Business
LCCI Kicks Against Tariff Hike on Detergents, Noodles, Others
- LCCI Kicks Against Tariff Hike on Detergents, Noodles, Others
The Lagos Chamber of Commerce and Industry (LCCI) has kicked against the increase in tariff on essential items such as Detergent, Toilet Papers, Facial Tissue, Spaghetti and Noodles.
The Federal Government in June 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.
According to him, “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.”