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Several Vehicles Trapped At Borders …As Imports Ban Takes Off

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The Nigeria Customs Service (NCS) has kicked off the implementation of the policy banning importation of vehicles through the land borders with many vehicles trapped at the borders.
The Association of Nigerian Licensed Customs Agents (ANLCA), Seme chapter, however, disclosed said that so many vehicles were trapped at the border posts.
The Public Relations Officer of the NCS, Seme Command, Mr Selechang Taupyen, told The Tide source in Badagry that the service had to comply with government’s fiscal policy.
Taupyen said that officials of the command had been placed at strategic places to curb any form of smuggling of cars.
The Federal Government had on Dec. 5 placed a ban on importation of used and new vehicles through land borders with effect from Jan. 1, 2017.
“The Federal Government has directed that importation of cars through the land borders should be banned and we are the agency that would enforce it so we have started with that.
“The border is close to the point of importation of cars and the command has placed its men and escorts at strategic places to ensure that there is no smuggling of cars through the border.
“We also have a good working relationship and synergy with other security agencies who assist us in enforcing this policy because we all work for the same government.
“We advise the public to abide by the government policy and if they must purchase a car then it should come through the sea port as any vehicle that tries to come through the land border would be seized and confiscated.
“Violators of the law would face the full wrath of the law,’’ he said.
Taupyen said that the policy was meant to encourage local production of vehicles in the country.
“The public must look at the long term benefit of this policy as this would help in encouraging local production of vehicles and it would boost the economy.
The Chairman of ANLCA, Alhaji Bisiriyu Danu, said as at Friday, Dec. 30, 2016, the Customs Authorities asked the agents to stop payment of Customs duty on vehicles by 5 p.m.
Danu said the association was not aware of any circular counter to the ban.
He said that so many vehicles uncleared by Customs agents were as at this morning (Jan. 3, 2017) trapped at the ports of neighbouring countries.
The Customs agent said that the association went into dialogue with some government representatives to grant a three-month grace period.
Danu said the grace period would enable ships carrying vehicles to berth for clearance before implementation of the ban.
The Customs agent said the ban would render many car dealers around Badagry and environs idle and this could be a dangerous trend.
He said that the enforcement of the policy would increase smuggling activities across the border.
Danu said that the policy would also increase unemployment among youths in the area.
“The Seme border is extremely porous and the situation has been managed properly by Customs officials but this policy is going to increase smuggling..
“All the unapproved routes would be exploited by smugglers. So smuggling would be on the rise with this policy that the government has put in place.
“Also it would increase the rate of unemployment of youths in this area as many people rely on this as a means of livelihood.
“The government should consider all these factors and lift the ban of vehicles through the land borders,” he said.
A major stakeholder in Seme, Chief Sam Maduike, pleaded with the Federal Government to lift the ban.
“The policy is going to bring untold hardship to the masses as the average Nigerians cannot afford to buy a brand new car.
“Also many people rely on buying used vehicles as their means of livelihood but this policy is just going to worsen the situation of things in the country.
“The government should consider all these and ift the ban,” he said.
A resident, Mr Tunde Apata, pleaded with the government to lift the ban.
“I helped people to buy cars from Cotonou and I have been doing that for several years. So, basically, this has been my only source of income.
“With the ban, I do not know how I would cater for myself and family. I am doomed,’’ he said.
Apata said the service was complying with the directive of the Federal Government that no vehicles should come through the border posts.
The President of the National Council of Managing Directors of Licensed Customs Agents, Mr Lucky Amiwero, said that the Federal Government should inaugurate a committee to look critically at the implications of the ban on vehicle imports.
He said that government should also look at the risk of lives of Customs officers because there would be increase in smuggling.
Amiwero said that a question that should also be asked is “Are Nigerian Ports friendly to accept vehicles’’?
He urged government to address the high cost of doing business in Nigerian ports.
“Our drafts level should be increased to accommodate bigger ships carrying vehicles.
“The most important thing is for government to provide a way for ships to sail easily into Nigerian ports and reduce the costs of doing business at the ports,’’ Amiwero said.
The Customs agent said that the shipping costs, the terminal operators handling costs and other costs make importation of vehicles into Nigerian ports most expensive compared to other ports in the sub-region.
He said that the port costs, the value of the vehicles and the procedures of clearance were very key.
Amiwero recalled that in 1998 and 1999, he agitated to bring back cargoes through the land borders because government was losing a lot of revenue to neighbouring ports.
“We have porous borders and we do not have the tool to check smuggling, ‘’ Amiwero said.
He said that operators of assembly plants should also be provided with the necessary conducive environment.
The National Association of Government Approved Freight Forwarders (NAGAFF) on Tuesday said it supported the ban.
The National Publicity Secretary of the association, Mr Stanley Ezenga, said that the association‘s support was borne out of the economic benefits that the policy would bring to the nation.
Ezenga said that this “is in terms of revenue and improved capacities in local automobile manufacturing’’.
“We support the new policy to ban vehicles through the land borders in its entirety because of the obvious economic benefits to the nation.
“First, activities are at their lowest ebb at the various ports due to diversion of cargoes to ports in neighbouring countries and we believe the policy will make our ports busy as vehicles will now have to come in through the ports.
“Also, there is the government`s Auto-Policy in place designed to encourage local capacities in the manufacturing of vehicles.
“So we believe the policy would prevent dumping and smuggling through better monitoring,’’ he said.
On whether the policy has taken off on Jan 1 planned date, Ezenga said he would need feed backs from his men around border posts to be sure.
“The National Assembly once called for the suspension of the policy but I do not know if the Federal Government is going ahead or backing off.
“It is still very early in January. Our men are on the field and we will know with time if the policy is going ahead or not,” he said.

