Latest news

Agents seek two-year validity for brokerage licence


The Africa Association of Professional Freight Forwarders and Logistics of Nigeria has recommended a two-year validity period for broking licences issued by Nigeria Customs Service.

The National President of APFFLON, Frank Ogunojemite, disclosed this in a statement on Wednesday.

He also congratulated the NCS on its first issuance of the Pre-Arrival Assessment Report under the B’Odogwu (Unified Customs Management System).

B’Odogwu is an indigenous replacement for the Nigeria Integrated Customs Information System, designed to modernise customs operations, enhance efficiency in trade documentation, and strengthen inter-agency collaboration.

Recall that this recent issuance of PAAR under the B’Odogwu platform follows the recent strategic engagement between the Comptroller-General of Customs, Adewale Adeniyi, and the Governor of the Central Bank of Nigeria, Olayemi Cardoso, where both institutions reaffirmed their commitment to seamless trade processes, enhanced revenue collection, and improved financial integration.

Speaking further, Ogunojemite stated that the extension of the NCS licences from annually to biennially could have numerous benefits for licensed agents as well as the NCS.

He itemised some of these benefits to include “reduced administrative burden, lower economic costs of agents, increased efficiency, enhanced predictability, among others”.

According to him, reducing the frequency of licence renewals from one year to two years “could decrease the administrative burden on businesses and the NCS. A longer licence period could simplify compliance procedures, allowing businesses to focus on their core activities.”

He added that a two-year period could also enable businesses to plan more effectively, making it easier to manage logistics and supply chains.

Ogunojemite maintained that a longer licence period could provide greater predictability for businesses, allowing them to make more informed decisions.

“Extending the license period could reduce the costs associated with frequent renewals, such as application fees and documentation costs. Businesses would need to devote fewer resources to ensuring ongoing compliance,” Ogunojemite said.

The freight forwarder equally argued that a two-year licence period could allow for more thorough risk assessments, enabling the Customs to better identify and mitigate potential security risks, even as enhanced monitoring will be attained.

Tags :

Related Posts

Must Read

Popular Posts

The Battle for Africa

Rivals old and new are bracing themselves for another standoff on the African continent. By Vadim Samodurov The attack by Tuareg militants and al-Qaeda-affiliated JNIM group (Jama’a Nusrat ul-Islam wa al-Muslimin) against Mali’s military and Russia’s forces deployed in the country that happened on July 27, 2024 once again turned the spotlight on the activities...

I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...