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Buhari First Tactical Bullet Against The Ibos by denko(m): 1:23pm On Jun 12, 2015 |
There was confusion at the Lagos ports on Wednesday as importers and clearing agents had difficulties clearing their goods following the implementation of the Economic Community of West African States’ Common External Tariff. All the 16 members of the ECOWAS, including Nigeria, had agreed to introduce a uniform import tariff, pegged at 35 per cent maximum, from January this year, to facilitate trade within the region. Although the Nigeria Customs Service said the policy had taken effect on April 11, it was not enforced until Monday. But the importers, who claimed not to be aware of this development, said many of them were asked to pay double what they use to pay as tariff on imported materials. They also said the tension generated by the rate adjustment was heightened on Monday and Tuesday when they could not assess the Customs online portal. They expressed fears that the development could result in another port congestion as many might be unable to immediately pay the new tariff. An importer, whose consignment of electronic metal detector apparatus had just arrived at the port, complained to one of our correspondents that there was no prior notice about the adjustment in tariff, adding that she discovered on Tuesday that what she needed to pay on her goods had doubled. The importer said she had already obtained the Pre-Arrival Assessment Report from the Customs stating the tariff she had to pay on her goods but that when she attempted to log on to the Customs portal, she could not, only for bank officials to inform her that the tariff she had to pay had doubled. A clearing agent, who spoke with one of our correspondents on the condition of anonymity, said, “They (Customs) adjusted the rates. Ours was increased from five to 30 per cent, although we learnt that some had theirs reduced from 40 to 30 per cent, but these category of importers were in the minority. “We could not access the Customs portal on Tuesday. My client’s assessment jumped up by N2.5m. And if you pay anything less, the system will raise an alert because it is automated, and you are likely to be interrogated as if you want to circumvent the system.” But the Public Relations Officer, NCS, Tin Can Island Port Command, Mr. Chris Osunkwo, said the ECOWAS CET was a two-way tariff, adding that while some importers would have to pay more on certain goods, others would pay less. Details of the new tariff show that a zero per cent duty is payable on goods imported under social and necessary items category; five per cent on raw materials; 10 per cent on intermediate goods; and 20 per cent on finished goods not produced locally. Osunkwo also said in a telephone interview with one of our correspondents that while 35 per cent rate would be paid on imported used vehicles, 70 per cent had been imposed on new vehicles to encourage auto industries to assemble vehicles locally. According to a statement by the Public Relations Officer, NCS, Mr. Wale Adeniyi, the new tariff comprises an Import Adjustment Tax list, which involves additional taxes on 177 tariff lines of the ECOWAS CET; and a national list consisting of items whose import duty rates have been reviewed to encourage more development in strategic sectors of the economy. It stated that the Comptroller-General of Customs, Abdullahi Dikko, had directed the immediate enforcement of the tariff provisions by all Customs area commands and urged all stakeholders to comply. He also allayed fears about fresh port congestion resulting from the ECOWAS CET implementation, noting that there were usually initial teething problems at the start of any policy. |
Re: Buhari First Tactical Bullet Against The Ibos by doublewisdom: 1:24pm On Jun 12, 2015 |
Igbos will simply hike prices. 58 Likes 1 Share |
Re: Buhari First Tactical Bullet Against The Ibos by denko(m): 1:29pm On Jun 12, 2015 |
Does this represent CHANGE doublewisdom: |
Re: Buhari First Tactical Bullet Against The Ibos by InyinyaAgbaOku(m): 1:29pm On Jun 12, 2015 |
it will be transferred to the masses nah. Op you should be sorry for us all more 23 Likes |
Re: Buhari First Tactical Bullet Against The Ibos by Ezenwammadu(m): 1:29pm On Jun 12, 2015 |
We will simply increase the prices of the imported product to regain the tariff paid it is called transfer of burden....simple 52 Likes |
Re: Buhari First Tactical Bullet Against The Ibos by Young03(m): 1:30pm On Jun 12, 2015 |
Anyi abiara lagos izu ndi ara 27 Likes 1 Share |
Re: Buhari First Tactical Bullet Against The Ibos by Ezenwammadu(m): 1:30pm On Jun 12, 2015 |
denko:Buhari tactical stupidity is not change 34 Likes 1 Share |
