Business
Maritime Body Makes Case For Pre-Shipment Inspection
The National Council of Managing Directors of Licensed Customs Agents (NCMDLCA) has urged the Federal Government to revert from Destination Inspection to pre-shipment Inspection Scheme, a new development in the realms of international trade on the dual mission of protecting national security.
The National President of the association, Mr. Lucky Ayis Amiwero, disclosed this in an exclusive chat with our correspondent in Lagos.
According to him, NCMDLCA and the Presidential Task Force on the reform of Nigeria Customs Service are worried over the regime of destination inspection, which allows influx of unwholesome goods such as arms and ammunition, contrabands and dangerous items that expose the nation to security threat.
Amiwero declined that those who have declared their preference for destination inspection at the expenses of pre-shipment inspection have short memories to remember the position of the country economically, hence he said the government should quietly discard it and put in place pre-shipment inspection.
He said that pre-shipment inspection is embraced all over the world prior to the event of 9/11 that precipitated a change in cargo inspection based on security and safety.
Amiwero, who advised that Nigeria should not be left in the hands of greedy and selfish people, who are bent on destroying it in order to achieve their selfish objectives, cautioned that it would amount to colossal loss and disaster to the economy as well as the nation if import procedures in the country are left loose.
According to him, the international agreement on cargo security states that, “the cargo security programme developed after 9/11 emphasised on the provision of advance information of shipment of goods to the importing country, which is a new protocol for tracking and screening of cargo both from the country of origin to destination, which was adopted globally due to security threat on the supply chain”.
The customs agent, who has served on various government task force/committees noted that the pre-shipment inspection Act, Paragraph (2) (3) (4) and (5) contain the global requirement for pre-shipment and condition as contained in the safe framework for pre-screening for security safety and revenue of import adding that the global best practice on cargo information, the screening and tracking that is to be shipped to country of import before loading on board the ship, so as to safeguide the country from importation of unwholesome products such as ammunition and prohibited items.
He further explained that under the new rule, 10 + 2, before goods arrive by vessel into United States, importer or his agent must submit certain advance cargo information to CBP in form of an Import Security Filling (ISF) as to identify high-risk – shipment in order to prevent smuggling and ensure cargo safety and security.
He noted that under destination inspection, the nation has lost billions of naira through import manipulation, improper duty assessment and double handling in the ports among other corrupt practices.
On shipping lines operating in our coastal waters, Mr. Amiwero tasked the federal government to look into what these shipping lines are doing as he linked them with some of the difficulties faced in the ports.
He also carpet NIMASA for their negligence in the area of cabotage after four years of implementation, stressing that the parastatal has failed woefully on cabotage implementation while urging the government on the importance of the ports to the nation’s development, noting that the issue of security should not be forgotten.
“Without security, the nation will find it difficult to put things right and foreign investors will continue to stay away from Nigeria,” he said.
Business
Agency Gives Insight Into Its Inspection, Monitoring Operations
Business
BVN Enrolments Rise 6% To 67.8m In 2025 — NIBSS
The Nigeria Inter-Bank Settlement System (NIBSS) has said that Bank Verification Number (BVN) enrolments rose by 6.8 per cent year-on-year to 67.8 million as at December 2025, up from 63.5 million recorded in the corresponding period of 2024.
In a statement published on its website, NIBSS attributed the growth to stronger policy enforcement by the Central Bank of Nigeria (CBN) and the expansion of diaspora enrolment initiatives.
NIBSS noted that the expansion reinforces the BVN system’s central role in Nigeria’s financial inclusion drive and digital identity framework.
Another major driver, the statement said, was the rollout of the Non-Resident Bank Verification Number (NRBVN) initiative, which allows Nigerians in the diaspora to obtain a BVN remotely without physical presence in the country.
A five-year analysis by NIBSS showed consistent growth in BVN enrolments, rising from 51.9 million in 2021 to 56.0 million in 2022, 60.1 million in 2023, 63.5 million in 2024 and 67.8 million by December 2025. The steady increase reflects stronger compliance with biometric identity requirements and improved coverage of the national banking identity system.
However, NIBSS noted that BVN enrolments still lag the total number of active bank accounts, which exceeded 320 million as of March 2025.
The gap, it explained, is largely due to multiple bank accounts linked to single BVNs, as well as customers yet to complete enrolment, despite the progress recorded.
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