NCS advocates for cross-border trade to foster economic growth

Comptroller of the Nigeria Customs Service, NCS, Ogun I Area Command, Mohammed Shuaibu, on Wednesday asserted that cross-border trade has the ability to revolutionize economic growth.
Shuaibu noted that trade not only enhances market expansion but also strengthens relationships between nations, fostering peace and mutual understanding.
The Customs Area Controller stated this at the 4th edition of the Festival of Art for Economic Development held on Wednesday in Idiroko.
The festival was themed “Cross-Border Trade: What It Is and Why It Matters.”
Speaking at the event, which brought together key stakeholders from Nigeria and Benin Republic, Shuaibu emphasized the critical role of trade in fostering economic growth, cultural exchange, and regional cooperation.
According to a statement by the command’s public relations officer, Hammed Oloyede, the Customs boss urged participants to use the festival as a means of advancing sustainable economic activity through trade and cultural diplomacy.
He said, “Trade not only enhances market expansion but also strengthens relationships between nations, fostering peace and mutual understanding.
“Leverage the festival as a platform for promoting sustainable economic activities through trade and cultural diplomacy.”
Delivering his keynote address, Bonny Botoku, executive producer of the festival, underscored the indispensable role of customs and border management in facilitating trade while ensuring security.
He described cross-border trade as the “lifeblood of regional economies, generating employment, increasing revenue, and enhancing market access for businesses.”
Botoku further commended Comptroller Shuaibu for his unwavering commitment to strengthening trade facilitation and economic development through the arts.
The stakeholders, however, reaffirmed their commitment to strengthening economic integration, promoting legal trade practices, and leveraging art as a tool for sustainable development.

NCS advocates for cross-border trade to foster economic growth