Customs logo
Customs brokers underthe aegis of the Association Concerned Freight Forwarders, ACFF, yesterday, commenced moves against the recent incrementin the payment of import duties, a development they said wouldfurther trigger inflation in the economy.
Speaking to newsmen after a meeting at the RockView Hotel in Lagos, Convener of the meeting, Mr. Ndubisi Uzoegbo, said that the leadership of the Nigeria Customs Service, NCS, increased import duty by 200 percent, lamenting thatpeople are trading in Nigeria at a great risk.
Uzoegbo also said that besides the increase in import duty,shipping companies and terminal operators have also increased their charges by over 70 percent withoutrecourse to its impact on people.
He added that, The system we are operating is no more favourable to us, the increment in duty payable is affecting us. As it stands now, we can no longer pay our workers. The shipping companies increment and the terminal operators increment are unacceptable.
Every practitioners of freight forwarding, including the transporters, will be mobilized to protest this arbitrary charges because we cant continuethis way and if we want this country to work, we have to get it right and the time is now, he said.
Similarly, Jonny Ubaka, Coordinator of the group, said that if urgent steps were not taken to stem the trend, it could lead to anarchy, adding that the current situation wouldfurther compoundtraders woes.
He stated that There are modalities of increasing duty, there is a procedure and it is contained in the Customs and Excise Management Act, CEMA. Commenting on the development, Mr. Yusuf Danladi, a concerned freight forwarder, said that the current situation affects every Nigerian, noting, every increase in duty payment will come back to the final consumer. (Vanguard)
NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.