrictions and harmonisation of the two nations’ lists of forbidden items.”

    • Shettima decorates new Customs boss, Adewale Adeniyi

    “The Customs Administrations of Benin, Burkina Faso, Côte d’Ivoire, Ghana, Guinea, Mali, Niger, Senegal, and Togo should be quickly integrated into the Interconnected System for the Management of Goods in Transit (SIGMAT),” he stated.

    According to Adeniyi, the two countries agreed to boost the battle against cross-border crime through collaboration, intelligence sharing, and resource pooling.

    He stated that Nigeria and the Benin Republic will meet twice a year to discuss issues of mutual interest.

    “The joint committee for monitoring trade and transit relations will be reactivated.”

    “There will also be a revival of border customs consultation frameworks with the active participation of the private sector,” he stated.

    Adeniyi congratulated his Benin Republic counterpart, Romuald Wadagni, Senior Minister in Charge of Economy and Finance, Benin Republic President, Patrice Talon, and the people of Benin Republic for the warm welcome.

    Alain Hinkati, Director-General of Benin Republic Customs, was asked to pay an official business visit to Nigeria to follow up on the conclusions.

    Hinkati welcomed the offer with joy, stating the dates would be worked out later.

    At the Nigerian Embassy in Benin Republic, Adeniyi informed the Nigerian Ambassador to Benin Republic, Olukayode Aluko, that the border agreement would be reviewed again.

    The ambassador asked the acting comptroller-general to utilize his good office to improve the situation on the ground and prevent unlawful roadblocks from springing up along the route.

    Aluko stated that the customs chief needed to approach his Benin counterpart aggressively since they were eager to collaborate with Nigeria.

    The Benin Republic is eager to do business with us, so we must focus on creating a conducive environment and ensuring borders are opened on comparatively favourable terms.”

    “Our ultimate goal is to establish a Nigeria-Benin Joint Commission by the end of the year,” he stated.

    Anicet Houngbo, Director-General of Webb Fontaine, said that Benin Republic’s success as a major transit hub would not have been possible without the unwavering support of Nigeria.

    According to Houngbo, the geographical situation of the Benin Republic in relation to Nigeria represents a significant potential for them.

    He stated that the problem Nigeria was facing was due to the choice of the project owner.

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