FIRS Reveals Streamlined Trade Could Boost GDP

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Zacch-Adedeji-FIRS

Zacch Adedeji, chairman of the Federal Inland Revenue Service (FIRS), says the newly inaugurated national single window (NSW) project is a catalyst for achieving an average gross domestic product (GDP) growth rate of 7 percent annually in Nigeria.

Adedeji spoke on Tuesday during the inauguration of the project and the steering committee members in Abuja

The NSW, domiciled at the FIRS, is an electronic portal that links all agencies and players in import and export processes to an integrated platform.

Adedeji said the project aligns with President Bola Tinubu’s commitment to stimulating the economy, adding that the NSW would go a long way to unlocking the country’s true potential.

“As we strive towards achieving sustainable economic growth, we must embrace high-impact projects such as the national single window,” he said.

“By simplifying the government trade compliance process through a cutting-edge digital platform, we will unlock a myriad of economic benefits.

“This initiative will serve as a catalyst for achieving an average GDP growth rate of 7 percent annually, propelling Nigeria to new heights of prosperity.

“The national single window is not just a technological advancement; it is the gateway to a more connected, efficient, and transparent system.”

Adedeji said a seamless ecosystem that facilitates trade, saves time for businesses, and opens up a world of opportunities would be created by linking Nigeria’s ports, government agencies, and key stakeholders.

“From providing access to education and healthcare to enabling small businesses to reach global markets, digital connectivity is the key to unlocking Nigeria’s true potential,” Adedeji said.

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