Customs Duty Hikes: ANLCA President Emenike Urges FG to Think Outside the Box, Reverse FX Increases

…Says, FG Should stop punishing Nigerians Unnecessarily

By DAPO OLAWUNI

The Association of Nigerian Licensed Customs Agents (ANLCA) has called on Federal Government and the economic handlers to think outside the box in ensuring that the frequent increase in customs exchange rate is stopped.

National President of ANLCA, Emenike Nwokeoji in a press statement on Monday knocked the federal government over the recent increase in customs exchange rate from N1,356 per $1, to N1,431/$1 within 24 hours.

Apart from the untold hardships the recent increases has brought on Nigerians, Emenike said the FX increases has causes business uncertainties at the ports, thereby creating distrust and a loss of confidence between importers and customs brokers as two transacting entities.

“Those charged with the economic management of our God-given resources, ought to be thinking outside the box for solutions that does not frustrate the lives of the people, at least, not for this long.

“Our economy’s managers should come up fast with solutions to get us out of the present economic and social quagmire, before the bubble bursts. These recent increases in the exchange rate are affecting all aspects of our lives through high inflation.

“The government really needs to do something very fast, in order to lessen the burden of families and businesses. It’s daily becoming unbearable for the ordinary Nigerian to survive.

“NLC, MAN, NACCIMA, LCCI, and infact all the economy-related interest groups should join ANLCA to pressure the Federal government to back down on these increases that does not do anyone any good.

“We should tell the Federal Government in an unmistakable terms that they should stop punishing Nigerians for what the elites/cabals/economic saboteurs have deliberately unleashed on Nigerians over time” Emenike stated