Customs, Huawei seal $3.2bn digitisation deal, FG targets $176bn revenue
The Nigeria Customs Service and a consortium, Trade Modernisation Project Limited, on Monday, signed a concession agreement worth $3.2bn to digitalise operations of the border security and revenue collection outfit. This is just as the Federal Government expects to generate over $176bn from the deal. At the agreement signing ceremony held at the Abuja national headquarters of the NCS were representatives of technical and financial partners in the deal, including African Finance Corporation and Huawei Technologies Company Nigeria Limited, a subsidiary of China-based Huawei Technologies Co. Ltd. The Controller-General, NCS, Col. Hameed Ali (retd.), in his remarks after the documents were signed, stated that Nigeria was setting a pace that other African countries were looking forward to follow. Ali partly said, “The journey has been long and tortuous, but we thank God that today we have signed the dotted lines. Today, we are happy to say that in Nigeria, we are going to be fully electronic, digitised and modernised. The success of this project will put Nigeria on the map.
