FG moves to computerise oil export

oil tanker 11The Nigerian government is considering the computerisation of the oil exports with a view to generating more revenue and keeping a tab on   the volume of crude oil that leave the country periodically.

Disclosing this to Vanguard in Lagos recently, Mr. Muktar Ahmed, Managing Director of Web Fontain said that his firm has proposed to the government to apply the same modernisation process that has been in the Nigeria Customs Service, NCS, and by extension, the Nigeria port industry.

Ahmed explained that his firm was contracted to carry out the modernisation of the Customs service about seven and half years ago, adding that the Customs is better positioned to deal with its trading publics.

He stated that both Web Fontain and the Customs together with the Central Bank of Nigeria, CBN, are talking with the relevant government agencies and their response has been very receptive.   “What I did mention was that we have seen the impact, positive impact  that we have with the issue of import and I do not think that we still have agent and importers doing business in the port using the manual process, everything is now done electronically,” he stated.

“From the point your manifest is submitted up to the point that RAR is issued, form ‘M’ is electronic, payment is electronic, and releasing is electronic. So from end to end, for the import transaction, it has been automated. So, we are advising government to go ahead to do the same thing with export and the country will benefit from it.

 

Information from Vanguard was used in this report.

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