Tag: InternationalTrade
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Okonjo-Iweala Urges Nigeria to Slash Border Agencies, Says 90% Inspection Rate Hurts Trade
World Trade Organisation Director-General Ngozi Okonjo-Iweala has called for a comprehensive overhaul of Nigeria’s border management system, highlighting the country’s unusually high number of agencies at entry points and an inefficient 90% physical inspection rate as major impediments to trade facilitation. Speaking virtually at the 2024 Controller General of Customs Conference in Abuja, Okonjo-Iweala emphasized…