{"id":31090,"date":"2021-06-10T04:27:15","date_gmt":"2021-06-10T03:27:15","guid":{"rendered":"https:\/\/thefreezonechannel.com\/?p=31090"},"modified":"2021-10-07T00:43:04","modified_gmt":"2021-10-07T00:43:04","slug":"anlca-flays-increase-in-custom-rates-for-cargo-clearing","status":"publish","type":"post","link":"https:\/\/thefreezonechannel.com\/old\/anlca-flays-increase-in-custom-rates-for-cargo-clearing\/","title":{"rendered":"ANLCA flays increase in custom rates for cargo clearing"},"content":{"rendered":"<p>The Association of Nigerian Licensed Customs Agent (ANLCA) says the increase of customs exchange rate for cargo clearance by the Central Bank of Nigeria\u2019s (CBN) is coming at a wrong time.<\/p>\n\n\n<p>Mr Ojo Akintoye, the Chairman of Tincan Island Chapter of ANLCA said in Lagos on Wednesday that there is an already tensed atmosphere in the nation, coupled with the rising insecurity and the increase in cargo clearance rate will put more pressure on the already tensed situation.<\/p>\n\n\n<p>CBN recently increased the exchange rate for cargo clearance from N381 to N404.97 per dollar.<\/p>\n\n\n<p>He added that it would also lead to a hike in prices of goods in the market.<\/p>\n\n\n<p>\u201cTo the best of my knowledge in cargo clearance, this increase will increase everything about cargo clearance in the country and in the long run, impact negatively on the prices of goods in the market.<\/p>\n\n\n<p>\u201cGovernment should understand that 30 per cent of cargo brought into the country are meant for commercial purpose and so the need to look inwards concerning the increase.<\/p>\n\n\n<p>\u201cWe are still experiencing economic set back from the COVID-19 impact and this increase will add more hardship to the society.<\/p>\n\n\n<p>\u201cThis is just not the right time for Government to go ahead and increase exchange rate for cargo clearance because presently, there is an increase&nbsp; in&nbsp; everything that Nigerians buy today,\u201d he said.<\/p>\n\n\n<p>Akintoye pointed out that 90 per cent of what was being used in the country was imported as the country did not produce anything, adding that there should be an alternative for what we do in the country.<\/p>\n\n\n<p>He urged government to go back to the previous rate, adding that if the economy stabilises, they could increase and people would understand and not agitate much.<\/p>\n<!--themify_builder_content-->\n<div id=\"themify_builder_content-31090\" data-postid=\"31090\" class=\"themify_builder_content themify_builder_content-31090 themify_builder tf_clear\">\n    <\/div>\n<!--\/themify_builder_content-->","protected":false},"excerpt":{"rendered":"<p>The Association of Nigerian Licensed Customs Agent (ANLCA) says the increase of customs exchange rate for cargo clearance by the Central Bank of Nigeria\u2019s (CBN) is coming at a wrong time. Mr Ojo Akintoye, the Chairman of Tincan Island Chapter of ANLCA said in Lagos on Wednesday that there is an already tensed atmosphere in [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1270,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[126],"tags":[778,588],"class_list":["post-31090","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trade-and-industry","tag-anlca","tag-cargo","has-post-title","has-post-date","has-post-category","has-post-tag","has-post-comment","has-post-author",""],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ANLCA flays increase in custom rates for cargo clearing - The Freezone Channel<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/thefreezonechannel.com\/old\/anlca-flays-increase-in-custom-rates-for-cargo-clearing\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ANLCA flays increase in custom rates for cargo clearing - The Freezone Channel\" \/>\n<meta property=\"og:description\" content=\"The Association of Nigerian Licensed Customs Agent (ANLCA) says the increase of customs exchange rate for cargo clearance by the Central Bank of Nigeria\u2019s (CBN) is coming at a wrong time. 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