Breaking News
Ahead NSW Phase 1 Launch, Technology Will Solve 73% of Port Delays,Says FG
As preparations towards Thursday’s launch of the National Single Window (NSW) Phase 1 initiative intensifies, the Federal Government has stated that the technology will directly solve 73 per cent of delays at the seaports which are process-related.
A media brief from the office of the Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, said
Nigeria had taken a decisive step to modernise its trade ecosystem with the launch of Phase 1 of the National Single Window.
According to the document, “Thursday’s planned launch of NSW coincides with last week’s deal to upgrade Apapa Port (built 1913) and Tin Can Port (built 1977).
“This is a coordinated reform designed to cut cargo dwell time, reduce trade costs, and unlock economic growth.
“As of 2025, cargo dwell time in Nigerian ports averaged 18–21 days. This is approximately 475% higher than the global average of 4 days.”See the full, details. .
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