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MaritimeCustoms awaits new rules on cross-border trade under AfCFTA
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Customs awaits new rules on cross-border trade under AfCFTA

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Customs awaits new rules on cross-border trade under AfCFTA

 

 

By Fredrick Wright

 Three weeks after commencement of the African Continental Free Trade Area (AfCFTA), the Nigeria Customs Service (NCS), said it still awaits clear directives on tariff and goods covered under the new regime.

 

    Comptroller-General of Customs, Hameed Ali, in a statement Tuesday said the agency still await clear directives concerning tariffs for all goods covered by AfCFTA.

 

    Ali, in a statement signed by the Public Relations Officer,  Deputy Controller, Joseph Attah, said for the NCS  to perform its statutory functions efficiently under the new regime, it awaits National Action Committee (NAC) on the list of duties and charges waived for liberalized goods under AfCTA and the list of the 90 per cent liberalized National Trade Offers.

 

  It also awaits the list of 70 per cent non-liberalized exclusive goods at the regional level; the list of 3% non-liberalized sensitive goods; and the appointment of a competent Authority responsible for issuing and authenticating certificates of origin and registering enterprises and products within the region.

 

  He stated: “Sequel to the ratification of AfCFTA by member nations, the Nigeria Customs Service has found it pertinent to inform the public about steps which must be taken to enable it’s smooth and full implementation. Instead of proceeding in a chaotic manner, the Nigeria Customs Service as policy implementor understands the importance of spelling out the roles and responsibilities of all parties in this agreement and the conditions attendant on its implementation.

 

  “We wish to re-confirm our willingness and readiness to play our role as trade facilitators in this regard. However, we also wish to remind the public that our functions are highly automated and primarily systems driven. Hence the need to methodically harvest and integrate all data associated with AfCFTA into our system for easy deployment, access and use by the trading public,” he stated.

 

  Ali said NCS acknowledges the transformational impact this agreement portends for businesses within the continent in general and Nigeria in particular and are fully committed to its success.

 

    According to him, the service therefore, recommends that each member country should have a representative in the continental Chamber of Commerce to ensure transparency within the body thereby generating confidence in the system.

 

  This, he said should be complementary to the activities of the various Chambers of Commerce of each country in the region.

 

    “While awaiting clear directives concerning tariffs for all goods covered by this agreement, we want to assure the public of our preparedness to fully deploy our services at the shortest notice. Our desire is to imbue trust in the system while guaranteeing the economic safety and wellbeing of businesses within the country.

 

   ” We look with optimism to an era of complete economic integration which will lead to growth and prosperity for businesses within the region,” he stated. 

 

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Customs awaits new rules on cross-border trade under AfCFTA

 

 

By Fredrick Wright

 Three weeks after commencement of the African Continental Free Trade Area (AfCFTA), the Nigeria Customs Service (NCS), said it still awaits clear directives on tariff and goods covered under the new regime.

 

    Comptroller-General of Customs, Hameed Ali, in a statement Tuesday said the agency still await clear directives concerning tariffs for all goods covered by AfCFTA.

 

    Ali, in a statement signed by the Public Relations Officer,  Deputy Controller, Joseph Attah, said for the NCS  to perform its statutory functions efficiently under the new regime, it awaits National Action Committee (NAC) on the list of duties and charges waived for liberalized goods under AfCTA and the list of the 90 per cent liberalized National Trade Offers.

 

  It also awaits the list of 70 per cent non-liberalized exclusive goods at the regional level; the list of 3% non-liberalized sensitive goods; and the appointment of a competent Authority responsible for issuing and authenticating certificates of origin and registering enterprises and products within the region.

 

  He stated: “Sequel to the ratification of AfCFTA by member nations, the Nigeria Customs Service has found it pertinent to inform the public about steps which must be taken to enable it’s smooth and full implementation. Instead of proceeding in a chaotic manner, the Nigeria Customs Service as policy implementor understands the importance of spelling out the roles and responsibilities of all parties in this agreement and the conditions attendant on its implementation.

 

  “We wish to re-confirm our willingness and readiness to play our role as trade facilitators in this regard. However, we also wish to remind the public that our functions are highly automated and primarily systems driven. Hence the need to methodically harvest and integrate all data associated with AfCFTA into our system for easy deployment, access and use by the trading public,” he stated.

 

  Ali said NCS acknowledges the transformational impact this agreement portends for businesses within the continent in general and Nigeria in particular and are fully committed to its success.

 

    According to him, the service therefore, recommends that each member country should have a representative in the continental Chamber of Commerce to ensure transparency within the body thereby generating confidence in the system.

 

  This, he said should be complementary to the activities of the various Chambers of Commerce of each country in the region.

 

    “While awaiting clear directives concerning tariffs for all goods covered by this agreement, we want to assure the public of our preparedness to fully deploy our services at the shortest notice. Our desire is to imbue trust in the system while guaranteeing the economic safety and wellbeing of businesses within the country.

 

   ” We look with optimism to an era of complete economic integration which will lead to growth and prosperity for businesses within the region,” he stated. 

 

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Adebimpe Oyebade

Adebimpe Oyebade is a Nollywood star, who recently got married to a colleague, Lateef Adedimeji in a glamorous wedding.

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Your present circumstances don’t determine where you can go. They merely determine where you start.

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