Breaking News

Cargo handlers advocate one-digit import, export tariffs


Cargo handlers have called on government to reduce the current tariffs charged on goods as this has affected the volume of goods leaving and entering the country.

The handlers made the call at a one-day stakeholders haulage/logistics forum with the theme: Government Policies: A Panacea to Growth and development of Haulage Logistics Sector.

A communiqué at the end of the forum affirmed that “the Volume Import and Export tariffs should be reduced to a one-digit figure from what it is at the moment just as it was achieved in the downstream petroleum sector. This will encourage importation and exportation of both finished products and raw materials to boost national economy”

The handlers maintai-ned that cargo haulage/logistics sector is a major sector in the overall growth of Nigerian economy that deserves government attention on every facet, on its match for economic prosperity and, for effective competition with other economies around the globe.

They further contended that there should be reduction in lending rates by banks to ensure that loans are made available to genuine businessmen and women who would like to invest in the sector. Similarly, there should be the granting of tax holidays to Nigerian manufacturer as an incentive to encourage export from Nigeria.


Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.