Customs begins AEO programme, certifies six companies

Published 1 month ago• 4 minute read

17 February 2025 | 3:33 am

Nigeria Customs Service (NCS) has begun full implementation of its Authorised Economic Operator (AEO) programme. This followed a successful ten-month pilot phase, during which the six participating companies recorded a 203.5 per cent increase in trade volume and a 94.1 per cent rise in revenue generation for the service.

Comptroller-General of Customs, Bashir Adewale Adeniyi MFR PHOTO: Twitter

At the launch of the programme in Lagos on February 14, six pioneer companies were certified for their participation and revenue contribution to the pilot phase.

According to the Comptroller-General of Customs, Bashir Adeniyi, AEO certification validates a company’s adherence to World Customs Organisation (WCO) supply chain security standards, granting them benefits such as streamlined customs procedures, reduced inspections and priority clearance processing.

Adeniyi highlighted the programme’s early successes, noting that since the pilot phase began on April 15, 2024, trade volume for participating AEO-certified companies had surged from N185.8 billion in 2023 to N563.8 billion in 2024.

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