The customs boss, however, said that compliant traders and businesses of significant benefits should embrace the benefit of the innovation, assuring them that the platform will be a game-changer in the realm of trade facilitation.
“It is believed that the AEO project will contribute to ease of doing business across various sectors and attract investors into the country. The process, which is expected to improve security and efficiency in fast-tracking goods, will reduce turnaround time for importers and double up the chances of generating revenue.”
Adeniyi added that the platform will strengthen the mutual recognition between the service and stakeholders. “Some of the benefits that AEO brings are reducing examination and priority examination, amongst others,” he concluded.All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.
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