Business
Importers Lament Over Outrageous Duty Payment, Abandoned Border
Customs brokers operating at the Seme Border have decried double duties paid to the Benin Republic authorities and the Nigerian Government for clearing cargoes.
Addressing newsmen recently at Seme Border, the Chairman, Association of Nigeria Customs License Clearing Agents (ANLCA) Seme Chapter, Mr. Onyekachi Ojinma, said double duty payment collected by the Benin Republic and the Nigeria Government with multiple checkpoints are the reasons the importers are fleeing Seme Border for Apapa and Tin Can Island Ports, and more reasons why businesses are still nosediving at the border corridor two years after it was reopened.
He said ordinarily it is cheaper for importers to use trucks to transit their cargoes from the West African countries to Nigeria, saying that the containerisation policy has increased the price of transiting the cargoes from these neigbouring countries.
According to him,”The business here is not equivalently friendly. We are doing a double clearing of cargoes by paying duty at Cotonou Port and on getting to Nigeria, you will be required to pay the same duty, which is similar to the one being collected at Apapa Port. This has never been our style of doing business before”.
He lamented that the Cotonou Port, which is ordinarily to be a transit port, charges importers as high as N1.7 million for 20 feet containers and N2 million for 40 feet containers before they are allowed to transit to the Seme Border where they still pay duties to the Federal Government.
He noted that double-duty payment at the Seme Border has discouraged many importers from clearing their consignments through the land border, adding that they now satisfactorily prefer to go through the Lagos Ports where the total cost of duty and other expenses are cheaper.
“Transit goods are still being asked to pay Cf9 million instead of 0.3percent transit. These goods are manufactured from the ECOWAS region, not in Cotonou, they are not supposed to open that cargo but the Cotonou government would collect duty.
“A Naira is equal to the Cefa now. After clearing cargoes with millions at Cotonou, on getting to Nigeria, you still have to pay millions to clear it again.
“Meanwhile, at Apapa Port, it is not so. We are losing our importers,” he cried out.
He indicted the security agencies, especially the Nigeria Police, of mounting not less than 50 checkpoints between Agbara and Seme Border.
By: Nkpemenyie Mcdominic, Lagos
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FG Fixes Uniform Prices for Housing Units Nationwide, Approves N12.5m For 3-bedroom Bungalow ……..Says Move To Enhance Affordability, Ensures Fairness
“The approved selling prices are as follows: One-bedroom semi-detached bungalow, N8.5 million; two-bedroom semi-detached bungalow: N11.5 million and three-bedroom semi-detached bungalow, N12.5 million,” the statement added.
Minister of Housing and Urban Development, Ahmed Dangiwa, stated that priority in the allocation of the housing units would be given to low and middle-income earners, civil servants at all levels of government, employees in the organised private sector with verifiable sources of income, and Nigerians in the Diaspora who wish to own homes in the country.
The Permanent Secretary in the ministry, Dr. Shuaib Belgore, explained that several payment options have been provided to make the houses affordable and flexible. These include outright (full) payment, mortgage, rent-to-own scheme, and installment payment plans.
The ministry further announced that the sale of the completed housing units across the northern and southern regions will soon commence.
“Applications can be made through the Renewed Hope Housing online portal at www.renewedhopehomes.fmhud.
The ministry, however, clarified that the approved prices apply strictly to the Renewed Hope Housing Estates which are funded through the ministry’s budgetary allocation, as against the Renewed Hope Cities in Karsana Abuja, Janguza Kano, Ibeju Lekki, Lagos which are being funded through a Public Private Partnership (PPP).
