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MAN Seeks Strict Penalties For Fake Products Importers

MAN Seeks Strict Penalties For Fake Products Importers         The President, Manufacturers Association of Nigeria, Mansur Ahmed, has called on the Standards Organisation of Nigeria to introduce strict penalties for dealers in fake and substandard goods in the country. The penalties, according to him, will serve as...

Fed Govt Grants Importers N342bn Waivers

Fed Govt Grants Importers N342bn Waivers       The federal government of Nigeria on Thursday said it granted N342bn waivers to importers in the last two years. Minister of Finance, Budget and National Planning, Zainab Ahmed, said this at the second phase of the one-day sensitisation seminar on...

N130bn Goods Trapped Since Border Closure – Importers

N130bn Goods Trapped Since Border Closure - Importers         The Association of Nigeria Licensed Customs Agents (ANLCA), on Monday, said goods worth N130 billion belonging to the private sector were trapped since August 2019 when the land border closure began. However, ANLCA said it has received the...

#EndSARS: Importers Want Waivers On Cargo Charges

#EndSARS: Importers Want Waivers On Cargo Charges         The organised private sector, which includes manufacturers, importers and clearing agents, have said they will resist moves by terminal operators and shipping companies to demand demurrage and storage charges on goods that arrived at the Lagos ports during...

Importers Lose N1.7bn On Container Deposit Yearly

Importers Lose N1.7bn On Container Deposit Yearly     The Executive Secretary of the Nigerian Shippers Council (NSC), Barrister Hassan Bello, on Tuesday said importers lose the sum of N1.7 billion annually on container deposit to shipping companies. Bello disclosed this at the end of a meeting of...

Importers, Agents Decry Customs’ Server Failure At Tin-Can Port

Importers, Agents Decry Customs’ Server Failure At Tin-Can Port   Operations of importers and clearing agents at the Tin-Can Island `Port, in Lagos, are being frustrated following the collapse of the Nigeria Customs Integration System (NICIS2) server in the past fortnight. The server failure, which has crippled...