Headlines
Stakeholders kick as Navy returns to Ports

“The Nigerian Navy should be concerned with our territorial waters and the Gulf of Guinea (GoG), where we have so many security challenges bedeviling the country.
“Already, we have government agencies at the port doing almost the same thing such that it is difficult to exit cargoes from the seaports, so why will they want to add to the burden?” he queried.
“They should concentrate on the coastal waters where piracy is expected to be combated. Also, I believe that the bulk of the small arms and ammunition are not coming in through the seaports but through the porous borders because of the hassles involved in 100 percent examination.
“There is already a technology from the Nigerian Shippers Council to track and see cargoes, so they should key into that initiative to know the types of cargoes that will be coming into the country.
“We don’t need an additional agency at the port because shippers that own cargoes coming to Nigerian seaports are already overburdened by the activities of government agencies at the port.”, Rev. Nicol declared.
Otunba Frank Ogunojemite, the National President, Africa Association of Professional Freight Forwarders and Logistics in Nigeria (APFFLON), believed that the Navy at the seaports would not solve the proliferation of light and small arms into the country.
Customs
Customs complies with ministry’s directive, seeks alternative funding of its services after suspension of 4 percent FOB levy

Customs
FG orders Customs to suspend collection of 4 percent FOB levy

by the Nigeria Customs Service on all imported goods.“Following extensive consultations with industry stakeholders. trade experts, and relevant government officiais, it has become clear that the implementation of the 4% FOB charge poses significant challenges to the Nigerian trade facil tation, environment and economic stability.
“Many importers and businesses have raised concerns about the increased financial burden this levy imposes, with potential adverse effects on inflation, trade competitiveness, and the overall business Climate in Nigeria.
“This suspension will provide an opportunity for comprehensive stakeholder engagement and & thorough review of the levy’s framework and its broader economic implications .
“The Ministry of Finance looks forward to working closely with the Service and all relevant parties to devise a more equitable and efficient revenue structure that susports both revenue generation and economic growth and stability.
“Ensure strict compliance. ‘,the memo concluded.
Customs
Comptroller Anani vows to enforce zero tolerance for smuggling as he takes the mantle of leadership at PTML

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