Customs warns against goods devaluation
Comptroller of Area 2 Command of the Nigeria Customs Service, Onne, Port Harcourt, Alhaji Muhammed Magaji, has warned licensed clearing and forwarding agents doing business with Customs to desist from devaluing imported goods and ensure total compliance in their declarations.
Magaji, who spoke at a stakeholders’ forum at Onne, Rivers State, said the warning was necessary in view of the fact that most agents are in the habit of under-declaring their goods.
He said the command was given a revenue target of N120 billion for this year, stressing that such a huge sum could only be realised if agents and importers do not devalue goods.
“The federal government has given the Nigeria Customs Service a target of N1.2 trillion for the year 2014 and Onne port command was given a target of about N120 billion.
We can only meet the target through cooperation.
The invention of Pre-Arrival Assessment Report (PAAR) which replaced the Risk Assessment Report has gone a long way in facilitating trade.
The PAAR has also reduced physical interaction among Customs officials, importers and their agents, as most of the deals are carried out online in the comfort of their offices and homes.
The Service has also come up with a trade hub, which allows stakeholders in the importation business access information. It also guides them on the rules and regulations of import tariffs and other requirements,” he said.