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Home»Government»Customs begins digital currency declaration at Abuja airport
Government

Customs begins digital currency declaration at Abuja airport

VardiafricaBy VardiafricaMay 5, 2025Updated:May 5, 2025No Comments6 Views
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The Nigeria Customs Service (NCS) has initiated a significant step in its digital transformation by launching the Electronic Currency Declaration Form (e-CDF) at Nnamdi Azikiwe International Airport in Abuja. This pilot programme, which commenced on 9 April 2025, aims to enhance transparency in cross-border financial disclosures and bolster anti-money laundering efforts.​

During the initial phase, the e-CDF system successfully recorded 69 currency declaration transactions. Outbound declarations comprised 51 transactions, amounting to approximately $1.2 million, while inbound declarations totalled 18, with a declared value of around $177,786.88. ​
The Guardian

The e-CDF platform aligns with international standards on anti-money laundering (AML) and counter-financing of terrorism (CFT), providing real-time data to support intelligence gathering and inter-agency cooperation. The NCS, under the leadership of Comptroller-General Bashir Adewale Adeniyi, plans to extend this digital declaration system to other international airports and border posts across Nigeria. ​

This initiative reflects Nigeria’s commitment to leveraging technology to improve compliance, facilitate legitimate travel and trade, and ensure the integrity of its borders

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