Business
Customs Unit Seizes N1.88bn Contraband Goods
The Federal Operations
Unit of the Nigeria Customs Service, Zone ‘C’ in Owerri, has said that it recorded 200 seizures of contraband goods worth N1.88 billion in 2013.
The Area Controller of the zone, Mr Victor Dimka, announced the figures while addressing newsmen in Owerri on Monday, saying the zone made 56 seizures with duty paid value of N1.05 billion in 2012.
He explained that 31 arrests were made between January and December 2013, with 17 cases still in court.
Dimka, who promised hard times for smugglers in the year, reaffirmed the preparedness and determination of the service to tackle the problem of smuggling in the area.
He noted that a formidable mechanism had been put in place to ensure that smugglers and those with the intent to indulge in the act were trapped and made to face the full weight of the law.
A breakdown of the seizures in the period under review showed that 2,801 bales of second-hand clothing worth N529.5 million, the highest so far in the zone, were seized.
This is followed by 114 vehicles valued at N355. 3 million and 609 bales of printed wax worth N269. 8 million.
Others seizures include 18,594 cartons of imported poultry products valued at N208.3 million and 3,619 cartons of vegetable oil valued at N97.78 million.
It also included 115,732 pairs of imported footwear with value of N155.9 million and 1,611 pieces of used tyres valued at N17.78 million, among others.
Dimka regretted the attitude of smugglers whom he said kept changing their tactics, describing it as a major challenge confronting his officers.
He reassured the public that the officials were competent to neutralise the smugglers’ antics.
Dimka commended members of the public for “patriotically cooperating with the officers of Nigeria Customs Service Zone ‘C’ in respect to supplying useful information on the activities of the smugglers”.
He urged the public to sustain the spirit to reduce smuggling in the zone to the lowest level for the betterment of the nation and its citizens.
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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.
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