shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » NCS, HMRC Move To Bridge £1.2bn Trade Data Gap, Advance Digital Border Cooperation

NCS, HMRC Move To Bridge £1.2bn Trade Data Gap, Advance Digital Border Cooperation

by Joshua
March 20, 2026
in Featured, News

NCS, HMRC Move To Bridge £1.2bn Trade Data Gap, Advance Digital Border Cooperation

The Nigeria Customs Service (NCS) and the United Kingdom’s His Majesty’s Revenue and Customs (HMRC) have initiated moves to address a £1.2 billion discrepancy in bilateral trade data, while deepening cooperation on digital border management and trade facilitation.

This formed the crux of a high-level bilateral meeting held in London on March 18, 2026, under the Nigeria–United Kingdom Enhanced Trade and Investment Partnership (ETIP), on the sidelines of President Bola Ahmed Tinubu’s state visit to the United Kingdom.

The Comptroller-General of Customs, Bashir Adewale Adeniyi, led the Nigerian delegation, while Ms Megan Shaw, Head of International Customs and Border Engagement at HMRC, represented the UK. Discussions focused on advancing customs modernisation, improving transparency in trade data, and strengthening operational collaboration between both administrations.

At the centre of the engagement was the significant gap in trade figures between both countries. Statistics show that Nigeria recorded approximately £504 million in imports from the United Kingdom in 2024, whereas the UK reported exports to Nigeria valued at about £1.7 billion within the same period, leaving a discrepancy of over £1.2 billion.

Both parties described the mismatch as a structural issue and agreed on the need for coordinated action. To address this, they proposed the establishment of a structured pre-arrival data exchange framework between their respective digital customs systems. The initiative is expected to enhance risk management, improve data reconciliation, and strengthen compliance monitoring across the Nigeria–UK trade corridor.

Speaking during the meeting, Adeniyi stressed that effective customs cooperation remains a key driver of economic growth and sustainable trade development. He noted that Nigeria and the United Kingdom share a long-standing trade relationship spanning sectors such as agriculture, energy, industrial goods, and consumer products.

He added that customs administrations play a critical frontline role in ensuring that trade flows remain transparent, secure, and mutually beneficial.

The engagement also provided an opportunity for both countries to present their customs modernisation efforts. HMRC highlighted its deployment of artificial intelligence-driven tools, digital verification systems, and real-time analytics capabilities to improve border efficiency.

Both sides underscored the importance of deeper collaboration in technology deployment, particularly in the area of digital border management.

Key outcomes of the meeting include plans to develop a Customs Mutual Administrative Assistance Framework, commence technical scoping for capacity building and knowledge exchange, and establish a joint technical engagement mechanism under the ETIP framework.

The Nigeria Customs Service reaffirmed its commitment to strengthening international partnerships as part of its broader modernisation agenda. It stated that outcomes from the engagement would enhance operational efficiency, boost trade facilitation, and support Nigeria’s economic reform objectives under the Renewed Hope programme.


Related Posts

FG Secures £746m To Upgrade Apapa, Tin Can Island Ports

FG Secures £746m To Upgrade Apapa, Tin Can Island Ports

April 10, 2026
BOAN Seeks Regulatory Reforms to Strengthen Barge Operations in Nigeria’s Port System

BOAN Seeks Regulatory Reforms to Strengthen Barge Operations in Nigeria’s Port System

April 10, 2026
Customs Intercepts Live Pangolin Smugglers In Major Wildlife Trafficking Crackdown

Customs Intercepts Live Pangolin Smugglers In Major Wildlife Trafficking Crackdown

April 10, 2026
FG Inaugurates NCX Governing Board To Boost Commodity Market, Non-Oil Exports

FG Inaugurates NCX Governing Board To Boost Commodity Market, Non-Oil Exports

April 10, 2026

Latest News

FG Secures £746m To Upgrade Apapa, Tin Can Island Ports

FG Secures £746m To Upgrade Apapa, Tin Can Island Ports

April 10, 2026

BOAN Seeks Regulatory Reforms to Strengthen Barge Operations in Nigeria’s Port System

Customs Intercepts Live Pangolin Smugglers In Major Wildlife Trafficking Crackdown

Vessels Expected At Lagos Ports As At 10th April, 2026

FG Inaugurates NCX Governing Board To Boost Commodity Market, Non-Oil Exports

Nigeria Spends $10bn On Food Importation Annually-Association

Strait of Hormuz Opens As U.S., Iran Agree Two-Week Ceasefire

NASS Backs Tantita, Dismisses Petitions Over Pipeline Surveillance Contract

The $1.1 Billion Anchor: Why We Cannot Abandon Our Gateway Ports – The CVFF and the New Shipping Line (Part 2)

Vessels Expected At Lagos Ports As At 9th April

NPA Facilitates 500,000 Tonnes Petroleum Export From Dangote Refinery

Navy Seeks Partnerships To Boost Indigenous Shipbuilding, Operations

kindly like our Facebook page

Health

Report Finds Hypertension Affects Up To 40% Of Nigerian Adults In 2025
Health

Stress Management: Psychiatrist Identifies Effective Coping Mechanisms

March 16, 2026

A consultant Psychiatrist, Dr Stephen Oluwaniyi, has identified stress as a risk factor for developing mental health conditions, advising that...

Report Finds Hypertension Affects Up To 40% Of Nigerian Adults In 2025

Report Finds Hypertension Affects Up To 40% Of Nigerian Adults In 2025

March 16, 2026
Lemons Are Among Fruits That Have The Highest Healing Powers Of Diseases On Earth

Lemons Are Among Fruits That Have The Highest Healing Powers Of Diseases On Earth

March 9, 2026
Nigeria Reports Higher Lassa Fever Death Rate

Nigeria Reports Higher Lassa Fever Death Rate

March 9, 2026
The Big Question: Can Diabetes Be Reversed?

Some Early Warning Signs of Diabetes That You Don’t Know, But Should

March 2, 2026
Why Your Favourite Seasoning Cubes May Be Hurting Your Kidneys

Why Your Favourite Seasoning Cubes May Be Hurting Your Kidneys

February 23, 2026
SHOCKING: FIIRO Links High Rates of Organ Failure, Cardiovascular Diseases in Nigeria to Local Grinding Machines

SHOCKING: FIIRO Links High Rates of Organ Failure, Cardiovascular Diseases in Nigeria to Local Grinding Machines

February 23, 2026
MONDAY INTERVIEW: Oyebamiji Did Not See The Media As Adversaries, But As Partners In Development”—Minister Oyetola

DANGER: 11% Of Nigerians Have Kidney Disease – Experts

February 16, 2026
Snakebite Envenoming, Silent Killer In Nigeria – Expert Warns

Snakebite Envenoming, Silent Killer In Nigeria – Expert Warns

February 9, 2026
World Cancer Day: Cancer Not Always Death Sentence  Says Oncologist

World Cancer Day: Cancer Not Always Death Sentence  Says Oncologist

February 9, 2026

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Editorial Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition