FG Displeased Over Poor Implementation Of Port Policies

The Federal Government has expressed concern over the poor implementation of its fiscal and trade policies particularly implementation of port policies with regards to cargo clearance.  Speaking at the inauguration of a Ministerial Committee on import clearance practices and implementation of fiscal policies, Dr. Bright Okogu, Director-General of Budget Office, said that so far, the objectives for instituting fiscal policies are not being realized.

“We want to assure all users of our ports that government will encourage practice that would in the long run, reverse the long standing sub-optimsing ulitisation  of the ports which continue to impact negatively on public revenue and normal trade. Government is aware of the diversion of businesses to neighboring ports and the crippling effects of smuggling due, in part, to the challenging clearance procedures in the ports. It is in our national interest to reverse the current situation of things at the ports with a view to significantly increasing the volume of trade passing through them,” Okogu said.




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