Rice is a food mostly consumed by every household in Nigeria. In Africa, Nigeria is the highest consumer of Rice. About 80 percent of it are imported from mostly Asian countries.
Over the years Nigerian government have been trying to curb the importation in order to encourage local production of the commodity. One of those measure was the introduction of import restriction on rice and increment of duties and levies on rice importation.
This did not help, rather this made it more difficult for Nigerians to access the product . Local production could not meet the demands. For almost a year, the price has increased to more than 100 percent.
On Wednesday 6 October 2016 the Nigerian Custom Service, announced the collapse of those restrictions.
According to News Agency of Nigeria NAN;
The Comptroller-General of Customs, Col. Hameed Ali (rtd), has ordered the immediate removal of rice from import restriction list and the re-introduction of import duty payment at land borders.
The Public Relations Officer of customs, Mr Wale Adeniyi, made this known in an interview with the News Agency of Nigeria (NAN) on Wednesday in Abuja.
He said the restriction was only applied at land border stations before now, adding that the customs boss had lifted restriction on rice at border stations.
Adeniyi said that all rice imports through land borders by rice traders would attract the prevailing import duty of 10 per cent with 60 per cent levy.
He added that rice millers (preferential levy) with valid quota allocation would also attract duty rate of 10 per cent with 20 per cent levy on rice importation.
“Over the years importation has been restricted to the seaports because border authorities have found it difficult to effectively monitor and control importation of rice.
“When the decision to ban it (rice) was taken it was not an effective measure because smuggling of the product thrives with people using different means of conveyance including small trucks, bicycles and even animals – putting them on donkeys and some actually carry it on their heads.
“These new measures will be for customs to recognize their anti-smuggling operations in the border areas and ensure that all those importers through the borders bring their rice through approved routes and pay their extant duty.”
Source: NAN
At last, Nigerian Custom Service lifts Restrictions on Rice Importantion.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment