Port Users Demand Clarity on Import Duty Waivers
Port users have called on the Federal Government to release a comprehensive list of food items affected by the import duty suspension.
The port operators made the call in separate interviews with the News Agency on Friday in Lagos, while expressing concerns about its implementation.
Dr Kayode Farinto, Chief Executive Officer (CEO) of Wealthy Honey Investment Ltd., urged the Comptroller-General of Customs to publish the list of exempted items.
Farinto, a former executive of the Association of Licensed Customs Agents (ANLCA), suggested additional measures to alleviate the burden on clearing agents.
He listed the measures to include a fixed exchange rate for imports and an extended age limit for imported vehicles.
“If the government can provide an official rate for people traveling to Jerusalem, I see no reason why it cannot consider the clearing agents for waivers on import duties or peg the exchange rate of imported goods at N1,000.
“The government should also review the age limit for imported vehicles to 15 years, instead of 13 years. This measure could help reduce the sufferings of the masses,” Farinto said.
Also, a Reverend, Nicodemus Odolo, a Trustee of the Shippers Association, Lagos (SAL), while supporting the duty waiver, emphasised the need to ban food exports to ensure domestic sufficiency.
Odolo also raised concerns about the potential impact on local farmers and called for improved security to encourage agricultural production.
The federal government announced the suspension of import duties and taxes on essential food items on Monday as a measure to combat rising food prices.
The Comptroller-General of Customs, Adewale Adeniyi, said the move aims to make basic necessities more affordable for Nigerians.
Adeniyi also said that the NCS had streamlined export processes to facilitate the efficient movement of Nigerian goods to international markets.
He said that the initiative included the introduction of advanced ruling systems, authorised economic operators and a time-release study designed to enhance trade, stimulate the economy, and create new opportunities.
“These reforms will provide farmers, artisans, and entrepreneurs with a faster path to global markets, with benefits to families and communities,” he said. #Port Users Demand Clarity on Import Duty Waivers
