Close Menu
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    SweetCrudeReportsSweetCrudeReports
    Subscribe
    • Home
    • Oil
    • Gas
    • Power
    • Solid Minerals
    • Labour
    • Financing
    • Freight
    • Community Development
    • E-Editions
    SweetCrudeReportsSweetCrudeReports
    Home » Nigeria Customs, financial sector partner to streamline duty payments

    Nigeria Customs, financial sector partner to streamline duty payments

    April 20, 2025
    Share
    Facebook Twitter LinkedIn WhatsApp
    *Leadership of the Nigeria Customs Service (NCS) has launched B’Odogwu, a new Unified Customs Management System, starting with a pilot phase in Lagos at Port & Terminal Multi-Services Limited (PTML).

    Esther Oritse

    Lagos — Following the successful rollout of its Unified Customs Management System (UCMS), codenamed B’odogwu, the Nigeria Customs Service (NCS) has ramped up strategic engagements with key stakeholders to reinforce progress and promote full-scale system integration.

    In a virtual meeting held earlier in the week, the management of Customs Service engaged officials of Access Bank to align operational frameworks and deepen collaboration in support of trade facilitation and financial system integration.

    Speaking at the meeting, Deputy Comptroller-General of Customs in charge of ICT and Modernisation, Kikelomo Adeola, reaffirmed the Service’s commitment to seamless stakeholder integration in the post-deployment consolidation phase.

    She explained that the engagement focused on enhancing synergy between Customs and the financial sector, particularly in streamlining payment systems, boosting data exchange, and ensuring real-time processing of trade-related transactions through the B’odogwu platform.

    She said: “Our next priority is to strengthen partnerships with financial institutions like Access Bank to fully unlock the platform’s potential for automation, transparency, and trade efficiency.

    “With B’odogwu now operational, the NCS is steadily advancing toward a fully digital, integrated, and globally compliant Customs system that supports Nigeria’s economic aspirations.

    “To achieve optimal functionality, all players within the trade value chain must be fully integrated. This engagement with Access Bank is not just timely—it is strategic.”

    Adeola explained that B’Odogwu, developed as an indigenous solution, has already transformed Customs operations by unifying procedures, automating declarations, and enabling real-time transaction monitoring.

    Similarly, Olatunbosun Oladunke, Head of Global Trade at Access Bank, commended the NCS for its forward-thinking digital transformation and assured the Bank’s support.

    “The B’odogwu platform represents a major leap in digital trade processing. Access Bank is fully aligned with the NCS vision and is committed to ensuring system compatibility—particularly in trade finance and payment automation,” he said.

    Also commenting, Olakunle Aderinokun, Head of Media and Public Relations at Access Holdings/Access Bank, stressed the importance of stakeholder engagement and public awareness.

    “Public buy-in is critical to the success of any reform. We will collaborate with the Service to drive awareness of B’odogwu and educate stakeholders on the value it brings to the trading ecosystem,” he stated.

    The meeting forms part of the NCS’s broader strategy to accelerate its trade modernisation agenda through strategic partnerships, transparency, and continuous innovation.

    Related News

    NIMASA confirms single digit interest rate on CVFF disbursement

    Snake Island Port recommits to Nigeria’s industrialization goals

    Rivers women demand urgent action against sea piracy

    Comments are closed.

    E-book
    Resilience Exhibition

    Latest News

    “Serve selflessly to impact communities” – Ibas charges Corps Members

    May 13, 2025

    NIMASA confirms single digit interest rate on CVFF disbursement

    May 13, 2025

    Edun recommits to private sector led growth for Nigeria

    May 13, 2025

    Snake Island Port recommits to Nigeria’s industrialization goals

    May 13, 2025

    Seplat Energy commits to leading Nigeria’s indigenous gas revolution

    May 13, 2025
    Demo
    Facebook X (Twitter) Instagram
    • Opec Daily Basket
    • Oil
    • Power
    • Gas
    • Freight
    • Financing
    • Labour
    • Technology
    • Solid Mineral
    • Conferences/Seminars
    • Community Development
    • Nigerian Content Initiative
    • Niger-Delta Question
    • Insurance
    • Other News
    • Focus
    • Feedback
    • Hanging Out With Markson

    Subscribe for Updates

    Get the latest energy news from Sweetcrudereports.

    Please wait...
    Please enter all required fields Click to hide
    Correct invalid entries Click to hide
    © 2025 Sweetcrudereports.
    • About Us
    • Advertise with us
    • Privacy Policy

    Type above and press Enter to search. Press Esc to cancel.