The Lagos State Government has been requested by the Manufacturers Association of Nigeria’s Apapa Branch to assist its members by resolving logistical and infrastructure-related challenges.
At the association’s business luncheon in Lagos on Tuesday, the chairman of the MAN, Apapa Branch, Frank Onyebu, made the request.
“Facilitating Ease of Clearing Inputs for Manufactured Goods under AfCFTA” was the event’s subject.
Onyebu stated that the group would keep the Lagos State Government informed about the difficulties that the state’s manufacturers face.
In particular, he asked the state government to assist firms in the state’s Apapa, Amuwo Odofin, and Kirikiri regions regarding infrastructure development.
We seem to have forgotten. “There are no roads leading to our factories,” he declared.
Cyprian Orakpo, the managing director of Transerve Disc Technologies Ltd., requested the state government to address double taxation by non-state entities as well.
Orakpo also called on the Nigerian Customs Service to help producers overcome bottlenecks, notably the wait of at least two weeks before items were evaluated.
The Nigeria Customs Service, on its part, urged producers to abide by origin regulations when profiling to facilitate the clearance of inputs for products and services.
The Nigeria Customs Service has put policies in place to make the country’s participation in the African Continental Free Trade Area easier, according to Comptroller Auwal Mohammed, Customs Area Controller, Apapa Command.
According to Mohammed, one need for producers’ goods and services to receive preferential treatment under the AfCFTA is conformity with the norms of origin.
AfCFTA implementation, according to Commissioner for Commerce, Industry and Cooperatives Lola Akande, has the potential to boost intra-African trade and foster the growth of regional, national, and local value chains.
By 2030, corporate and consumer expenditure would total up to 6.7 billion dollars, she said, opening up new business dynamics that provide investors access to a market of 1.7 billion people.