Nation
SEAMATA Condemns Inport Duty Increment On Cargo
Members of the the South East Amalgamated Markets Traders Association (SEAMATA) have strongly criticised and rejected the recent astronomical and indiscriminate increment in the import duty on cargoes charged by Nigerian Customs.
SEAMATA is the umbrella union of traders in all the markets in the South-East Geo-political Zone and traders of South-East extraction doing business across the states in the Federation and in Diaspora.
This is contained in a statement jointly signed by SEAMATA’s President General, Chief Gozie Akudolu and its Secretary General, Mr Alex Okwudiri, in Enugu yesterday.
According to them, the Nigerian Customs introduced a method of working out import duty payment on goods and set out a particular minimum amount payable for each 40ft container.
The statement noted that items with the least percentage tariff of five per cent are not even spared.
The current import duties, the statement further regretted, are no longer calculated based on invoice value of consignments.
”Between 2020 and now, the amount charged on cargoes as import duties have risen in geometric proportion from N750,000 to N2 million, again to N3 million and presently, to N3.3 million for 40ft containers; while 20ft containers jumped to N1.8 million.
”The Nigerian Customs on their own, work out payable import duty now based on “estimated” invoice value of consignment as against the actual invoice value of goods from the country of origin.
”This development is not only bringing untold hardships to importers but is also compounding the pains of the citizens as it dovetailed to astronomical increase in prices of imported goods as the Nigerian Customs estimated invoice value is always far above the actual cost of the imports.
”The indiscriminate estimate of value of goods by Nigerian Customs is adversely affecting the prices of goods in the markets today both imported and locally produced as it triggered a chain reaction.
”Even agricultural products are not spared in the chain effect of the price increase.
”In the general meeting held in Onitsha on Wednesday, Nov. 24, 2021, the traders resolved to very strongly condemn and reject the increment.
”We are appealing to the Honourable Minister of Finance, Budget and National Planning to prevail on the Nigerian Customs to, as a matter of urgency, suspend the exercise.
”This is to save the Nigerian citizens from further economic hardships as further economic pains that follow such situations could lead to social unrest which our nation doesn’t need now”.
The statement also prayed and expected that the appeal of the traders would be favourably considered in the overall interest of the masses across the country. 7Ends.
By: Canice Amadi, Enugu
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Haniel Jack Foundation Awards Five Rivers Indigenes Scholarship
The Ibanibo Haniel Jack Foundation has awarded scholarships to five Rivers State indigenes in different tertiary institutions.
The scholarship programme was announced on Easter Sunday by Rev. Dr. Samuel Wachukwu, who is also the presiding pastor of Redeemer Baptist Church, at No. 44/46 Lumumba Street, Mile Two Diobu, in Port Harcourt.
Speaking, the chairman of the occasion, Barrister Karibi George, advised the recipients to justify the scholarship by ensuring that they put in their best and finish at the expected time.
George reminded them that opportunity comes but once and they should take advantage of the opportunity that comes their way judiciously.
“Those of you who are beneficiaries of this scholarship should also remember to help others and the resurrection of our Lord Jesus Christ.
“I advise you to justify the opportunity given to you and make the man who gave you the scholarship, yourself, and your family proud,” Barrister George said.

He explained that the scholarship spans undergraduate and postgraduate levels in various high institutions in Nigeria. He thanks Sir Jack for the gesture.
The scholarship is to promote education in our society, most especially for Rivers indigenes, and equally assist those who cannot immediately afford tuition fees.
It will interest you to know that
The scholarship was borne out of God’s blessings, and this is a way to give back to the society. Besides, two of the beneficiaries are direct employees of the chairman of the foundation, sir.
Ibanibo Haniel Jack, who is also the chief executive officer (CEO) of White House Hotel, in Port Harcourt.
Chief Prezi Diffa, while presenting the awards, commended Sir Ibanibo Haniel Jack, who has deemed it necessary to give back to society.
Chief Diffa equally advised the beneficiaries to take their academics seriously and count themselves lucky.
“The man who has given you this scholarship wants to better your lives, so please put in every effort to ensure you finish the school with flying colors,” Chief Diffa said.
The beneficiaries are Isoboye Haniel Douglas, Naomi Douglas, Charles Batubo, Ajé Sokari, and
Dakoru Owen Amachree.
Tonye Orabere
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