SOUTH-EAST AMALGAMATED MARKETS TRADERS ASSOCIATION, REJECT HIKE IN CUSTOMS IMPORT DUTY

Igbo traders have rejected the recent increase in the import duty on cargoes charged by Nigeria Customs Service. This was revealed by South-East Amalgamated Markets Traders Association, SEAMATA on Monday, rejecting the recent increase in the import duty on cargoes charged by Nigeria Customs Service.

SEAMATA is the umbrella union of traders in all the markets in the South-East geopolitical zone and traders of South-East extraction across the states in the federation and in the diaspora. The group expressed anger that the development is not only bringing untold hardships to importers but also compounding the pains of the citizens as the Nigerian Customs estimated invoice value is always far above the actual cost of the imports.”