The Importers Association of Nigeria (IMAN) has forged a significant partnership with Remita aimed at digitizing its payment systems, a move that underscores the association’s ongoing commitment to enhancing the operational effectiveness of importers in Nigeria. IMAN National President, Kingsley Chikezie, articulated the association’s mission to unite importers in the interest of fostering economic growth within the nation. His remarks highlighted a pressing concern regarding the need for improved government support and streamlined trade policies that can better serve importers. By digitizing payment processes, IMAN aims to provide its members with a modern system that not only increases efficiency but also helps in cementing the association’s role as a vital stakeholder in Nigeria’s trade landscape.
Chikezie delineated a broader vision for IMAN, emphasizing its commitment to fostering international trade and mitigating corruption at ports and borders. He articulated a strong stance against intimidation and exploitative practices that importers frequently face, both from government entities and within the trading community. The association endeavors to protect its members from these negative influences. Chikezie posited that with an enabling government environment, importers could significantly contribute to reducing unemployment in Nigeria by facilitating foreign partnerships that would bolster local manufacturing through factory establishments across the nation. This call to action situates IMAN not only as a trade facilitator but also as an economic actor that champions job creation and local industry growth.
The IMAN president further cautioned against the adverse effects of bureaucratic barriers that bog down legitimate importation, warning that stringent policies might inadvertently encourage smuggling activities. He noted that when the legitimate trade path becomes littered with obstacles, it opens avenues for the illegal entry of contraband, complicating the regulatory landscape further. Chikezie’s emphasis on the need for government dialogue with importers during policy formulation is vital; involving industry stakeholders can lead to better-informed and more effective trade regulations. He warns that addressing these blockades is crucial not just for the importers’ welfare but for the overall integrity of Nigeria’s borders and economic health.
In this digital transformation journey, SystemSpecs, the parent company of Remita, has pledged robust support to IMAN in achieving its goals. The Managing Director of SystemSpecs, Deremi Aranda, expressed pride in the partnership, affirming that their role will focus on offering seamless payment solutions that enhance connectivity among IMAN members while improving revenue generation opportunities. His optimism illustrates the expectation that this collaboration will equip IMAN with powerful tools to streamline payments and improve overall operational efficiency. The implication of this commitment is pivotal, especially in an environment where efficiency in financial transactions can drastically alter business outcomes.
The consultancy firm Excel Financial Services Limited has also been brought on board to aid IMAN in this transformational initiative. Managing Director Oludare Akinseye echoed the significance of innovative payment solutions for the association’s growth trajectory, lauding the decision to partner with Remita and SystemSpecs. Akinseye noted several anticipated advantages for IMAN members, ranging from reduced operational costs to enhanced credibility, as well as a smoother customs process that stands to benefit all importers. His insights indicate a broader understanding of how integrated digital payment solutions can reshape industry standards and practices, particularly in enhancing trust and accountability within the import business ecosystem.
As part of the digitization strategy, the project is currently unfolding in phases. The first phase is focused on foundational elements such as assessment, invoicing, payment processing, and generating detailed reports for IMAN members. This initial rollout aims to lay the groundwork for a more intricate and comprehensive digital infrastructure that can eventually support various facets of the association’s operations. Looking ahead, SystemSpecs has indicated that the second phase will entail the creation of a robust membership database and introduce mechanisms for simplifying dues collection and payment, signaling a future-oriented approach focused on sustainable growth and improved service delivery for all members of the association. This multi-phase strategy highlights IMAN’s commitment to evolving with the times and enhancing support for its members through digital innovation.
