Close Menu
Govima News
  • Home
  • Entertainment
  • National
  • International
  • Tech
  • Politics
  • Sports
  • PMNI
  • More
    • Business
    • Culture
    • Education
    • History
    • Health
  • Featured
    • Govima Travel
    • Govima Media
    • Govima TV
Facebook X (Twitter) Instagram
Trending
  • American Rapper DDG Considers Relocating To Lagos Amid LA Wildfires
  • VDM Questions Miracle At Pastor Paul Enenche’s Church
  • 2027: Maintain Rotational Presidency, South Deserves To Complete Its Term – Laolu Akande Warns
  • Cubana Chiefpriest Taunted Over Unfulfilled Promise To Help Speed Darlington
  • ‘Shadow’ Tanker Stranded In Baltic Sea, Germany Points Finger At Russia
  • Ukrainian Forces Capture Wounded North Korean Soldiers In Kursk
  • Anambra 2025: Ifeanyi Ubah’s Supporters Merge Structure With Paul Chukwuma
  • David Moyes Rejoins Everton On Two And Half Year Deal
X (Twitter) Instagram
Govima NewsGovima News
Subscribe
Sunday, January 12
  • Home
  • Entertainment
  • National
  • International
  • Tech
  • Politics
  • Sports
  • PMNI
  • More
    • Business
    • Culture
    • Education
    • History
    • Health
  • Featured
    • Govima Travel
    • Govima Media
    • Govima TV
Govima News
Home»National

Tinubu Launches National Single Window Project To Save Nigeria $4bn Annually

Omolemi EboisetaleBy Omolemi EboisetaleApril 17, 2024Updated:April 17, 2024 National No Comments2 Mins Read
Share Facebook Twitter LinkedIn Email WhatsApp

President Bola Tinubu inaugurated the National Single Window Project, projecting a potential annual savings of $4 billion for the nation. 

The initiative, unveiled at the Council Chamber of the State House in Abuja, seeks to streamline trade operations by providing a centralized digital platform accessible to both domestic and international trade stakeholders.

President Tinubu stated the economic significance of the project, highlighting its potential to curtail losses incurred due to bureaucratic hurdles and corruption in trade operations.

By implementing a Single Window system, Nigeria aims to optimize efficiency, expedite cargo movement, and enhance inter-African trade, potentially unlocking an annual economic benefit of $2.7 billion through paperless transactions.





President Tinubu stressed the need of shedding the complexities hindering Nigeria’s economic growth, asserting the country’s readiness to embrace streamlined, decentralized trade processes.

He stated the project’s role in fostering transparency, security, and a conducive business environment to attract investments and propel economic development.

The President acknowledged the challenges ahead, recognizing the need for dedication, collaboration, and a phased approach in implementing the National Single Window Project. He assured stakeholders of full support and urged them to dismantle obstacles obstructing trade efficiency.

The initiative received widespread endorsement from key stakeholders, including the Managing Director of the Nigerian Ports Authority, Bello Koko, who affirmed the commitment to clearing imports within 24 hours—a significant reduction compared to neighboring countries’ processing times.

Koko outlined the project’s focus on unifying shipment information across government agencies, aiming to minimize paperwork and enhance operational efficiency.

#President Tinubu National Single Window Project
Share. Facebook Twitter LinkedIn WhatsApp
Omolemi Eboisetale
  • Website

Keep Reading

Nigeria, China Strengthen Ties As Ministers Meet In Abuja

Nigeria’s GDP To Include Illegal And Hidden Activities In Economic Calculations – NBS

US Returns $52.88 Million In Diezani Alison-Madueke Corruption Case

Breaking: Federal Government Announces Shorter Review Period For Minimum Wage

Oyo State Welcomes New Alaafin After Prolonged Selection Process

President Tinubu To Attend Abu Dhabi Sustainability Week 2025

Add A Comment

Comments are closed.

Here is spotlighting many benefits of journeying with either Lagos State’s Blueline or Redline rails for a hassle-free day, week, month and year. Thank God for the Igbega Eko. Together we rise.
Video Player
https://youtu.be/V67GV8wgyjw
00:00
00:00
00:00
Use Up/Down Arrow keys to increase or decrease volume.

Latest Posts

  • American Rapper DDG Considers Relocating To Lagos Amid LA Wildfires
  • VDM Questions Miracle At Pastor Paul Enenche’s Church
  • 2027: Maintain Rotational Presidency, South Deserves To Complete Its Term – Laolu Akande Warns
  • Cubana Chiefpriest Taunted Over Unfulfilled Promise To Help Speed Darlington
  • ‘Shadow’ Tanker Stranded In Baltic Sea, Germany Points Finger At Russia
Featured
About Govima

Govima was founded with the goal of helping clients thrive in today’s highly competitive marketing environment. While other companies rush to abandon traditional marketing in favour of digital techniques, we’ve bolstered our offline marketing capabilities while also equipping our team with seasoned professional knowledge to support our clients’ digital needs.

Through creative designs, we enhance our clients’ products and services the right way that would attract their target audience, thus, making the perception of their company a reality.

  • LTV 8, Agidingbi Road, Alausa, Ikeja, Lagos.
  • +234 806 003 7277
  • info@govima.com
Govima, Your Best Plug For Bus Stop Shelter Ad

LATEST POSTS

American Rapper DDG Considers Relocating To Lagos Amid LA Wildfires

January 12, 2025

VDM Questions Miracle At Pastor Paul Enenche’s Church

January 12, 2025

2027: Maintain Rotational Presidency, South Deserves To Complete Its Term – Laolu Akande Warns

January 12, 2025

Cubana Chiefpriest Taunted Over Unfulfilled Promise To Help Speed Darlington

January 12, 2025

‘Shadow’ Tanker Stranded In Baltic Sea, Germany Points Finger At Russia

January 12, 2025
Featured

Subscribe to Updates

Get the latest news from Govima about politics, economy, health ad business.

Facebook X (Twitter) Instagram Pinterest
© 2025

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