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NAFDAC PARTNERS WITH GLOBAL ALLIANCE FOR TRADE FACILITATION TO ENHANCE EASE OF DOING BUSINESS IN NIGERIA

 

National Agency for Food and Drug Administration and Control (NAFDAC) has partnered with Global Alliance for Trade Facilitation to enhance ease of doing Business in the country.

A statement by NAFDAC Resident Media Consultant, Mr Sayo Akintola, revealed that NAFDAC Director General, Prof. Mojisola Adeyeye disclosed this at a virtual meeting with the Global Alliance for Trade Facilitation Nigeria, top officials led by its Project Lead, Mr. Bernard Traynor.

 Represented by NAFDAC Head of Trade and International Relations, Dr Abimbola Adegboye, the Director General, reiterated measures that NAFDAC already put in place to ensure a seamless and robust operational procedure with both export and import at the borders, while achieving cooperation amongst government agencies.

She added that, the project is being powered by the Global Alliance for Trade Facilitation, an organization that is hosted by the Centre for International Private Enterprise, International Chambers of Commerce, and the World Economic Forum.

Meanwhile, the project in Nigeria is being implemented by the German Technical Cooperation (GIZ) and supported by the governments of US, Canada, Germany, Denmark and government of Australia through their respective agencies.

Prof Adeyeye said NAFDAC is focusing on ensuring smooth trade facilitation and regulation, stressing that operations of regulators should not pose any hinderance to trade transactions but facilitate them.

She also added that, the agency has ensured that all NAFDAC import licenses consisting of approvals, import and export permits have been made in electronic format which can be verified on the NAFDAC single window for trade portal.

Project Manager of Global Alliance for Trade Facilitation, Nigeria, Mr. David Okeku, said, the Harmonization and Simplifying Trade Formalities and Procedures in Nigeria, seeks to support implementing three articles of the World Trade Organization (WTO) Trade Facilitation Agreement, which borders around formalities and documentary requirements.

According to him, the aim of the project is to simplify, standardize and harmonize export and import formalities and trade procedures in Nigeria, adding that it also aims at reducing the average release time and the associated costs, its documentary requirements and border compliance for exports and imports.

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