Re: Buhari First Tactical Bullet Against The Ibos by superstar1(m): 1:31pm On Jun 12, 2015 |
doublewisdom: He will simply ban importation. What next? 3 Likes 1 Share |
Re: Buhari First Tactical Bullet Against The Ibos by denko(m): 1:33pm On Jun 12, 2015 |
Egyptgate morsi approach superstar1: 16 Likes 1 Share |
Re: Buhari First Tactical Bullet Against The Ibos by iamodenigbo1(m): 1:35pm On Jun 12, 2015 |
no comment |
Re: Buhari First Tactical Bullet Against The Ibos by Nobody: 1:35pm On Jun 12, 2015 |
doublewisdom:don't mind the mumu op, you simply pay for any dime placed on the Igbo importers Nigerians no get sense sha. 20 Likes |
Re: Buhari First Tactical Bullet Against The Ibos by ARKdiscloser7(m): 1:37pm On Jun 12, 2015 |
You should've captioned it "Tactical Bullet against the Nigeria mases" I trust my Igbo brothers there's always a way out of anything esp. in business. Just load the excesses on the goods and make your money back 27 Likes |
Re: Buhari First Tactical Bullet Against The Ibos by OkuDiOver1(f): 1:38pm On Jun 12, 2015 |
So how does increase in import tariff translate to "Buhari's tactical bullet against igbos"? 22 Likes |
Re: Buhari First Tactical Bullet Against The Ibos by denko(m): 1:39pm On Jun 12, 2015 |
Ibos control all importations OkuDiOver1: 5 Likes |
Re: Buhari First Tactical Bullet Against The Ibos by Ezenwammadu(m): 1:41pm On Jun 12, 2015 |
superstar1:Then people start buying Aba made products and Ebonyi local rice 55 Likes 3 Shares |
Re: Buhari First Tactical Bullet Against The Ibos by applord: 1:43pm On Jun 12, 2015 |
NIGERIANS should prepare THEMSELVES for the challenges ahead, and not just IGBOS 8 Likes 2 Shares |
Re: Buhari First Tactical Bullet Against The Ibos by OkuDiOver1(f): 1:46pm On Jun 12, 2015 |
denko:. 3 Likes 1 Share |
Re: Buhari First Tactical Bullet Against The Ibos by Nobody: 1:49pm On Jun 12, 2015 |
Is it Onitsha port? Wetin come be ibo wahala. Na only ona dey import business. Apart from second hand and substandard fake goods, what else is your business in the port 2 Likes |
Re: Buhari First Tactical Bullet Against The Ibos by Nobody: 1:49pm On Jun 12, 2015 |
My Igbo brothers, please let us stop all these every body is attacking us mentality, it will take us nowhere to say the least! Enough already!! 31 Likes 2 Shares |
Re: Buhari First Tactical Bullet Against The Ibos by denko(m): 1:49pm On Jun 12, 2015 |
The previous Govt did not implement it until CHANGE YAZO(COME) OkuDiOver1: |
Re: Buhari First Tactical Bullet Against The Ibos by Nobody: 1:50pm On Jun 12, 2015 |
IyaIode: Shut your halitosis infested cesspit you call a mouth if you have nothing reasonable to say. 20 Likes |
Re: Buhari First Tactical Bullet Against The Ibos by Nobody: 1:51pm On Jun 12, 2015 |
applord: Simple and short! 6 Likes |
Re: Buhari First Tactical Bullet Against The Ibos by kettykings: 1:51pm On Jun 12, 2015 |
superstar1:Banning will lead to open borders, don't push this people to the wall. 10 Likes |
Re: Buhari First Tactical Bullet Against The Ibos by superstar1(m): 1:52pm On Jun 12, 2015 |
Ezenwammadu: People will insist on buying authentic things from the malls and rice from their regions. What next? 2 Likes |
Re: Buhari First Tactical Bullet Against The Ibos by attacker231: 1:53pm On Jun 12, 2015 |
Victim card as usual. Chai....Yeeboes wont kill me. 2 Likes |
Re: Buhari First Tactical Bullet Against The Ibos by denko(m): 1:53pm On Jun 12, 2015 |
Lagos Port was politics the first port in nigeria were actually in south south. the word okreka cloth was derived from one of the first port in Nigeria Okrika in river state IyaIode: 1 Like |
Re: Buhari First Tactical Bullet Against The Ibos by Nobody: 1:55pm On Jun 12, 2015 |
Unfortunately, the masses will pay for it. This move has only succeeded in adding to the pains already face by Nigerians. Baba this is not part of the agreement. 12 Likes |
Re: Buhari First Tactical Bullet Against The Ibos by aresa: 1:57pm On Jun 12, 2015 |
And what's Jonathan's policy got to do with PMB? Useless bigots and paranoids.. 11 Likes 1 Share |
Re: Buhari First Tactical Bullet Against The Ibos by Ramnon2: 1:57pm On Jun 12, 2015 |
superstar1: Yorubas will simply suffer more. What next? 19 Likes |
Re: Buhari First Tactical Bullet Against The Ibos by Ramnon2: 1:58pm On Jun 12, 2015 |
superstar1: Then Igbo-made good in Aba and Onitsha and Nnewi will sell more. Head or tail. Igbos win 22 Likes 1 Share |
Re: Buhari First Tactical Bullet Against The Ibos by InyinyaAgbaOku(m): 1:59pm On Jun 12, 2015 |
EUROBOMBER: Is the op Igbo? |
Re: Buhari First Tactical Bullet Against The Ibos by Ramnon2: 1:59pm On Jun 12, 2015 |
superstar1:The malls are also importers. They will hike their own prices too. What next, Mr Mumu? 18 Likes |
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