The Trans-Boarder Traders Association of Nigeria has appealed to the Federal Government to lift the ban on the importation of rice through land borders.
The National Coordinator of the association and a chieftain of the Association of Nigerian Licensed Customs Agents (ANLCA); Alhaji Mikky Okunola, made the appeal yesterday in an interview with reporters at Seme, near Badagry in Lagos State.
Okunola said that the ban had increased smuggling activities through the land borders, noting that smuggling was bad for the economy.
The Trans-Boarder Traders Association of Nigeria has appealed to the Federal Government to lift the ban on the importation of rice through land borders.
The National Coordinator of the association and a chieftain of the Association of Nigerian Licensed Customs Agents (ANLCA); Alhaji Mikky Okunola, made the appeal yesterday in an interview with reporters at Seme, near Badagry in Lagos State.
Okunola said that the ban had increased smuggling activities through the land borders, noting that smuggling was bad for the economy.
"The Federal Government in its determination to block revenue loopholes in 2011 banned the importation of rice through the country's land borders.
"The expectation of this was that if rice was allowed to come through the seaports only, it would be available at reasonable prices.
“And no one would have unfair opportunity to escape payment of duties and levies, but this has not been the case.
"Genuine rice importers are required by law to pay customs duty and levies, a condition those who engage in smuggling often try to evade.
“This makes smugglers either to sell at the market price and make excessive profit, or sell slightly below the market price and undercut honest importers.
"Basically, this policy has resulted in outrageous and alarming rate of rice smuggling and the Federal Government should try to reverse this.”
Okunola said the ban had impacted negatively on genuine investors and government's initiatives to encourage local rice production.
He commended the Seme Border Command of the Nigeria Customs Service for its efforts to curtail smuggling.
Discussion about this post