President Muhammadu Buhari has been urged by the House of Representatives to suspend the ban on importation of new and used cars through land borders.
The ban that was announced on December 5, 2016 by the Nigerian Customs Service (NCS) was due to take off from January 1, 2017.
The lawmakers however said the policy was too harsh as it is bound to pile more economic miseries on the majority of Nigerians that are already groaning under the prevailing economic recession.
The decision of the lawmakers followed the adoption of a motion by Abdulahi Salame (APC, Sokoto) who noted that the percentage of Nigerians who can afford cars has declined drastically following the decline in the value of naira, inflation, unemployment and high cost of living that has bedeviled Nigeria where over 80 percent of the population live below $200 a day.
Salame noted that, “With its powers under Section 18 of the Customs and Excise Management Act, the government can restrict the movement of goods into and out of Nigeria by land or inland waters and to appoint customs stations, but similar exercise of such powers on rice importation through the land borders in April 2016, has led to untold hardships on Nigerians as a bag of rice now sells for between N20, 000 and N23,000 as against N8,000 few months ago.
“We are also aware that the government has not put in place alternative measures to ensure that Nigerians will have access to cars since it is cheaper to buy cars from neighbouring countries and still generate revenue by ensuring that our borders are secured too.
The ban that was announced on December 5, 2016 by the Nigerian Customs Service (NCS) was due to take off from January 1, 2017.
The lawmakers however said the policy was too harsh as it is bound to pile more economic miseries on the majority of Nigerians that are already groaning under the prevailing economic recession.
The decision of the lawmakers followed the adoption of a motion by Abdulahi Salame (APC, Sokoto) who noted that the percentage of Nigerians who can afford cars has declined drastically following the decline in the value of naira, inflation, unemployment and high cost of living that has bedeviled Nigeria where over 80 percent of the population live below $200 a day.
Salame noted that, “With its powers under Section 18 of the Customs and Excise Management Act, the government can restrict the movement of goods into and out of Nigeria by land or inland waters and to appoint customs stations, but similar exercise of such powers on rice importation through the land borders in April 2016, has led to untold hardships on Nigerians as a bag of rice now sells for between N20, 000 and N23,000 as against N8,000 few months ago.
“We are also aware that the government has not put in place alternative measures to ensure that Nigerians will have access to cars since it is cheaper to buy cars from neighbouring countries and still generate revenue by ensuring that our borders are secured too.
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