Business
ANLCA Seeks Waiver On Auto Parts
The President, Associa
tion of Nigerian Licensed Customs Agents (ANLCA) Prince Olayiwola Shittu, has called on the Federal Government to grant zero per cent duty to importers of automobile parts into the country.
Speaking to newsmen in Lagos on Monday, the ANLCA boss said the duty free policy on automobile parts by the federal government would encourage manufacturers to bring in their equipment as well as create more jobs and support local assembly plant to manufacture world-standard vehicles.
Shittu said Nigeria rather than being seller of imported automobile parts should be encouraged to develop local manufacturing plants to give jobs to Nigerians.
He said government should assist the locally automobile manufacturing plants in Aba, Nnewi and Onitsha Anambra State through formulated policy free of duty charge as a matter of encouragement and national policy.
He said the auto firms would provide jobs for many Nigerians and boost the economy, considering the huge market for vehicles in the country.
Shittu called upon the federal government to give the necessary attention to small scale enterprises in the auto sector to boost made –in-Nigeria vehicles in the next few years.
Shittu said the 10 per cent import duty imposed on vehicles by the federal government would push the business of vehicle importation to ports of the neighbouring countries.
He called on the government to review such policy to attract more revenue rather than diversion of revenue earning source to neighbouring countries.