ANCLA ELECTION: Farinto Re-Echoes Establishment Of Customs Brokers Institution

Frontline presidential candidate ,  Association of Nigerian Licensed Customs Agents (ANLCA), Dr. Kayode Farinto has reemphasized the need for the establishment of a customs brokerage institution to promote professionalism in freight forwarding practice in the nation’s maritime Industry.

Farinto also known as KAYFAR disclosed this during his team campaign to ANLCA Apapa Port Chapter on Tuesday in Lagos.

The former Vice President who spoke with the well attended crowd at the  nation’s premier port gate , Lagos Port Complex (LPC) assured that  many wrongs done to the Customs Brokers in the past will be corrected under his watch if elected into office to lead.

Farinto also said that his administration will ensure that the Customs Broker Institute Bill is passed by the National Assembly because according to him, customs brokerage is a distinct profession that should be an integral part  of the Council for the Regulation of Freight Forwarding in Nigeria (CRFFN).

He said that year in, year out the Nigeria Customs Service declare huge revenues for which government gives them percentage while the revenue is actually generated by the Customs Broker while the Nigeria Customs Service midwifes the collection of the revenue.

The former National Publicity Secretary NPS, said his administration will collaborate with the government, stressing the need for freight forwarders to  be given 1% return to further encourage revenue collection of customs.

According to him, if the the institution who midwifes the collection of the revenue is given a percentage, the one who generates it also deserves to be given a percentage.

“Under his watch, making that a reality will be pushed to the National Assembly with fact and data of over seven years of revenue, to show that if the Customs Broker is given a percentage of the revenue he generated in 2022, he will generate more in 2023.

“No Customs Broker will allow any importer to cheat the government if he paid a percentage of what he collects at the end of the year,” Farinto said.

He said government will continue to collect huge  revenue if they encourage customs agents but stress the need  for practitioners to have sanity.

“First on the agenda is that since the Exchange Rate is now going to be determined by the market forces, government will have to remove the 15 per cent Import Adjustment Levy of imported vehicles to cushion the effects of the spiraling exchange rate on importers and their agents.

“The second point is ending the wrong calculation of Value Added Tax (VAT). The VAT being a Consumption Tax means that if you are importing a container load of phone, the VAT will charged on the Free on Board (FoB) value. But this is not how they are calculating it; somebody needs to tell them that they are over-charging us,” Farinto said.

He further stated that contrary to what is obtainable in other climes, foreigners come to Nigeria and the take over the clearing jobs meant for Nigerians. Those foreign companies like CCECC enters our ports to do clearing jobs, that why today no singular Nigeria is doing any Project Job, the foreigner have taken them over. They produce the good, import it clear and warehouse. That practice cannot continue under my watch.

 

By Roland Ekama