• Latest
  • Trending
  • All
Customs CG Highlights ‘Nigeria First’ Initiative To Bolster Trade, National Security

Customs CG Highlights ‘Nigeria First’ Initiative To Bolster Trade, National Security

May 12, 2025
NCC Engages Stakeholders To Rejig Telecoms Policy

NCC Engages Stakeholders To Rejig Telecoms Policy

February 18, 2026
Ecobank Nigeria Fully Repays Tendered US$300m Eurobond Notes

Ecobank Nigeria Fully Repays Tendered US$300m Eurobond Notes

February 18, 2026
Zenith Bank Dissociates Chairman from ‘Fraudulent’ AI Investment Scheme

Zenith Bank Dissociates Chairman from ‘Fraudulent’ AI Investment Scheme

February 18, 2026
Family of Late Ooni Ajagunlawarikan Ademuliyi Alleges Intimidation by Hon. Kanmi Over Farmland

Family of Late Ooni Ajagunlawarikan Ademuliyi Alleges Intimidation by Hon. Kanmi Over Farmland

February 14, 2026
SCID Lagos honours 15 Retired Police Officers 

SCID Lagos honors 15 Retired Police Officers 

February 14, 2026
Odu’a Investment Unveils 30 By 2030 Growth Agenda

Odu’a Investment Unveils ‘30 by 2030’ Growth Agenda

February 12, 2026
Anikulapo: My Films Aren’t For Everyone — Kunle Afolayan Speaks On Latest Film

Anikulapo: My Films Aren’t For Everyone — Kunle Afolayan Speaks On Latest Film

February 12, 2026
Why I Regret Strained Relationship with My Late Dad - Actor

Why I Regret Strained Relationship With My Late Dad – Actor

February 12, 2026
Why Youths Must Embrace Agriculture More

Why Youths Must Embrace Agriculture More – ArcView MD

February 12, 2026
FHHP: Fidelity Bank Donates Essential Items to Ikoyi Correctional Centre

FHHP: Fidelity Bank Donates Essential Items to Ikoyi Correctional Centre

February 12, 2026
UBA to Revamp Agency, Merchant Banking with Improved Features, More Value on RedPay Terminals

UBA to Revamp Agency, Merchant Banking with Improved Features, More Value on RedPay Terminals

February 11, 2026
ADC Inaugurates Southwest Zonal Committee in Ibadan, Reaffirms Unity

ADC Inaugurates Southwest Zonal Committee in Ibadan, Reaffirms Unity

February 11, 2026
How to Foster Speedy Regional Dev't in Nigeria – Osinbajo

How to Foster Speedy Regional Dev’t in Nigeria – Osinbajo

February 11, 2026
Global Clusters Targets 37m youths digital literacy with SparkHubs

Global Clusters Targets Digital Literacy for 37m Youths with SparkHubs launch

February 11, 2026
Lagos Police Nab 2 Suspected Armed Robbers, Recover Firearms in Ajegunle, Ojo

Lagos Police Nab 2 Suspected Armed Robbers, Recover Firearms in Ajegunle, Ojo

February 5, 2026
Wema Bank Marks International Day of Education with Visit to Lagos School, Others

Wema Bank Marks International Day of Education with Visit to Lagos School, Others

February 4, 2026
Thursday, February 19, 2026
  • Login
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
No Result
View All Result
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech
Home News

Customs CG Highlights ‘Nigeria First’ Initiative To Bolster Trade, National Security

by Reporter theconscienceng
May 12, 2025
in News, Trending
0
Customs CG Highlights ‘Nigeria First’ Initiative To Bolster Trade, National Security

Bashir Adeniyi

Share on FacebookShare on Twitter
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share

images 1 3 2

Customs CG Highlights ‘Nigeria First’ Initiative To Bolster Trade, National Security

THECONSCIENCE  NG reports that the Comptroller-General of Customs, Bashir Adewale Adeniyi, has called for the adoption of the “Nigeria First” initiative as a cornerstone for enhancing cross-border trade and safeguarding national security. He made this call while delivering a keynote lecture at the Obafemi Awolowo University Muslim Graduates’ Association (UNIFEMGA) annual conference in Ile-Ife, Osun State, on Saturday, 10 May 2025.

 

Speaking on the topic “Cross-Border Trade and Security Implications on the Nigerian Economy: Taking Advantage of Global Trade Dynamics”, CGC Adeniyi emphasised the need for strategic alignment between trade facilitation and security imperatives. He revealed that Nigeria’s trade value surged to ₦196.94 trillion in 2024, marking a 179.3% increase over the previous year despite persistent security threats across various borders.

 

He said “Nigeria’s economic prosperity hinges delicately on our ability to strike an optimal balance between security imperatives and trade facilitation”.

 

Highlighting the achievements of the Service, the CGC disclosed that the NCS collected a record ₦6.1 trillion in revenue in 2024, exceeding its target by 20.2%. He described the feat as a testament to the Service’s resilience and innovation in a complex operating environment.

READ MORE:  Phone Safety: Truecaller launches New Feature To Combat Spam SMS, Others

 

The CGC dissected region-specific security challenges and their implications on trade. In the Northeast, the insurgency continues to disrupt established trade corridors. However, he noted that collaborative initiatives such as the World Customs Organisation’s Project Securité par Collaboration (SPC++) have provided alternative trade mechanisms suited for conflict-affected areas.

 

In the Northwest, he pointed to the impact of banditry and kidnapping on mining operations, stressing the urgent need for integrated regulatory and security strategies. He added that cattle rustling in Northern Nigeria has crippled the livestock value chain, affecting associated industries like meat processing and leather production.

