To boost Nigeria’s trade and economic growth, the federal government yesterday launched the National Single Window (NSW) Project kick off workshop in Abuja.
The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, kicked off the launch of the transformative initiative, which aims to streamline trade processes, reduce bottlenecks, and increase transparency, positioning Nigeria for economic growth.
A statement issued by the Director, Information and Public Relations, Ministry of Finance, Mohammed Manga quoted Edun as underscoring the transformative potential of the NSW in enhancing Nigeria’s trade facilitation and driving economic growth.
The initiative, Edun informed, is a key pillar in the federal government’s strategy to improve trade and customs processes, reduce bottlenecks, and increase transparency within the nation’s trade environment.
To ensure the effective implementation and financial management of the project, Edun explained that the Federal Inland Revenue Service (FIRS), led by its Executive Chairman, Zacch Adedeji, and the Nigerian Sovereign Investment Authority (NSIA) have been designated as the project’s implementing agencies.