• Contact Us
  • About Us
Wednesday, June 18, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

LCCI tasks FG on timely cargo clearance, reduction in business cost

metro by metro
April 10, 2019
in News
0
0
SHARES
0
VIEWS

Lagos Chamber of Commerce and IndustryThe Lagos Chamber of Commerce and Industry (LCCI) on Wednesday decried alleged involvement of several units of the Nigeria Customs Service in cargo interception and clearance processes at Lagos ports, urging Federal Government’s urgent  intervention.

In a communiqué it issued  in Lagos, LCCI said that the trend was creating problems for importers and investors.

Read Also

Kayode Akinyemi Loses Mother

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

“The LCCI seeks the urgent intervention of the Federal Government to stop the disruption that the numerous customs units are creating for importers within and outside the ports.

“This practice is a negation of the ease of doing business agenda of the government; it is hurting investors.

“Delays lead to huge demurrage paid by importers to shipping companies and terminal operators, and also affect the production cycle of manufacturers with implications for cost escalation,” the chamber said in the communique signed by its Director-General, Mr Muda Yusuf, and President, Mr Babatunde Ruwase.

The LCCI issued the communique at the end of the  bimonthly meeting its council.

The chamber also expressed concern over the role of maritime police in the clearance of cargo in Lagos ports.

“There are reports of frequent obstruction of release of cargo by maritime police, even when the release has been duly authorised by statutory agencies charged with the responsibility of cargo examination.

“The LCCI calls on the inspector-general of police to urgently intervene to redress the situation in the interest of the Nigerian economy,” it said.

It added that the chamber had received complaints of undue delay in the issuance of Pre-Arrival Assessment Report (PAAR) to importers.

“The delays create a bottleneck which makes the PAAR administration process vulnerable to corrupt practices.

“The LCCI, therefore, calls on the comptroller-general of the Nigeria Customs Service to investigate incessant delays in the release of PAAR and the associated transparency issues,” it said.

It  also urged the government to address  the perennial  gridlock on the Apapa area of Lagos which, it said, was negatively affecting the economy of Lagos State and the entire Nigeria.

The LCCI equally expressed concern over increase in the rate of building collapse across the country, and called for a thorough investigation into it as well as sanction for anyone found culpable.

It urged governments to pay more attention to the approval processes for building construction and quality of personnel and building materials.

The LCCI said that governments should  ensure that only professionals would be involved in building.

It also urged reduction  in the cost of building materials through tariff review.

The LCCI called on the Federal Government to ensure macro-economic stability and effectively tackle security challenges in some parts of the country.

It added that the government should scale up commitment to the Ease of Doing Business and reduce business operating costs and governance cost.

The chamber urged the government to prioritise reform in the oil and gas sector through the passage of the Petroleum Industry Bill, adding that the government should fix power and prioritise  infrastructure development.

Tags: LCCI
Previous Post

Alleged N29m fraud: Court adjourns Nyako’s case until May 13

Next Post

Alleged N400m fraud: Absence of Metuh’s counsel stalls proceedings

Related Posts

Kayode Akinyemi Loses Mother
News

Kayode Akinyemi Loses Mother

June 16, 2025
Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 
News

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

June 12, 2025
Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General
News

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

June 12, 2025
Trump
News

Protests Spread Across US Despite Trump’s Threats

June 12, 2025
Next Post

Alleged N400m fraud: Absence of Metuh’s counsel stalls proceedings

Zenith Bank

Zenith Says Dividend Freeze, Temporary, Exits CBN Forbearance Arrangements By End Of June, 2025

June 18, 2025

Angola to Host ATIDI’s 25th Annual General Meeting as Africa’s Multilateral Insurer Marks 25 years of Impact

June 18, 2025
CBN

CBN’s Forbearance Policy, CRR, LRR May Threaten Banks’ Lending, Proposed $1tn Economy

June 18, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version