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| Mrs. Kemi Adeosun |
When
this takes effect, it becomes mandatory for both import and export goods to be
palletinised in containers as done globally. The Minister of Finance, Mrs. Kemi Adeosun, disclosed this at a
sensitisation workshop on the 2017 Revised Import and Export Guidelines in
Lagos. She explained that the date was fixed after due consultations with
relevant stakeholders, and assured that imports already prepared for shipment
into the country were not affected.
The
Minister, who was represented by the Director, Home Finance, in the Ministry, Mrs. Olubunmi Siyanbola, said the
Federal Government has considered all concerns expressed by the trading public
regarding the palletisation policy. She explained that the review of the
Nigerian Export and Import Guidelines was motivated by the desire of the
present administration to deepen the ease of doing business in Nigeria, in line
with the Executive Order 1.
Adeosun
said attention has been focused principally on measures to ensure drastic
reduction in the time spent on processing of exports, to ensure 24 hours
clearance of imported cargoes, and block leakages of revenue accruable to the
Government. The Minister said Nigeria has moved to the 145th position out of
the 190 countries in the World Bank’s ease of Doing Business Index for 2018,
adding that Government has adopted a number of measures to improve trading
across the country’s border.
The
measures include reduction of documentation requirements from ten to seven days
for exports; and from 14 to eight days for imports, while additional
responsibilities have also been given to the Nigeria Customs Service, and
Nigeria Ports Authority, and sanctions have been introduced to enforce compliance.
Adeosun described the Sensitisation Workshop as, “an
auspicious start to interaction with trading public and is tailored to
enlighten the relevant stakeholders on the major provisions of the 2017 revised
Import and Export Guidelines.”
Speaking
earlier, the Permanent Secretary, Ministry of Finance, Dr. Mahmoud Isa-Dutse, noted that until the recent review, the
Export and Import Guidelines had become obsolete, and had constituted a huge
administrative impediment to smooth export and import operations in Nigeria. He
said the Export Guidelines came into effect in 2007, while the Import
Guidelines had been in existence since 2013.
Dr. Isa-Dutse,
who was represented by the Director of Information in the Ministry, Salisu Na’inna Dambatta, expressed
optimism that the revised guidelines will eliminate the bottlenecks that have
militated against efficient conduct of trade across the country’s borders,
which had contributed to the declining ranking of the country in this regard.
The
one-day workshop featured the presentation of papers, panel discussions, and
questions and answers session, and a communiqué was issued at the end of the
workshop. (GUARDIAN)
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