News Formal

Customs, Finance Ministry Disagree Over Waiver For Agric Equipment

  • 📰 LeadershipNGA
  • ⏱ Reading Time:
  • 38 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 77%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

About 60 containers belonging to Josepdam Port Service, operator of terminal A, at the Tin Can Island Port complex have been trapped for three years over

disagreement between the Nigeria Customs Service and its supervisory ministry, Federal Ministry of Finance.

LEADERSHIP investigation has showed that the Ministry of Finance has granted Josepdam waiver on some agricultural equipment imported into the country, but Customs Service has refused to release the containers, thereby, accruing storage charges at other terminals and demurrage on the containers.

According to him, the Finance Ministry had asked the Customs to release the cargoes since they are agricultural items to be used for conveying Wheat, malt and other items into the silos. Kuteyi said, “they want us to pay duty on items that are already waived by the ministry of finance and I can tell you that the items are agricultural items, they are for conveying Wheat, malt and other items into the silos that we are about to install.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 4. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Reps to amend Finance Act to include levies on carbonated drinksThe proposed amendment to Finance Act followed a request by Nigerian Customs Service. We go die for una hand King Rehoboam? AwonEleriBu Hmmm
Source: PremiumTimesng - 🏆 3. / 78 Read more »