FIRS: National single window will help Nigeria achieve 7% GDP annually

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Zacch Adedeji, FIRS chairman, says the newly inaugurated national single window project is a catalyst for achieving an average GDP growth

Zacch Adedeji, chairman of the Federal Inland Revenue Service , says the newly inaugurated national single window project is a catalyst for achieving an average gross domestic product growth rate of 7 percent annually in Nigeria.during the inauguration of the project and the steering committee members in Abuja

“By simplifying the government trade compliance process through a cutting-edge digital platform, we will unlock a myriad of economic benefits. “The heavy costs, delays, and inefficiencies at our ports have been a constant burden. It is estimated that a staggering $4 billion annually is lost due to these inefficiencies.“By addressing revenue leakage prevention and facilitating effective trade, we will reclaim these lost resources and channel them towards the betterment of our society.

 

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