By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
ClimaxNewsHubClimaxNewsHub
  • Trending Now
    • Politics
    • Crimes And Security
    • Entertainment
    • Finance
    • Fashion
    • Sport
    • Technology
    • Health
    • Opinion
    • Education
    • Agriculture
  • Livescores
Search
Technology
  • Privacy Policy
  • About us
  • Contact
Health
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Reading: Nigeria, India Strengthen Bilateral Ties On Integrating Customs And Tax Systems
Share
Sign In
Notification Show More
Aa
ClimaxNewsHubClimaxNewsHub
Aa
Search
  • Trending Now
    • Politics
    • Sport
    • Crimes And Security
    • Entertainment
    • Finance
    • Education
    • Health
    • Opinion
    • Fashion
    • Agriculture
  • Livescores
  • My Bookmarks
  • Technology
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
ClimaxNewsHub > Blog > Crimes And Security > Nigeria, India Strengthen Bilateral Ties On Integrating Customs And Tax Systems
Crimes And SecurityForeign

Nigeria, India Strengthen Bilateral Ties On Integrating Customs And Tax Systems

Share
3 Min Read
SHARE

The Nigeria Customs Service (NCS) has reaffirmed its commitment to deepening strategic cooperation with the Indian Customs Administration, as both sides advanced discussions on key customs issues on the margins of the 92nd Session of the World Customs Organisation (WCO) Policy Commission on 23 June 2025 in Brussels, Belgium.

Led by the Comptroller-General of Customs, Adewale Adeniyi, the Nigerian delegation met with Mr Surjit Bhujbal, a senior member of India’s Central Board of Indirect Taxes and Customs (CBIC), to evaluate progress made under the Customs Mutual Administrative Agreement (CMAA) signed between both countries on 16 November 2024.

The bilateral engagement focused on enhancing cooperation in customs valuation, transfer pricing, and ongoing conversations around the integration of customs and tax systems — key areas identified in the CMAA.

The meeting also addressed growing concerns over the international trade in substandard pharmaceutical products, with both countries acknowledging recent successful seizures in Nigeria as a direct result of improved intelligence sharing and operational synergy.

According to CGC Adewale Adeniyi, “Today’s dialogue is a continuation of the strong foundations laid during the signing of the CMAA in November 2024. We are intensifying efforts to tackle undervaluation, abusive transfer pricing, and to improve system integration between customs and tax authorities. Additionally, our joint actions in curbing the importation of substandard pharmaceuticals yield results and protect public health.”

The CGC further reiterated Nigeria’s interest in expanding cooperation through joint technical missions, training programmes, and shared data mechanisms, which would contribute to more efficient risk management, enhanced revenue assurance, and stronger trade controls.

“This partnership reflects our vision of a smarter, collaborative, and globally connected customs administration,” Adeniyi said.

The CMAA was signed during the Prime Minister of India’s state visit to Nigeria last year, a landmark moment that underscored both countries’ commitment to advancing trade, security, and institutional collaboration.

In his remarks, Mr Surjit Bhujbal said, “India regards Nigeria as a crucial partner in Africa. The CMAA has opened a structured channel for mutual assistance, information exchange, and capacity building. We are keen to deepen technical cooperation on valuation, combat revenue leakage through transfer pricing schemes, and share our experience integrating customs with tax systems.”

The WCO Policy Commission is a high-level platform where customs leaders worldwide deliberate on policy direction, global trade facilitation, and enforcement standards. Nigeria’s active participation highlights its dedication to international best practices and the modernisation of its customs systems.

You Might Also Like

Mamman Accuses Own Lawyer of Misrepresentation On Alleged 33.8bn Fraud Case

Ondo Police Rescue Trafficked Ghanaian, Bust Human Trafficking Syndicate In Akure

Eric Chelle Invites Thirty-five Home Based Eagles for African Nation Championship

Court Jails Man Over $2000 Internet Fraud

Lagos Court Jails Man Over Involvement In BEC, Online Romance Scam

TAGGED: Customs, India, Nigeria

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.

    By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
    Share this Article
    Facebook Twitter Whatsapp Whatsapp Email
    Share
    What do you think?
    Love0
    Surprise0
    Sad0
    Happy0
    Angry0
    Previous Article Police Condemns Personnel’s Conduct In Nollywood Actress’s Viral Video
    Next Article Court Jails “Mama Boko Haram” Over Contract Fraud
    Leave a comment Leave a comment

    Leave a Reply Cancel reply

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

    Stay Connected

    Facebook Like
    Twitter Follow
    Pinterest Pin
    Instagram Follow
    - Advertisement -
    Ad imageAd image

    Latest News

    Mamman Accuses Own Lawyer of Misrepresentation On Alleged 33.8bn Fraud Case
    Crimes And Security July 6, 2025
    Ondo Police Rescue Trafficked Ghanaian, Bust Human Trafficking Syndicate In Akure
    Crimes And Security July 6, 2025
    Eric Chelle Invites Thirty-five Home Based Eagles for African Nation Championship
    Sport News July 6, 2025
    Court Jails Man Over $2000 Internet Fraud
    Crimes And Security July 4, 2025
    //

    Climax News Hub is a professional news platform. Here we will provide you only interesting content, which is accurate and true.

    Quick Link

    • Trending Now
      • Politics
      • Crimes And Security
      • Entertainment
      • Finance
      • Fashion
      • Sport
      • Technology
      • Health
      • Opinion
      • Education
      • Agriculture
    • Livescores

    Contact

    Address
    Akure, Ondo State, Nigeria.
    Call Information
    Phone: 08119867422
    Email: news@climaxnewshub.com

    Sign Up for Our Newsletter

    Subscribe to our newsletter to get our newest articles instantly!

      ClimaxNewsHubClimaxNewsHub
      Follow US

      © 2023 ClimaxNewsHub. All Rights Reserved. Designed by Daniel Aderoboye

      • Privacy Policy
      • About us
      • Contact
      Join Us!

      Subscribe to our newsletter and never miss our latest news, podcasts etc..

        Zero spam, Unsubscribe at any time.
        Welcome Back!

        Sign in to your account

        Lost your password?