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Home » IMF Backs Nigeria’s Single Window Trade Project

IMF Backs Nigeria’s Single Window Trade Project

by Joshua
April 4, 2025
in Featured, News

Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has received a delegation from the IMF Fiscal Affairs Department led by Marco Antonio, technical assistance advisor for revenue administration, to discuss the ongoing Single Window Project.

 

A statement by the Ministry on Wednesday said the IMF expressed support for the initiative, aimed at streamlining trade processes, increasing government revenue, and enhancing the ease of doing business.

 

Edun affirmed that the project is well underway, with approvals secured, a dedicated team in place, and a structured implementation plan.

 

He underscored the initiative’s potential to catalyse export growth, particularly with Nigeria on course to achieve 1.2 million barrels of daily oil production.

 

Describing the project as a transformative economic tool, Edun reiterated the government’s commitment to its success, citing the strategic leadership of President Tinubu and the support of the Nigeria Customs Service as key to its execution.

 

On his part, Antonio praised the NSW project, among other reforms, and inquired about how the IMF could provide further assistance for its successful implementation.


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