12
Dec
The Nigeria Customs Service (NCS) has launched a pilot phase of its B'Odogwu trade modernization software aimed at streamlining customs documentation and clearance processes. However, the initiative is facing challenges due to "human element barriers" undermining the good intentions of the management board . Key Challenges 1. Payment Processing Issues: Lack of integration of some banks, particularly those connected through Interswitch, and inadequate communication between bank headquarters and operational branches hinder payment processing on the Bodogwu platform . 2. Demurrage Concerns: Terminal operators' high demurrage charges pose a significant challenge, affecting trade facilitation and revenue collection . 3. Compliance Levels:…
