Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has said the implementation of the National Single Window (NSW) project will significantly transform trade facilitation in Nigeria and reinforce ongoing efforts to stabilise the economy.

Speaking to journalists shortly after chairing the 63rd quarterly meeting of the Nigeria Customs Service Board at the Customs House in Maitama, Abuja, Edun explained that the initiative, scheduled for rollout in the first quarter of 2026, will integrate digital automation to enhance efficiency in both import and export processes.

 “The National Single Window is a legacy project of President Bola Ahmed Tinubu. It will revolutionise trade by reducing bottlenecks, cutting costs, and speeding up cargo clearance. This combination of digital automation and efficiency will significantly boost our economy,” the Minister said.

According to him, Customs has already deployed WCO-accredited officers, who contributed to drafting the business process requirements, participated in vendor selection, and are continuing to provide technical support under the Trade Modernisation Project Limited.

The NSW initiative, introduced under President Tinubu’s administration, aims to unify all trade-related government agencies on a single digital platform, harmonise clearance processes, reduce bureaucracy, and strengthen Nigeria’s competitiveness in global commerce.

Edun noted that the reform would also complement fiscal measures that have begun stabilising inflation, improving the exchange rate, and bolstering Nigeria’s trade balance and foreign reserves.

On Customs’ half-year performance, the Minister disclosed that between January and June 2025, the Service collected ₦3.68 trillion in revenue, surpassing projections by 11.85 percent and reflecting a 25 percent increase compared to the same period in 2024.

 “Revenue for the first six months stood at about ₦3.7 trillion, which is above target by almost 12 percent and represents a strong improvement over last year. Customs has demonstrated that reforms and technology can significantly enhance revenue mobilisation,” he said.

Edun stressed that the performance was critical not only for the Federal Government but also for State and Local Governments, given Customs’ contribution to the Federation Account.

 “The revenue being generated feeds directly into the Federation Account and supports the budget of all tiers of government. With the Single Window initiative fully operational, we expect even greater efficiency and higher returns,” he stated.