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BUHARI: South East Manufacturers Seek Import Duty Waiver On Raw Materials - Politics - Nairaland

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BUHARI: South East Manufacturers Seek Import Duty Waiver On Raw Materials by Kosifavike: 2:56pm On Sep 24, 2020
Some foremost manufacturers in the South East have appealed to President Buhari, the Federal Government to grant their companies and other manufacturers in the zone waiver on import/custom duties of relevant raw materials and machines.

The manufacturers made the appeal when a delegation from the Federal Ministry of Industry, Trade and Investment on assessment of the level of development at the Enugu International Trade Fair visited their factories.

They added that the high cost of clearing and handling of imported raw materials remained one of the major challenges of manufacturing in Nigeria.

The General Manager, Innoson Technical Company Ltd Enugu, Mr C.O. Ubah and Chief Executive Officer, Rico Groups, Eric Chime, who spoke separately, said their appeal became imperative since importers that cut corners to import finished goods were now selling at a cheaper rate than the local manufacturers.
Ubah, who spoke during the visit to the Innoson Factory, said that plastic product companies in Nigeria were suffering due to the inability of the Eleme Petrochemical Company to meet the demand for its product which is the raw material for plastic product companies.

Continue to read....https://www.anaedoonline.ng/2020/09/24/buhari-south-east-manufacturers-seek-import-duty-waiver-on-raw-materials/

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Re: BUHARI: South East Manufacturers Seek Import Duty Waiver On Raw Materials by Brandstudio01: 2:58pm On Sep 24, 2020
Are these not the source of income the government at the top being talking about for years now?

What is really our problem?

You can't pay a deaf ear to opportunities when you claim you're broke. These are measures the government ought to have considered years ago to boost our productive level at all from


For once please we need brave minds in government come 2023. People whose words can match with their actions.

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Re: BUHARI: South East Manufacturers Seek Import Duty Waiver On Raw Materials by senderfac3: 3:00pm On Sep 24, 2020
That's the best way to go.
Re: BUHARI: South East Manufacturers Seek Import Duty Waiver On Raw Materials by Goodmarlian: 3:00pm On Sep 24, 2020
Manipulation upon manipulation ..the Southeast needs nothing from buhaari all we need is freedom from this shit hole. angry
Re: BUHARI: South East Manufacturers Seek Import Duty Waiver On Raw Materials by tamdun: 3:00pm On Sep 24, 2020
Source for ur materials locally
Re: BUHARI: South East Manufacturers Seek Import Duty Waiver On Raw Materials by Nobody: 3:28pm On Sep 24, 2020
tamdun:
Source for ur materials locally
Yes at a price far above international price ...while u allow importation of same goods produce locally

Nigeria is a funny country ... importing fabric is far more difficult than importing cloths

China import iron ore yet is the works largest producer of steel

Allow importation of raw materials ...tax importation of finished goods

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