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Nigeria’s Customs Modernisation Project endorsed as model for AfCFTA’s $3.1 billion customs transformation programmeB’Odogwu system showcases Nigeria’s ability to provide indigenous tech solutions for Africa’s customs needsSuccessful PPPs can boost Nigeria’s $1 trillion economy ambition while enhancing infrastructure and revenue generation
Nigeria’s Public-Private Partnership (PPP) framework has received a major continental endorsement after its Customs Modernisation Project was adopted as the model for a $3.1 billion AfCFTA customs transformation programme.
The Infrastructure Concession Regulatory Commission (ICRC) said the development demonstrates how properly structured PPPs can transform public infrastructure, attract private capital and position Nigeria as an exporter of home-grown solutions.
How Nigeria Customs is changing AfCFTA with B’Odogwu mode Credit: NCSSource: UGC
ICRC Director-General, Dr. Jobson Oseodion Ewalefoh, disclosed this in Abuja while reacting to the recent signing of the AfCFTA Customs Modernisation Project concession agreement.
The 20-year concession, signed between the AfCFTA Secretariat and Bergmans Security Consultants and Supplies Limited, the parent company of
