The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, recently in Abuja presided over the 60th regular board meeting of the Nigeria Customs Service.

The meeting, which he held at the newly built NCS headquarters in Maitama, Abuja, was said to be the first of its kind since the commissioning of the edifice by former President Muhammadu Buhari in 2023. The Minister expressed his satisfaction with the board’s adherence to the decision to meet quarterly, describing it as an essential aspect of corporate governance.

He stressed that regular meetings and updates on financial performance were crucial for any government agency seeking to meet its objectives that impact positively on the citizens. He highlighted further, “I think that board meetings serve as an important part of corporate governance and corporate governance is key to running an organisation efficiently as well as provide the necessary direction and management to keep government policies on track.”

The Minister also applauded the integrity and transparency of CGC Adeniyi, explaining that the principles guiding the board’s operations were exemplary with a commitment to achieve laudable objectives and tenets to run an organisation like the NCS. He also stressed the importance of collaboration between various ministries and the private sector.

The Nigeria Customs Service Board includes representatives from the ministries of Trade and Investment, Foreign Affairs, and Finance, as well as members of the organised private sector.  They are to Ensures that critical national issues are thoroughly discussed and implemented in a timely manner.