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LogoDaily Independent Online.         * Wednesday, June 30, 2004.

Customs worries over effects of concessioning on revenue drive

Stories by Muyiwa Dare

Maritime Reporter, Lagos

The Deputy Comptroller-General of Customs in-charge of revenue, Mr. Samuel Ogundeji, has said that the frequent concessions granted by the Federal Government to importers will affect the revenue generation of the service, thereby making it difficult for it to meet its target for the year.

Ogundeji stated this in Abuja  while receiving members of the non-oil and royalties committee of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) in his office. He lamented that the concessions granted importers to import at low rates would have adverse effects on revenue generation because a long list of products, which form major revenue earnings like textiles, had been banned in order to pep up the nation’s economy.

While noting that Nigeria is a signatory to some international treaties on the promotion of free trade, he disclosed that the restriction on importation had generated complaints from different quarters.

He said that apart from the concessions to some African countries, importations of products by charity organisations were also duty-free.

Earlier, the chairman of the committee, Alhaji Ahmed Ilyasu, had said that it would constantly monitor customs’ activities in order “to acquire, analyse and vouch for data from all ports and locations where dutiable goods were taxed and collected.”

He also stated that the committee has the mandate to determine and advice on the efficiency of equipment and collection machinery at the disposal of the Nigeria Customs Service, saying that the committee will tour all customs commands after the restructuring in order to keep an up-to-date record on all industries and commercial companies.

“This tour is aimed at familiarising members with the newly-introduced destination inspection regime and accounting of the Nigeria Customs Service and other related detailed operational procedures”, he said.

The Federal Government recently gave one-month concession to importers with containers at the south east ports. It was gathered that the concession, which expired on May 31, this year, was aimed at decongesting the ports.

The committee members and top management of the customs later held a meeting on a number of issues, such as funding of the service, lack of infrastructure in offices, curbing smuggling activities and the role of banks in transmitting revenue.

 

 

 

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