Home Local LCCI frowns at tariff hike on detergents, noodles, others
LCCI frowns at tariff hike on detergents, noodles, others

LCCI frowns at tariff hike on detergents, noodles, others

0
0

The Lagos Chamber of Commerce and Industry (LCCI) has frowned at increased tariff on essential items such as detergent, toilet papers, facial tissue, Spaghetti and Noodles.

The Federal Government recently commenced the enforcement of the approved amendment to the excise duty for alcoholic beverages, spirits and tobacco.  LCCI in a statement signed by its Director General Mr. Muda Yusuf, expressed worry over government’s move to extend the duty to cover several other basic items.

He said: “For instance, the Nigerian Customs Service (NCS) excise duty list on its website is inclusive of many basic and essential products such as soap and detergent; toilet papers, cleansing or facial tissue; and Spaghetti/Noodles. These are products consumed largely by ordinary Nigerians. Any imposition of excise duty on these products would further aggravate the poverty situation in the country and undermine the welfare of citizens.  Already poverty incidence is well over 60 per cent in the country.”

The Nation 

LEAVE YOUR COMMENT

Your email address will not be published. Required fields are marked *

eighteen − 17 =

StartUpper of the Year Challenge

WP2Social Auto Publish Powered By : XYZScripts.com
Language Options »