Business
Customs Tasks LCCI On Made-In-Nigeria Goods
Customs Tasks LCCI On Made-In-Nigeria Goods The Zonal Coordinator of Nigeria Customs Service (NCS), Zone ‘A’, Lagos, Mr Victor Gbemudu has advised the Lagos Chamber of Commerce and Industry (LCCI) to promote Made-in-Nigeria goods at the 2013 Lagos International Trade Fair.
Gbemudu, an Assistant Comptroller-General of Customs, gave the advice in an interview with newsmen in Lagos, recently.
“We believe so much in trade facilitation. This regime, under the Comptroller- General, Alhaji Abdullahi Dikko, has been canvassing for the patronage of Made-in-Nigeria goods.
“We want to encourage the Lagos Chamber of Commerce to support the Transformation Agenda of President Goodluck Jonathan through the coming trade fair.
“I also encourage the organisers to use the trade fair to create a forum where Made-in-Nigeria goods will be displayed abundantly,’’ he said.
Gbemudu said that the service was ready to partner with LCCI to ensure there was high demand by foreigners for locally manufactured goods during and after the fair.
He said that the Nigerian Export Promotion Council had been working hard to ensure that duties on exports were greatly reduced.
According to him, it will be a source of encouragement if more local manufacturers are able to export their goods.
The 2013 Lagos International Trade Fair will hold from the November 1 to November 10 and the chamber has been calling for local and foreign exhibitors.
Transport
Nigeria Rates 7th For Visa Application To France —–Schengen Visa
Transport
West Zone Aviation: Adibade Olaleye Sets For NANTA President
Business
Sugar Tax ‘ll Threaten Manufacturing Sector, Says CPPE
In a statement, the Chief Executive Officer, CPPE, Muda Yusuf, said while public health concerns such as diabetes and cardiovascular diseases deserve attention, imposing an additional sugar-specific tax was economically risky and poorly suited to Nigeria’s current realities of high inflation, weak consumer purchasing power and rising production costs.
According to him, manufacturers in the non-alcoholic beverage segment are already facing heavy fiscal and cost pressures.
“The proposition of a sugar-specific tax is misplaced, economically risky, and weakly supported by empirical evidence, especially when viewed against Nigeria’s prevailing structural and macroeconomic realities.
The CPPE boss noted that retail prices of many non-alcoholic beverages have risen by about 50 per cent over the past two years, even without the introduction of new taxes, further squeezing consumers.
Yusuf further expressed reservation on the effectiveness of sugar taxes in addressing the root causes of non-communicable diseases in Nigeria.
-
Niger Delta3 days agoPDP Declares Edo Airline’s Plan As Misplaced Priority
-
Sports3 days agoSimba open Nwabali talks
-
Nation3 days agoHoS Hails Fubara Over Provision of Accommodation for Permanent Secretaries
-
Niger Delta3 days ago
Stakeholders Task INC Aspirants On Dev … As ELECO Promises Transparent, Credible Polls
-
Niger Delta3 days ago
Students Protest Non-indigene Appointment As Rector in C’River
-
News5 days agoDon Lauds RSG, NECA On Job Fair
-
Oil & Energy3 days agoNUPRC Unveils Three-pillar Transformative Vision, Pledges Efficiency, Partnership
-
Rivers3 days ago
Fubara Restates Continued Support For NYSC In Rivers
