{"id":163695,"date":"2022-03-18T10:39:18","date_gmt":"2022-03-18T09:39:18","guid":{"rendered":"https:\/\/www.withinnigeria.com\/news\/?p=163695"},"modified":"2022-03-18T10:39:18","modified_gmt":"2022-03-18T09:39:18","slug":"customs-seeks-engagement-of-local-operators-for-e-invoice-e-valuation-policy","status":"publish","type":"post","link":"https:\/\/www.withinnigeria.com\/news\/2022\/03\/18\/customs-seeks-engagement-of-local-operators-for-e-invoice-e-valuation-policy\/","title":{"rendered":"Customs seeks engagement of local operators for e-invoice, e-valuation policy"},"content":{"rendered":"<p>The Nigeria Customs Service (NCS) yesterday urged that local operators be engaged to carry out the new e-invoice and e-valuation policy for imports and exports in the country that the Central Bank of Nigeria (CBN) is planning to introduce.<\/p>\n<p>This was as stakeholders appeared before the House of Representatives Committees on Customs and Excise as well as Banking and Currency to address issues arising from the introduction of the new system by the CBN.<\/p>\n<p>Director, Trade and Exchange of the CBN, Dr Ozoemena Nnaji had said the new regulation is primarily aimed at achieving accurate value from import and export items in and out of Nigeria.<\/p>\n<p>The Customs had at the last meeting with the House Committees, kicked against the new policy, saying it usurped their functions and violated international trade laws.<\/p>\n<p>The agency was also against the policy because the <a href=\"https:\/\/www.withinnigeria.com\/news\/2022\/03\/18\/cbn-warns-against-companies-promising-easy-loans\/\" target=\"_blank\" rel=\"noopener\">CBN<\/a> did not carry out adequate sensitisation of the project, as well as carry stakeholders along in the process among other issues.<\/p>\n<p>But Assistant Comptroller-General of Customs, Galadima Saidu, said after a meeting with the CBN two days ago, they decided to give their support to the policy if it is home-grown as this would save money for the country among other benefits.<\/p>\n<p>Saidu, who spoke on behalf of the NCS, added that the CBN however disagreed with this as they had already engaged some service providers already.<\/p>\n<p>\u201cLet us look at it as a home issue. Every day we have graduates in Computer Science, no jobs. We should give them the opportunity. If the service providers can come in and give us capacity to do this thing for a period of six months, at least it is okay. CBN should tell us who is providing the service. Who have they engaged to provide this service? If they tell us they are Nigerians and they would employ Nigerians, fine and good, no one is against it,\u201d he said.<\/p>\n<p>Various other stakeholders including the Manufacturers Association of Nigeria (MAN), the Federation of Agricultural Commodities Association of Nigeria (FACAN) and the Association of Licensed Customs Agents (ANLCA), kicked against the new policy, saying it would be inimical to business.<\/p>\n<p>They also complained that relevant stakeholders were not carried along in the process to make inputs on how it can be beneficial to all.<\/p>\n<p>Chairman of the Committee on Customs, Hon Leke Abejide, urged the CBN to get all relevant stakeholders on the same page on the issue.<\/p>\n<p>He directed that whenever they have resolved all their differences, they should notify the committees for further action.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Nigeria Customs Service (NCS) yesterday urged that local operators be engaged to carry out the new e-invoice and e-valuation policy for imports and exports in the country that the Central Bank of Nigeria (CBN) is planning to introduce. This was as stakeholders appeared before the House of Representatives Committees on Customs and Excise as [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":68098,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_override_bookmark_settings":[],"jnews_override_counter":[],"footnotes":""},"categories":[2],"tags":[4219,28606,32862,32861],"class_list":["post-163695","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-national","tag-customs","tag-e-invoice","tag-e-valuation-policy","tag-engagement-of-local-operators"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.8 (Yoast SEO v27.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Customs seeks engagement of local operators for e-invoice, e-valuation policy<\/title>\n<meta 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