Nigeria’s Customs Service (NCS) is pushing for major changes to the country’s customs laws to support digital trade growth. The agency has called for sweeping legislative reforms, arguing that current provisions are outdated and hinder the country’s ability to compete in the global digital economy. The NCS emphasized the need for updated legal frameworks to address the challenges posed by e-commerce and digital transactions.
The move comes as Nigeria seeks to boost its trade capabilities in an increasingly digital world. The NCS highlighted that existing laws are not equipped to handle the complexities of modern trade, including cross-border data flows and digital goods. Without reform, the agency warned, Nigeria risks falling behind in the global trade landscape.
The proposal has been presented to the Senate, where lawmakers are expected to review the recommendations. If passed, the reforms could significantly streamline customs operations and enhance Nigeria’s position in international trade. The NCS has stressed the importance of collaboration between government agencies and private sector stakeholders to ensure the success of the reforms. (businessday.ng)