 

Turning to the Southeast, the CGC cited disruptions caused by secessionist movements, particularly on manufacturing hubs in Aba, Onitsha, and Nnewi. In the Southwest, he described the smuggling of petroleum products, arms, and restricted goods as a significant threat, disclosing that contraband valued at ₦35.29 billion was intercepted in 2024 alone, with an additional ₦7.7 billion worth seized in Q1 2025.

READ MORE:  Zenith Bank Lights Up Ajose Adeogun Street Ahead of Christmas

 

He said, “These regional security challenges present Nigeria with a choice: remain trapped in a cycle of reactive responses or transform our hard-earned expertise into strategic advantage within the AfCFTA framework.”

 

The CGC explained that the Nigeria First initiative has already taken root within the Service’s operations, particularly through the procurement of locally assembled vehicles. “All operational vehicles purchased by the Nigeria Customs Service this fiscal year were sourced from Nigerian auto plants,” he said, noting that the move was a deliberate step to support domestic industries and conserve foreign exchange.

 

Looking ahead, CGC Adeniyi unveiled a three-tier roadmap for securing and optimising border trade. Immediate interventions include the modernisation of key border posts such as Seme-Krake (Benin), Jibia-Maradi (Niger), and Mfum-Ekok (Cameroon). Medium-term plans involve the creation of secure trade corridors equipped with surveillance and rapid-response mechanisms, while long-term strategies focus on establishing Special Economic Zones around border communities.

READ MORE:  19-Year-Old Suspected Kidnapper Arrested With N3.6m Ransom In Ondo

 

He also addressed global trade disruptions, citing the recent 14% reciprocal tariff by the United States on Nigerian non-oil exports as a wake-up call for market diversification. He urged the business community to leverage the $3.4 trillion African Continental Free Trade Area (AfCFTA) opportunity and embrace innovations such as the Pan-African Payment and Settlement System (PAPSS), which allows intra-African trade using local currencies.

 

“Through systematic application of these principles, Nigeria can establish itself as the secure gateway to West African markets, leveraging security investments to strengthen our economic position in regional and global trade,” the CGC concluded.

 

The lecture was delivered in the presence of prominent dignitaries, including the Governor of Osun State, His Excellency Senator Ademola Adeleke; the Ooni of Ife, His Imperial Majesty Oba Adeyeye Enitan Ogunwusi; and the Vice Chancellor of Obafemi Awolowo University, Professor Adebayo Simeon Bamire.

Share this:

  • Share on X (Opens in new window) X
  • Share on Facebook (Opens in new window) Facebook
  • Share on WhatsApp (Opens in new window) WhatsApp

Like this:

Like Loading...

Related

Tags: Customs CG
ShareTweet
Previous Post

Odua Investment To Hold 43rd AGM on Thursday

Next Post

NPA Denies Financial Misuse Allegations

Reporter theconscienceng

Reporter theconscienceng

Related Posts

NCC Engages Stakeholders To Rejig Telecoms Policy
Tech

NCC Engages Stakeholders To Rejig Telecoms Policy

by TheConscience NG
February 18, 2026
Ecobank Nigeria Fully Repays Tendered US$300m Eurobond Notes
Business

Ecobank Nigeria Fully Repays Tendered US$300m Eurobond Notes

by TheConscience NG
February 18, 2026
Zenith Bank Dissociates Chairman from ‘Fraudulent’ AI Investment Scheme
Crime/General

Zenith Bank Dissociates Chairman from ‘Fraudulent’ AI Investment Scheme

by TheConscience NG
February 18, 2026
Family of Late Ooni Ajagunlawarikan Ademuliyi Alleges Intimidation by Hon. Kanmi Over Farmland
Crime/General

Family of Late Ooni Ajagunlawarikan Ademuliyi Alleges Intimidation by Hon. Kanmi Over Farmland

by TheConscience NG
February 14, 2026
SCID Lagos honours 15 Retired Police Officers 
News

SCID Lagos honors 15 Retired Police Officers 

by TheConscience NG
February 14, 2026
Odu’a Investment Unveils 30 By 2030 Growth Agenda
Business

Odu’a Investment Unveils ‘30 by 2030’ Growth Agenda

by TheConscience NG
February 12, 2026
Next Post
NPA Denies Financial Misuse Allegations

NPA Denies Financial Misuse Allegations

No Result
View All Result

Recent Posts

  • NCC Engages Stakeholders To Rejig Telecoms Policy
  • Ecobank Nigeria Fully Repays Tendered US$300m Eurobond Notes
  • Zenith Bank Dissociates Chairman from ‘Fraudulent’ AI Investment Scheme
  • Family of Late Ooni Ajagunlawarikan Ademuliyi Alleges Intimidation by Hon. Kanmi Over Farmland
  • SCID Lagos honors 15 Retired Police Officers 

Get the latest news on the go!

Enter your email address

© 2025 TheConscience NG

TheConscience NG

  • About
  • Contact Us
  • Privacy-Policy
  • Terms and Conditions
  • TheConscienceNg.com | Breaking & Verified Nigerian News on the go!

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
X
Subject:
Message:
Ajax loader
No Result
View All Result
  • News
  • Business
  • Politics
  • Crime
  • Entertainment
  • Featured
  • Icons
  • Opinion
  • World
  • Tech

© 2025 TheConscience NG

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
Share with friends
Share on Facebook Share
Share
Share on Twitter Share
Share
Share on Linkedin Share
Share
%d