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SMEs Dev: Firms Launch N100m Loan Scheme 

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The Coalition of Microlending and Cooperative Institutions in Nigeria (COMCIN), the umbrella body of non-bank microfinance institutions and cooperative societies in Nigeria, in partnership with NEAT Microcredit, has unveiled a N100 million joint loan facility aimed at supporting small and medium-scale enterprises (SMEs) across the country.

The facility will be disbursed through participating Microfinance Institutions (MFIs), which will in turn extend the loans to their customers, particularly SMEs, as they directly interface with businesses at the grassroots level.

The Executive Director of COMCIN, Mr. Micheal Ogbaa who represented the Chairman, Dr. Iredele Oyedele (FCA, FCCA),  said the initiative is designed to strengthen micro-lending institutions and expand access to finance for grassroots entrepreneurs, particularly women and youths in the informal sector.

Ogbaa explained that COMCIN does not lend directly to individuals but works through its network of microfinance and cooperative institutions, which in turn provide loans to end users.

“We came together to advocate for the microfinance ecosystem. Commercial banks often exclude people at the grassroots, but our members are positioned to reach them. This facility will empower them to do more,” he said.

He noted that the loan scheme offers low interest rates and flexible repayment plans, making it more accessible to small business owners.

According to him, about 90 percent of beneficiaries are expected to be women, who play a key role in sustaining families and driving economic activities at the local level.

“Our focus is on traders, service providers, and players in the informal sector. These are the real movers of the economy. By supporting them, we are strengthening families and contributing to national development,” he added.

Ogbaa disclosed that eligible SMEs with proven integrity and business track records could access up to N5 million each through participating micro-lending institutions. The rollout has commenced in Lagos and will extend to Abuja, Enugu, and other regions, including the South-West, South-East, and North-East.

He said 12 micro-lending institutions have already benefited from the scheme, while 85 applications are currently being processed under the pilot phase.

“Our target is to reach at least 100,000 SMEs nationwide. We are building a platform that connects funding partners with credible micro-lending institutions, creating a reliable channel for financial inclusion,” Ogbaa said.

He added that COMCIN is also working to attract larger funding pools from development finance institutions and private investors, noting that successful implementation of the pilot phase would boost confidence and unlock more capital for SMEs.

“We have seen encouraging testimonies from early beneficiaries. As we demonstrate transparency and efficiency, more institutions will be willing to channel funds through us,” he said.

