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Customs Begins Implementation Of 35% Duty On Vehicles

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The Nigeria Customs
Service (NCS) says it has commenced the implementation of new duties on imported vehicles and accessories introduced by the  Federal Government with effect from May 1.
The new policy, introduced by the government in November, 2013, requires importers of cars to pay 35 per cent duty on them, while tyres, buses and lorries attract 20 per cent duty in addition to five per cent Value Added Tax.
The Assistant Public Relations Officer of NCS, Mr Joseph Attah, told newsmen in Abuja that the service commenced the implementation of the policy based on a government directive issued in November 2013.
The Director-General, National Automotive Council, Mr Aminu Jalal, had on Friday told newsmen that the implementation of the new policy would commence on July 1.
Meanwhile, Association of Nigerian Licensed Customs Agents and National Association of Government Approved Freight Forwarders have been protesting the sudden implementation of the policy in the last few weeks.
The two associations urged the Federal Government to re-examine its National Automotive Policy, which occasioned the increase in  duties, pending the establishment of car assembly plants in the country.

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Maritime

Hunger Protest Paralyses Port Activities In Nigeria

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The ongoing hunger protests and EndBad Governance in Nigeria embarked upon by Nigerians have paralysed seaport activities across the six Seaports in the country.
Ports operational activities were shutdown at the six nation’s seaports: Tin Can Island Port, Apapa Port, Onne Port, Rivers Port Complex, Warri and Calabar Port.
Àgrieved Protesters took to the streets nationwide to demand an end to economic hardship and bad governance.
The #EndBadGovernance protests, which began in major cities across the country on Monday, August 1,2024, crippled  socio-economic activities and forced shops, business centres  and commercial activities to shutdown, including  air and seaports.
Following  the hunger protests, maritime activities were paralysed as all the busy seaports were deserted by port users.
Ships birthed at the ports were not discharging cargos, neither did trucks load consignment to their destinations and to the  consumers.
Seagoing vessels with cargos were stranded at the sea as marine workers were not on duty to carry out their marine operations.
Heavy security presence was noticed at major ports, including Apapa, Tin Can, Onne, and Port Harcourt as operations were grounded to a near halt.
Aggrieved youths, students and civil society organisations stormed major streets in various parts of the country, demanding that President Bola Tinubu should, as a matter of urgency, review or discard some of his harsh economic policies, which have brought hardship to Nigerians.
The protesters armed with various  placards chanted solidarity songs, defled heavy downpour  to protest harsh governance and  hardship in the country.
They called on the President  Tinubu government to review its economic policies, saying many Nigerians have been subdued by poverty and frustration since the advent of the All Progressives Congress (APC)-led Federal Government.

By: Chinedu Wosu

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Maritime

Nigeria’s Fish Import Bill Hits N138bn In Nine Months

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The Federal Government has said it spent over N138 billion in fish import bill in nine months in 2023, saying its yearly fish import bill stands at 2.4 million metric tonnes.
Government said such import bill drains the country’s foreign exchange reserves.
Director, Department of Fisheries, Ministry of Marine and Blue Economy, Wellington Omoragbon, stated this during a courtesy visit by the National Working Group on Gender and Blue Economy.
He called on government to tackle challenges facing fishery and aquaculture, including dredging activities.
To address the challenge, Omoragbon   said government is launching initiatives to increase local capacity, including locally-designed technologies such as storage facilities and inclusion of women and youths in production.
The Director emphasised the need for state and local governments to prioritise fisheries projects, particularly in supporting women and youth as  70 per cent of the population lack necessary support in the fishing industry.
He highlighted the need for market and technology development to reduce reliance on fish imports.
“The government plans to intervene in the fishing sector, signing an MoU with the Ministry of Water Resources to utilise the country’s water bodies for fishing”, he said.
He acknowledged the skill gap in the sector and called for a need assessment to identify targeted issues across fishing communities.

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Corruption At Ports: Group Writes To Presidency

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National President of the Association of Nigerian Licensed Customs Agents (NCMDLCA),  Lucky Amiwero, has charged the Federal Government to implement the Single Window Environment (SWE) to curb corruption-related problems at the nation’s seaports.
In a letter addressed to President Bola Ahmed Tinubu, Amiwero noted that apart from curbing corruption-related problems at the seaports, implementation of the SWE has many other benefits.
The Council listed some of the benefits to include provision of standardised information, single entry point, and reduced malpractice associated with import-export and transit-related regulatory requirements.
NCMDLCA also added that “the SWE will help facilitate the accelerated flow of service in Customs release and Cargo clearance, enhance the availability and handling of information, and harmonise better sharing of relevant data across Government system.
“It will reduce malpractice associated with Import- Export and Transit regulated requirements, provide trade related government information and receive payment of duties and other charges”.
The Council added that the provision of Section (1a) of the Customs Act provide for lead agency and one stop-shop process under the control of Nigeria Customs Service (NCS).
The implementation of SWE is expected to simplify the administrative process, reduce costs, and enhance the availability and handling of information, making trading easier for both government and private sector stakeholders.

By: Nkpemenyie Mcdominic

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