FG to unveil export digital platform December 14

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The Federal Government will launch a new export digital platform on December 14 to block revenue leakages and simplify export documentation in Nigeria. Read More:…

The Federal Government has vowed to block revenue leakages, strengthen regulatory compliance and eliminate unnecessary protocols in Nigeria’s export sector through the second phase of the National Single Window project.

The Director of the National Single Window Project, Tola Fakolade, stated this on Thursday during the Phase Two National Single Window Sensitisation Programme held in Port Harcourt, Rivers State.

According to Fakolade, the platform would simplify export documentation and permit processing by providing a single digital point through which exporters could submit documents and obtain approvals from relevant regulatory agencies.

He explained that the first phase of the project, which focused on the submission of licences and permits, had recorded significant successes, particularly in enforcing compliance and preventing revenue leakages.

Fakolade noted that feedback from participating agencies showed that the platform’s compliance mechanisms had helped ensure that users adhered to regulatory requirements.

“I will use a very good example of the first phase that we implemented. One of the testimonials we got from some of the agencies from the first phase is that because of the enforcement compliance on the platform it actually forces users to be compliant.

“When there is compliance, then there is a blockade of revenue leakages. So we’ve got feedback that it actually helped them to ensure that people comply.

“So we believe that building on the success that we have in the first phase in this second phase that is based on export we believe that we can build on that and achieve our objectives as laid out,” he stated.

Fakolade expressed confidence that the achievements recorded in the first phase would provide a solid foundation for the export component, which he said was designed to improve efficiency and transparency in international trade.

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