Chinese, Nigerian customs agencies sign trade facilitation MoU

15 May '24

1 min read

Chinese, Nigerian customs agencies sign trade facilitation MoU

Nigeria's comptroller general of customs (CGC) Adewale Adeniyi (L) with GACC vice minister Wang Lingjun (C). Pic: Nigeria Customs/X (formerly Twitter)

Insights

The Nigeria Customs Service recently signed an MoU with China's General Administration of Customs to enhance trade and economic growth.
The MoU will create a cooperative mechanism for both sides to collaborate on supply chain security standards and enhance the economic stability of both nations, Nigeria's comptroller general of customs Adewale Adeniyi said.

The Nigeria Customs Service (NCS) recently signed a memorandum of understanding (MoU) in Shenzhen with China’s General Administration of Customs (GACC) to enhance trade and economic growth.

Nigeria’s comptroller general of customs (CGC) Adewale Adeniyi visited Shenzhen last week. GACC vice minister Wang Lingjun and signed the MoU from China’s side.

“The relationship will create a cooperative mechanism for NCS and the GACC to collaborate on supply chain security standards and enhance the economic stability of both nations,” Adeniyi was quoted as saying by a post on X (formerly Twitter) by NCS.

“We know a lot of Nigerian companies and SMEs [small and medium enterprises] take advantage of the opportunities aided through e-commerce,” he said.

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