Breaking: Nigeria Customs, Benin Republic enter bilateral agreement

Breaking: Nigeria Customs, Benin Republic enter bilateral agreement

- Nigerian Customs Service has entered into bilateral connectivity agreement with Benin Republic

- The agreement is meant to eradicate smuggling, wrong declaration of cargo and other anti-economic vices

- Report has it that the agreement is also aimed at facilitating trade between both countries

The Nigeria Customs Service and its counterpart in Benin Republic, have entered into a bilateral connectivity agreement to eradicate smuggling, wrong declaration of cargo and other anti-economic vices, The Nation reports.

Legit.ng gathered that the agreement was reached on Tuesday, June 11, at the Nigeria Customs/ Benin Republic stakeholders meeting on connectivity, presently ongoing inside the ECOWAS building, Seme border.

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It was learnt that the agreement is aimed at facilitating trade between both countries and that it would be signed at a later date this month by both countries.

Meanwhile, Legit.ng had previously reported that the Nigeria Customs Service provided a long list of items/goods that were prohibited from being imported to the country.

It was reported that the ban, among other factors, was put in place to control imports and also protect locally produced goods from unhealthy competition with foreign products.

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It has, however, been criticised by some economic experts who believe the list of banned items is too long.

Some of the prohibited or restricted imports, updated last November 29, 2018, include live or dead birds including frozen poultry, pork, beef, bird’s eggs, excluding hatching eggs, refined vegetable oils and fats (includes mayonnaise), cane or beet sugar and chemically pure sucrose, in solid form in retail packs and other items.

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Source: Legit

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