Categories: Business

CBN encouraging importers to make false declarations of cargoes — ANLCA

Published by

The Association of Nigerian Licensed Customs Agents (ANLCA) has accused the Central Bank of Nigeria (CBN) of encouraging importers to make false declarations during cargo examination with the Nigeria Customs Service (NCS).

Speaking to Nigerian Tribune in his office in Lagos, the National Vice President of ANLCA, Dr. Kayode Farinto explained that policies implemented at the ports by the CBN force cargo owners to make false declarations during customs examination of cargoes.

According to the ANLCA Deputy President, “Recently, when we went to the House of Representative, we told the lawmakers that there is need to invite the CBN and the Minister of Finance over issues bothering on importation of cargoes.

“If you look at what is happening at the ports, how can 69 commodities be placed on forex prohibition list by the CBN? Many importers do not want to make false declarations, but because they cannot open Form M for a commodity that is not on prohibition, they are forced to make false declarations. For importers to open Form M for such commodities, they will have to call the cargo another name, which is the beginning of false declaration.

“The lawmakers have promised us that they are still going to invite us back to the House where we will face the CBN and the Ministry of Finance. Let them come and tell Nigerians why this has to be so. We have fiscal policies and monetary policies. Why is the CBN dabbling into fiscal policies? The CBN should focus on monetary policy which is its core responsibility.

“Imagine, if I want to bring in textile as imports, I cannot open Form M despite the fact that I am sourcing money from the black market, not the CBN.”

On the expected deployment of scanners at the ports, the ANLCA Vice President warned the Nigeria Customs Service (NCS) not to make scanning of cargoes at the seaport cumbersome like 100 per cent physical examination

“Now that we have scanning machines everywhere in the port, then we should reduce procedures of clearance at the ports. Once you make your declaration, make payment and it selectivity takes you to scanning and your cargo is scanned with no discrepancies, you should be allowed to exit the ports with your consignment.

“It is not a situation that it will be job for the boys, I have to mention it because before you know it, you will see that scanning procedures will become cumbersome like 100 per cent examination,” he warned.

Explaining what he meant by “job for the boys”, Farinto said, “my fear is that after conducting examination and there is image analysis, whether there is discrepancies or not, you will see Customs dispatching your image analysis to DC scanning, DC scanning will dispatch to AC scanning, AC Scanning will dispatch to the officer at scanning site in a bid to ensure human contact with the clearing agents. Of what use is scanning if it will look like running 100 per cent cargo examination?” he asked.

YOU SHOULD NOT MISS THESE HEADLINES FROM NIGERIAN TRIBUNE

We Have Not Had Water Supply In Months ― Abeokuta Residents

In spite of the huge investment in the water sector by the government and international organisations, water scarcity has grown to become a perennial nightmare for residents of Abeokuta, the Ogun State capital. This report x-rays the lives and experiences of residents in getting clean, potable and affordable water amidst the surge of COVID-19 cases in the state.

Recent Posts

MACBAN decries member’s death, activities of rustlers in Benue

"We received such reports that the police is investigating the matter. I urge the MACBAN…

8 minutes ago

Nnamdi Kanu is a prisoner of conscience — IPOB

The continued persecution of our Leader is not only a gross violation of his fundamental…

23 minutes ago

Ondo: Don’t abandon your predecessor’s projects, PDP tells Aiyedatiwa

"Available facts showed that Governor Lucky Aiyedatiwa was not ready to go on with the…

29 minutes ago

NDLEA intercepts iIlicit drug consignment packaged as green tea at Lagos airport

The Loud consignment weighing 62.20kg was concealed inside wraps of green tea that came from…

42 minutes ago

Alaafin of Oyo charges women entrepreneurs on economic growth

"There is need for active participation of women in government at all levels to grow…

58 minutes ago

2027: Review appointment of alleged APC members as INEC officials, SERAP urges Tinubu

Appointing individuals perceived to be partisan as RECs sends the wrong signal to Nigerians and…

1 hour ago