Customs
Customs N4.1 trillion 2022 revenue target will create unrest in port system—- Shippers warn FG
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Eyewitness reporter
The Shippers Association of Lagos State (SALS) has warned of imminent unrest in the port system over the humongous N4.1 revenue target given to the Nigeria Customs Service in 2022.
The President of SALS, Rev. Jonathan Nicole, who gave the warning yesterday in Lagos, disclosed that the trading public, especially the Shippers, freight forwarders, importers and exporters, are already protesting against the huge target which he said would put undue pressure on the Nigeria Customs.
While advising the Federal government to reduce the revenue target which he described as unrealistic, Nicole lamented that Shippers will hold the short end of the stick amidst sluggish imports due to scarcity of foreign exchange.
“The financial challenges of government are enormous. The Nigeria Customs Service has been making steady increases yearly irrespective of how they do it.
“Shippers, importers are already protesting the huge target attached to the service which will obviously give them sleepless nights. “Moreover, import is gradually reducing because of high freight charges and lack of empty containers. Importers may be paying more for freight on hazardous goods,” he said. Nicole noted that importers were going through the regime of unexpected import adjustments as a result of the Central Bank of Nigeria Form M increment. He added that some importers have already veered into other businesses as a result of pressure on them which he warned might have negative effects on the economy.
“We hope the import Tariffs Headings will not increase on domestic goods and industry. The government is not thinking of trade facilitation at this point in time.
“They are very concerned about how to run the day-to-day activities and how to service or pay off our debts. “We sympathise with the overall situation but shippers, importers and exporters should not be their escape routes as most of our goods are distributed to our neighbouring countries. “Importers will go through difficult situations this year. Shippers are not the cause of our economic woes,” declared. |
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