ADVERTISEMENT
  • Africa
  • World
  • Our Shows
    • Entrepreneurship
    • Destination Business
    • 101business TV Show
Business 360 News
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly
No Result
View All Result
Business 360 News
No Result
View All Result
Home Agriculture

Customs Pledges to Remove Non-Tariff Barriers to Boost N1.17tn Onion Sector

Victoria Emeto by Victoria Emeto
February 12, 2026
in Agriculture
0
Customs Pledges to Remove Non-Tariff Barriers to Boost N1.17tn Onion Sector

The Nigeria Customs Service has assured onion farmers and export-focused stakeholders of its commitment to removing non-tariff barriers to boost the onion sector valued at N1.17tn.

The Comptroller-General of Customs, Adewale Adeniyi, gave the assurance during a courtesy visit by the Regional Observatory of Onion in West and Central Africa, led by its President, Aliyu Maitasamu, in Abuja, according to a statement issued on Wednesday.

Adeniyi said the service would tackle operational bottlenecks and collaborate with relevant government agencies to create a more enabling environment for export trade.

“So let me assure onion farmers and other export-oriented stakeholders that the NCS will stand solidly behind you. We will remove all known non-tariff barriers and work with other government agencies and stakeholders to create a more facilitating environment for your trade,” he said.

He described the engagement as timely, noting that in the past six months, the service had faced sustained pressure from economic operators in Benin Republic and the Niger Republic over the use of Nigeria’s transit corridors, particularly routes through the North-East and the Kamba axis.

Adeniyi explained that while discussions around transit corridors often focus on imports, engagement with onion exporters presents an opportunity to strengthen Nigeria’s export narrative.

“What you are doing will help us balance the story. We will not only be talking about imports and transit, but also about exports. Exports bring economic prosperity, create employment, support a favourable balance of trade, and ultimately contribute to GDP growth,” he said.

He added that regulatory agencies have a responsibility not only to enforce compliance but also to address legitimate concerns raised by stakeholders.

The CGC disclosed that, following earlier representations by the association, he directed the Deputy Comptroller-General in charge of Enforcement, Inspection and Investigation to establish a structured engagement framework.

Onion farming remains a major agricultural activity in Nigeria, particularly in the northern region. Nigeria is regarded as Africa’s second-largest onion producer after Egypt, with an annual output of about 2.1 million metric tonnes.

Earlier, Maitasamu commended the Customs Service for what he described as a prompt intervention following recent disruptions along the transit corridor.

Citing data from the Food and Agriculture Organisation, he said Nigeria’s onion production is valued at approximately N1.17tn, with the Niger Republic and countries such as Algeria, Sudan, Burkina Faso, and Cameroon playing complementary roles in the regional onion value chain.

He noted that Nigeria and the Niger Republic remain the most significant players in onion production and exchange within the ECOWAS and Sahel regions.

Maitasamu called for sustained engagement with the service to ensure smooth operations and affirmed the association’s readiness to work closely with Customs through improved coordination and compliance mechanisms.

He added that the association possesses the infrastructure, expertise, and regional presence to support Customs operations, including documentation and compliance management across transit corridors.

Also speaking, the Deputy Comptroller-General of Customs in charge of Enforcement, Inspection and Investigation, Timi Bomodi, said the engagement aligns with government efforts to balance economic growth and security considerations.

He explained that the proposed token system discussed at the meeting has two core components: data and infrastructure.

“One component is the data, which your association already has. The other is infrastructure. Trucks moving across these corridors put pressure on our roads, and the token system will allow the government to recover some of those costs over time for road maintenance,” Bomodi said.

Tags: #ExportTrade#NigeriaCustoms#NonTariffBarriers#OnionSector
Previous Post

Dangote Refinery Hits Full 650,000bpd Capacity, Begins 72-Hour Performance Test

Next Post

Nigeria Records $21bn Capital Importation in 10 Months, Driven by Investor Confidence

Victoria Emeto

Victoria Emeto

Next Post
Nigeria Records $21bn Capital Importation in 10 Months, Driven by Investor Confidence

Nigeria Records $21bn Capital Importation in 10 Months, Driven by Investor Confidence

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
FMDQ Exchange Admits Flour Mills of Nigeria’s ₦30.00bn Commercial Paper Notes

FMDQ Admits TSL SPV PLC ₦12.00 billion Series 1 Guaranteed Fixed Rate Infrastructure Bond to its Platform

March 11, 2021
NCAC inaugurates Creative Industry Sub-Committees

NCAC inaugurates Creative Industry Sub-Committees

September 20, 2020
#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

#EndSARS: Protesters receive heavy gun fire at Lekki toll gate

October 21, 2020
SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

SMEs in Nigeria must be ready to grow with or without Government …Evans Edozie, C.E.O., Cospharma Nig. Ltd.

