As part of its efforts to strengthen bilateral cooperation with other global agencies the Nigeria Customs Service (NCS), has signed a Customs Mutual Administrative Agreement (CMAA) with the India Revenue Service (Customs & Indirect Taxes), also known as IRS.
The Comptroller-General of the NCS, Mr, Adewale Adeniyi, who signed the pact, which formed part of the engagements during the state visit by the Indian Prime Minister on 17 November 2024 at the State House, Abuja at a brief ceremony held at the Ministry of Foreign Affairs in Abuja, expressed optimism that the deal would help in facilitating faster border clearance, amongst other benefits.
Adeniyi described the CMAA as a milestone achievement, culminating from negotiations that began in 2016.
He expatiated: “The agreement is expected to enhance collaboration between customs administrations, streamline border clearance processes, and curb customs-related offenses. By facilitating the swift clearance of goods and reducing trade costs, the CMAA is set to bolster cross-border trade development and improve the enforcement of customs laws.”
According to him, some of the provisions of the CMAA include enforcement of customs laws by ensuring accurate imposition of duties and taxes; verification processes through the facilitation of proper classification, valuation, and determination of goods’ origin; prevention and investigation by strengthening mechanisms to combat customs offences.
In addition, the agreement also provided for information exchange through the establishment of robust channels for communication and mutual assistance, including providing expert witnesses where necessary.
Maritime industry experts believe that the agreement underscores Nigeria’s commitment to fostering international trade partnerships while reinforcing efficiency of its Customs’ operations.
