Stanbic IBTC Bank, Customs to Streamline B’Odogwu Adoption

This system was introduced by the customs to make import and export processes in the country without hassle.

To keep its corporate clients abreast with the new platform, Stanbic IBTC Bank organised a two-day interactive workshop, with nearly 100 key trade clients in attendance, receiving hands-on guidance from the agency’s B’Odogwu project team.

Participants gained in-depth understanding of the platform’s functionality; received step-by-step guidance on processing trade documents; and had their specific questions addressed by the system developers.

The workshop targeted common challenges experienced by users since the platform’s launch, including navigation struggles, documentation requirements, and submission processes.

Through this workshop, businesses are expected to significantly improve their experiences with the B’Odogwu platform, reduce processing delays, and carry out more efficient trade operations by implementing the knowledge and skills gained.

The B’Odogwu Project Manager for Port and Terminal Multi-Services Limited (PTML) Command of the NCS, Mr Oyindamola Abass Oladepo, who is an The Assistant Comptroller, emphasised that the B’Odogwu digital platform is a comprehensive, end-to-end solution designed to place traders at the centre of various electronic processes.

“This platform facilitates the electronic generation of e-Form M; the electronic processing of Pre-Arrival Assessment Report (PAAR); the submission of electronic manifests; the lodgment of electronic import or export documents; the electronic payment of fees; and the self-assessment of declarations by declarants.

“The objective of the sensitisation workshop is to highlight the crucial role allocated to traders in self-generating their respective Form M and PAAR on the B’odogwu digital platform,” he stated.

Also, the Head of Trade, Transaction Banking at Stanbic IBTC Bank, Seun Ogundolapo, said, “The transition to the new B’Odogwu platform has posed unexpected challenges for many businesses across Nigeria.

“As a trusted financial partner, we recognised the urgent need to address this and provide practical solutions.

“By organising a hands-on workshop that brought together our clients and the customs technical team, we have established a direct channel for addressing concerns and facilitating the adoption of this essential new system.”

The initiative reinforces Stanbic IBTC Bank’s position as a leading financial institution facilitating seamless trade operations for Nigerian businesses.

By proactively identifying and addressing this critical need, the lender has demonstrated its deep understanding of client challenges and commitment to providing value beyond traditional banking services.