Naija News • 4h ago
Dele Oye: Proposed National Single Window Could Attract $3bn Logistics Investment, $18m in Efficiency Savings
**NSW: A Game-Changer for Naija's Trade and Logistics Sector**
The long-awaited National Single Window (NSW) is set to revolutionize Nigeria's trade and logistics sector, attracting a whopping $3 billion in logistics investment and generating $18 million in annual efficiency savings. According to Hon. Dele Kelvin Oye, Chairman of the Alliance for Economic Research and Ethics (AERE), if implemented with robust private sector participation, the NSW holds immense economic potential for Nigeria.
However, Oye has expressed concerns over the government's decision to domicile the NSW in the Nigeria Revenue Service (NRS), rather than the Nigeria Investment Promotion Council (NIPC). This decision, he says, could undermine the platform's effectiveness and contradict global best practices.
The NSW is a digital trade platform that streamlines international trade by integrating various government agency systems, including the Nigeria Customs Service (NCS), NAFDAC, SON, and Nigerian Ports Authority. This integration aims to reduce clearance times to 24 hours, allowing importers, exporters, and freight forwarders to submit and receive approvals for trade documentation in one place.
Oye's concerns are not unfounded. He notes that other countries, such as Singapore and Ghana, have successfully implemented Single Window systems by placing them under their trade promotion agencies. Singapore's TradeNet, for instance, was established under the Trade Development Board, an economic agency focused on competitiveness, not revenue collection.
Ghana's GCNet, on the other hand, operates as a Public-Private Partnership with 60% private ownership. Rwanda's model, while using its Revenue Authority, ensures deep integration with the Rwanda Development Board. Nigeria's decision to domicile the NSW under its tax authority risks conflating trade facilitation with tax enforcement, a move that could undermine the platform's potential.
As the NSW is set to go live on March 27, 2026, it remains to be seen whether Nigeria will follow in the footsteps of its global counterparts or forge a unique path. One thing is certain, however: the NSW has the potential to transform Nigeria's trade and logistics sector, and it's crucial that the government gets it right.