September 21, 2020
‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

‘The existence of a production hub in Nigeria will go a long way for the Fashion Industry’. FUNMI RUFAI LADIPO, President Fashion Designers Association of Nigeria.(FADAN)

25
Goldlink’s restructures board

Goldlink’s restructures board

10
Airtel Africa Plc gets admitted to the NSE Main Board

Airtel Africa Plc gets admitted to the NSE Main Board

6
Stallion Tank Farm resumes operations

Stallion Tank Farm resumes operations

3
Access Bank Waives Cross-Border Transfer Fees via PAPSS to Boost Intra-African Payments

Access Bank Waives Cross-Border Transfer Fees via PAPSS to Boost Intra-African Payments

February 12, 2026
FG Disburses N300,000 Interest-Free Loans to 22,000 Smallholder Farmers Nationwide

FG Disburses N300,000 Interest-Free Loans to 22,000 Smallholder Farmers Nationwide

February 12, 2026
Kenya’s Central Bank to Buy Gold, Diversifying Foreign Exchange Reserves

Kenya’s Central Bank to Buy Gold, Diversifying Foreign Exchange Reserves

February 12, 2026
Nigeria Records $21bn Capital Importation in 10 Months, Driven by Investor Confidence

Nigeria Records $21bn Capital Importation in 10 Months, Driven by Investor Confidence

February 12, 2026
Business 360 News

Business 360 News is a Business and Financial News Platform with an SMEs drive. Published by 360 Network Limited, and created with the aim of disseminating unbiased business stories to readers within and outside Nigeria, providing in-depth analysis of our stories from a critical perspective against the backdrop of realities, actualities, objectivity and balance.

Follow Us

Browse by Category

  • Africa
  • Agribusiness
  • Agriculture
  • AI
  • Art
  • Arts
  • Aviation
  • Banking
  • Blockchain
  • Business 360 Weekly
  • Business news
  • Business Travels
  • Capital Market
  • CHINA
  • Corporate
  • Cryptocurrency
  • Destination Business
  • East Africa
  • Economy
  • Education
  • Electric Vehicles
  • Electricty
  • Energy
  • Entertainment
  • Entertainment
  • Entrepreneurship
  • EV
  • Fashion
  • Fashion
  • Feature
  • Finance
  • Gas
  • Global Economy
  • Health
  • Hospitality
  • ICT
  • Insurance
  • IoT
  • Japan
  • Lifestyle
  • Luxury
  • Maritime
  • Meetings
  • Mortgage
  • News
  • NGOs
  • Oil
  • Petrol
  • Political Economy
  • politics
  • Real Estate
  • Real Estate
  • SMEs
  • Society
  • Solar Energy
  • South Africa
  • Sports
  • Start-Ups
  • Stocks
  • Success Stories
  • Tax
  • Tech
  • Tourism
  • Transportation
  • UK
  • Uncategorized
  • US
  • World

Recent News

Access Bank Waives Cross-Border Transfer Fees via PAPSS to Boost Intra-African Payments

Access Bank Waives Cross-Border Transfer Fees via PAPSS to Boost Intra-African Payments

February 12, 2026
FG Disburses N300,000 Interest-Free Loans to 22,000 Smallholder Farmers Nationwide

FG Disburses N300,000 Interest-Free Loans to 22,000 Smallholder Farmers Nationwide

February 12, 2026
  • Africa
  • World
  • Our Shows

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!

No Result
View All Result
  • Home
  • Africa
    • East Africa
    • West Africa
    • South Africa
  • News
    • Feature
  • Economy
    • Maritime
    • Agriculture
      • Agribusiness
    • Energy
      • Electricty
      • Oil
      • Petrol
      • Gas
  • Finance
    • Insurance
    • Tax
    • Real Estate
  • Capital Market
  • Tech
    • ICT
    • Solar Energy
    • Electric Vehicles
    • Blockchain
    • IoT
    • AI
    • EV
  • SMEs
    • Success Stories
    • Start-Ups
    • Entrepreneurship
  • Global Economy
    • UK
    • US
    • Russia
    • CHINA
    • Japan
  • Business 360 Weekly

© Business 360 News - Business, Finance And SMEs News | Design by Manifest!