Customs targets $200bn revenue, partners Trade Modernisation Project to enhance service delivery | TheCable

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Customs targets $200bn revenue, partners Trade Modernisation Project to enhance service delivery | TheCable
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.CustomsNG targets $200bn revenue, partners Trade Modernisation Project to enhance service delivery | TheCable

The service is seeking to hit the target by collaborating with the Trade Modernisation Project Limited, under a public, private partnership arrangement.

“The financing for the first phase of the project, in the sum of $300 million, together with a cash backed [of] $9 million performance bond in favour of the NCS, have been secured through our financial partners. The chairman said the project will be implemented through the delivery of a unified customs management system , trade portal, non-intrusive inspection system, electronic cargo tracking system , and cargo release system among others.

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