Business
Agents Decry N20bn Loss To Fake Imports In 10 Years

The Association of Nigeria Licensed Customs Agent (ANLCA) has said that clearing agents and customs brokers lost over N20 billion cumulatively as a result of substandard and fake importations into the country in the last 10 years.
National President of the group, Hon. Iju Tony Nwabunike, made this known during a presentation at a one-day workshop on facilitating trade through Standard Organisation of Nigeria’s (SON) automated services in Lagos, on Tuesday.
Nwabunike said, “We have an unsung ethic of promoting standard and best practice across various areas in the course of carrying out our cargo clearing function at the seaports and border stations.
“Overtime, the customs brokers have been victims of substandard importations by importers who, in some cases, failed to disclose to us the actual content or degree of compliance with extant rules like SON Conformity Assessment Programme (SONCAP).
“In view of copious challenges faced in our line of business, we educate importers on the need for their compliance to safeguard lives and avoid losses emanating from seizures and destruction of fake and substandard goods.
“This task is daunting but we are not relenting because customs brokers have suffered an estimated cumulative losses amounting to over N20 billion in the last ten years for undertaking to clear goods discovered to be substandard.
“Let me put it clear ,that upon seizures of suspected fake or substandard goods after payment of duty, it will be easier for a camel to go through the eye of a needle than for an importer, whose consignments were seized, to pay you the balance of the agreed sum even after the broker has spent his money on the logistics.
“This is just a mild analogy of the costly price we are paying to achieve standards and build an enduring economy that will be beneficial to all”, he said.
The ANLCA boss urged importers to take the advantage of training and enlightenment opportunities provided by his association and corporate bodies like SON to keep complying.
He called on the Nigeria Customs Service to integrate SON into the Nigeria Customs Information System (NICIS) as a means to enhance trade and promote ease of doing business at the ports.
Nkpemenyie Mcdominic, Lagos
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