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Yenagoa’s Radisson Hotel Ready  December   — NCDMB, Other 

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The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Felix Omatsola Ogbe, has expressed confidence that the five-star Radisson Hotel and Conference Centre, Yenagoa, Bayelsa State, would be completed and commissioned this December .
He said this while addressing visiting top executives of Edison Corporation  and Megastar Technical and construction company at the conclusion of a one-day project management tour and workshop at the headquarters of the Nigerian Content Tower (NCT), Yenagoa, weekend.
The Board in a statement from the Directorate of Corporate Communications said  all other stakeholder assured of the delivery of world-class services in the hotel upon it’s completion.
Ogbe described the hospitality facility as a top priority project of the Board whose progress he would be following up every day and week.
“This project is critical to the Board, critical to Yenagoa, Bayelsa State and Nigeria. With this hotel becoming functional at the end of the year, I believe there will be tourism in Bayelsa State, and that’s one of my dreams.
“When I took up this job as Executive Secretary in December 2024 I said I must make this hotel work”, the NCDMB boss said.
He commended the team from Edison Corporation and the project contractor, Megastar Technical and Construction Company, for the quality and pace of work, adding “much is required from the Management to meet up the schedule delivery
“Most of the critical aspects of the project have been resolved in terms of mark-up room, scope of work in terms of financing and contracting strategies”
The Board’s  Scribe said he was sure all hands would be on deck to ensure that work proceeds unhampered.
In his remarks, the Chief Executive Officer of Edison Corporation, Mr. Vivian Reddy, said the team from Edison Hotel Group was very excited to come into a contractual arrangement with NCDMB, assuring the project will put the city on the world map.
“What is so important with the group Radisson International is that, if anyone around the world looks for Radisson Yenagoa, they will see this place pop up, and it’s going to help to uplift the area in terms of visitors and tourism.
“Our role is to make sure we deliver a world-class quality hotel from start to finish. We will open the hotel, we’ll furnish it. We’re working with the main contractor to make sure the facility meets world-class standards”, he said.
Speaking on the sealing of the contractual deal with the NCDMB, he noted it took great efforts, saying “getting Radisson in the agreement was not easy, and it took several months and cumulative one and a half years of discussions and documentation”.
The Edison boss, who is reputed to be the first South African businessman to lead a high-level business delegation from that country to Nigeria during the tenure of President Thabo Mbeki in 1999, was full of commendation for the NCDMB boss, describing him as “a great and visionary leader”.
“The vision and dream of the Executive Secretary of the NCDMB are going to become a reality.  We’re going to help him and make it a reality and it’s going to be the best hotel in this region”, the   boss noted.
Mr Reddy also commended the project contractors and professional teams involved, stating that his team has every confidence in their technical competence.
By: Ariwera Ibibo-Howells, Yenagoa
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RIRS Sets Tomorrow As Deadline For Individual Tax Returns Filing    

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The Rivers State Internal Revenue Service (RIRS) has set tomorrow as the deadline for the filing of  all  Annual Individual Income Tax Returns  for all taxable residents of the state.
This was contained in a public notice  by the Service to the taxable residents of the state in compliance with statutory provisions.
The notice was signed by the Executive Chairman of the agency, Sir Israel O. Egbunefu, and made available to the public in Port Harcourt recently.
 Egbunefu stated that the directive was in line with the provisions of the Nigeria Tax Administration Act 2025, which mandates individuals to declare their income for the preceding year of assessment.
 According to the notice, the obligation covers all categories of income earners, including employees in both the public and private sectors, self-employed individuals, business owners, and professionals operating within the state.
The agency reiterated that the timely filing of tax returns remains critical to promoting transparency, accountability and efficient tax administration in Rivers State.
 It further noted that compliance with tax obligations plays a vital role in enabling the government to meet its developmental goals and provide essential public services.
 RIRS urged all eligible taxpayers to ensure that their 2025 tax returns are properly completed and submitted through its approved channels before the stipulated deadline .
The Service warned that failure to comply with the directive may attract penalties and other sanctions as prescribed by relevant tax laws.
 It also stated its commitment to enforcing compliance while maintaining a taxpayer-friendly approach in its operations.
 Taxpayers requiring assistance were advised to visit any RIRS office or access its official platforms for guidance on the filing process.
The agency assured residents of continuous support, including professional advisory services, to facilitate a seamless and stress-free compliance experience.
 The notice forms part of ongoing efforts by the Rivers State Government to strengthen revenue generation and enhance voluntary tax compliance across the state.
 Residents are therefore encouraged to take advantage of the available support systems and meet the deadline to avoid unnecessary penalties.
By:  King Onunwor
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