Payment of Practitioners
Operating Fee (POF) by licensed customs agents has become mandatory for cargo
to be cleared at the nation’s ports, the Federal Government declared on Tuesday
in Lagos.
Operating Fee (POF) by licensed customs agents has become mandatory for cargo
to be cleared at the nation’s ports, the Federal Government declared on Tuesday
in Lagos.
Registrar of the Council for the
Regulation of Freight Forwarding in Nigeria (CRFFN), Mr. Sam Nwakohu, disclosed
this at a stakeholders’ meeting where he also made known that approval for the
collection had been granted by the Federal Ministry of Finance.
Regulation of Freight Forwarding in Nigeria (CRFFN), Mr. Sam Nwakohu, disclosed
this at a stakeholders’ meeting where he also made known that approval for the
collection had been granted by the Federal Ministry of Finance.
According to the Registrar, plans
are already on to digitalize the payment of the POF before the end of the year.
are already on to digitalize the payment of the POF before the end of the year.
Nwakohu told the gathering that
the initiative to ensure POF payment would be of benefit for all parties as it
would support capacity building for effective participation of the freight
forwarders in the African Continental Free Trade Area (AfCFTA) agreement regime.
the initiative to ensure POF payment would be of benefit for all parties as it
would support capacity building for effective participation of the freight
forwarders in the African Continental Free Trade Area (AfCFTA) agreement regime.
Urging the freight forwarders on
compliance, the Registrar said the action had become necessary to encourage global
competitiveness among practitioners, even as he charged them on conformity to
rules and regulation of practice.
compliance, the Registrar said the action had become necessary to encourage global
competitiveness among practitioners, even as he charged them on conformity to
rules and regulation of practice.
He said: “In the months to come,
we shall be spending a great deal of our time on how to complete on the global
platform. It, therefore, becomes imperative that we must raise a financial
capital to the fund and face the battle and the practitioner’s operating fee,
POF, is our first point of take-off.
we shall be spending a great deal of our time on how to complete on the global
platform. It, therefore, becomes imperative that we must raise a financial
capital to the fund and face the battle and the practitioner’s operating fee,
POF, is our first point of take-off.
“The POF regime is a win-win for
the government and the practitioners with the promise of organised collective
action against numerous threats including foreign intrusion and dominance, near
absence of local content participation in oil and gas services including the
need to build real capacity for effective participation in new African
Continental Free Trade Area (AfCFTA) regime.”
the government and the practitioners with the promise of organised collective
action against numerous threats including foreign intrusion and dominance, near
absence of local content participation in oil and gas services including the
need to build real capacity for effective participation in new African
Continental Free Trade Area (AfCFTA) regime.”
