The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, has announced that the International Monetary Fund (IMF) has endorsed Nigeria’s National Single Window (NSW) Project.
Speaking in Abuja during a meeting with a delegation from the IMF’s Fiscal Affairs Department, led by Marco Antonio, Technical Assistance Advisor for Revenue Administration 2, Edun highlighted the project’s significance in streamlining trade processes, boosting government revenue, and improving the ease of doing business.
“The leader of the team, Antonio, praised the NSW project, among other reforms, and inquired about how the IMF could provide further assistance for its successful implementation,” Edun stated.
According to the minister, the project has already secured necessary approvals, with a dedicated team in place and a structured implementation strategy. He emphasized its potential to drive export growth, particularly as Nigeria moves toward achieving a daily oil production target of 1.2 million barrels.
Describing the initiative as a transformative economic tool, Edun reaffirmed the government’s commitment to its success. He credited the strategic leadership of President Bola Ahmed Tinubu and the Nigeria Customs Service (NCS) for their crucial roles in ensuring its effective execution.
