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| National President, ANLCA, OLayiwola Shittu |
Alhaji Olayiwola Shittu, National President of the
Association of Nigerian Licensed Customs Agents (ANLCA) has urged the Federal Government to make
importation of equipment duty free for automobile parts manufacturers.
Association of Nigerian Licensed Customs Agents (ANLCA) has urged the Federal Government to make
importation of equipment duty free for automobile parts manufacturers.
Shittu made the plea in an interview in Lagos.
He said by doing this government would encourage the
manufacturers to bring in their equipment, to create more jobs and to support
the local assembly plants.
manufacturers to bring in their equipment, to create more jobs and to support
the local assembly plants.
“Since it takes about 2,000 different parts to make a
vehicle, government should encourage manufacturers of those parts.
vehicle, government should encourage manufacturers of those parts.
“Rather than being sellers of imported parts, we should
be able to manufacture. And you see a lot of them are in Aba; they are in
Nnewi; they are in Onitsha.
be able to manufacture. And you see a lot of them are in Aba; they are in
Nnewi; they are in Onitsha.
“If you do a deliberate assistance to those people, let
them bring in the equipment for that manufacturing free of duty, as a matter of
encouragement.
them bring in the equipment for that manufacturing free of duty, as a matter of
encouragement.
“Just imagine what 2,000 parts multiplied by minimum of
three companies; multiplied by the number of people they will employ; that is a
large pool for the country,‘‘ he said.
three companies; multiplied by the number of people they will employ; that is a
large pool for the country,‘‘ he said.
Shittu said that the automobile companies would provide
jobs for many Nigerians considering the high demand for vehicles, adding that
this would be a boost to the economy.
jobs for many Nigerians considering the high demand for vehicles, adding that
this would be a boost to the economy.
He said if deliberate attention could be given to small
enterprises in the automobile sector, there would be emergence of `many
made-in-Nigeria‘ vehicles in the next five years.
enterprises in the automobile sector, there would be emergence of `many
made-in-Nigeria‘ vehicles in the next five years.
The ANLCA chieftain said that 70 per cent import duty on
vehicles would push the business of vehicle imports to neighbouring countries.
vehicles would push the business of vehicle imports to neighbouring countries.
