By Chibuike Nwabuko
ABUJA (PRECISE POST) – The Nigeria Customs Service and African Export-Import Bank have reaffirmed their commitment to strengthening intra-African trade through enhanced customs cooperation, trade facilitation, and accelerated implementation of the African Continental Free Trade Area.
The renewed commitment was made during a working visit by the President and Chairman of the Board of Directors of Afreximbank, George Elombi, to the Comptroller-General of Customs, Adewale Adeniyi, at the Nigeria Customs Service Headquarters in Abuja on Thursday.
The meeting provided both institutions with an opportunity to assess the progress made in their existing partnership and explore new areas of collaboration aimed at promoting seamless cross-border trade and advancing regional economic integration across Africa.
Speaking during the meeting, Adeniyi described the partnership as one anchored on the shared belief that Africa’s economic transformation depends on stronger trade among African nations. He said the collaboration had already produced significant gains in customs modernisation and trade facilitation through initiatives focused on harmonising customs procedures and improving the movement of goods across the continent.
According to him, the partnership reflects a common conviction that Africa’s greatest trading opportunities lie within the continent.
“We are building a partnership between the two sides, a partnership founded on a single conviction: that Africa’s best trading partners are within Africa itself, and our prosperity will be built on the trade we conduct within ourselves. From C-PACT to our ongoing work on trade facilitation, we are turning that conviction into practical cooperation,” the Customs boss said.
Adeniyi disclosed that the collaboration would further support Afreximbank’s regional transit initiatives, fast-track the establishment of one-stop border posts along strategic trade corridors, and encourage the adoption of global best practices in customs administration.
He noted that the Nigeria Customs Service was already recording positive outcomes from the Bank’s support for regional transit systems, expressing optimism that the partnership would enhance Africa’s competitiveness while expanding opportunities for legitimate trade across the continent.
In his remarks, Elombi commended the Nigeria Customs Service for demonstrating proactive leadership in driving initiatives that support continental trade integration.
“It is nice to see the CGC taking the initiative to drive this kind of engagement, which demonstrates a clear commitment to transforming trade across the continent. We have the resources, and you have the will. Together, we can make this partnership work for Africa,” he said.
The Afreximbank president also reaffirmed the Bank’s commitment to expanding its support for programmes that promote trade facilitation and strengthen the implementation of the African Continental Free Trade Area.
The meeting also reviewed the successful collaboration between the two organisations on the maiden edition of the Customs Partnership for African Cooperation in Trade (C-PACT), held in Abuja in November 2025.
The initiative brought together customs administrations, development partners and private sector stakeholders to harmonise customs procedures, strengthen institutional capacity and improve connectivity across Africa’s trading systems, laying the foundation for deeper regional trade cooperation.
