The government has no doubt woken up to their responsibilities with the various steps that have been taken on the banning and reduction in tariff of imported items.
As a result of the need to promote development in certain sectors of the economy, the Federal Government has decided to slash import duties on some important items. While some goods had their import duties slashed, some had their tariffs increased.
Also, the importation of some items were banned. This will allow local businesses to thrive and do well as the foreign products which often compete with them have been banned.
This implies that local producers will have the chance to expand their businesses as their sales will inspire others to set up and start production.
In all fairness, there is nothing wrong with some of our local products. They are far better than the imported goods sold at high prices here. Sadly, some of these imported products are expensive and their consumption pose a serious threat to the health of people in the society.
Check out some of the goods on the list of banned items:
1. Refined vegetable oil
2. Cocoa butter
3. Spaghetti/noodles
4. Fruit juice in retail packs
5. Bagged cement
6. Soaps and detergent
7. Mosquito repellent coils
8. Corrugated paper and paper boards
9. Telephone recharge cards and vouchers
10. Carpets and rugs
11. All types of footwear, bags and suitcases
12. Used motor vehicles above 15 years from year of manufacture.
13. Live or dead birds
14. Water
15. Liquid dietary supplements
16. Pain relief pills like paracetamol tablets and syrup
17. Chloroquine tablets and syrup
The items of this list are basic goods that Nigerians use. The
government's decision to ban the importation of these items will force graduates and unemployed youths to join some vocational training programs that will help them acquire the skills needed to render services to millions of people who need it.
As a result of the need to promote development in certain sectors of the economy, the Federal Government has decided to slash import duties on some important items. While some goods had their import duties slashed, some had their tariffs increased.
Also, the importation of some items were banned. This will allow local businesses to thrive and do well as the foreign products which often compete with them have been banned.
This implies that local producers will have the chance to expand their businesses as their sales will inspire others to set up and start production.
In all fairness, there is nothing wrong with some of our local products. They are far better than the imported goods sold at high prices here. Sadly, some of these imported products are expensive and their consumption pose a serious threat to the health of people in the society.
Check out some of the goods on the list of banned items:
1. Refined vegetable oil
2. Cocoa butter
3. Spaghetti/noodles
4. Fruit juice in retail packs
5. Bagged cement
6. Soaps and detergent
7. Mosquito repellent coils
8. Corrugated paper and paper boards
9. Telephone recharge cards and vouchers
10. Carpets and rugs
11. All types of footwear, bags and suitcases
12. Used motor vehicles above 15 years from year of manufacture.
13. Live or dead birds
14. Water
15. Liquid dietary supplements
16. Pain relief pills like paracetamol tablets and syrup
17. Chloroquine tablets and syrup
The items of this list are basic goods that Nigerians use. The
government's decision to ban the importation of these items will force graduates and unemployed youths to join some vocational training programs that will help them acquire the skills needed to render services to millions of people who need it.
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