Senate Makes Case for Reduction of Import Duty on Papers - THISDAYLIVE

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Senate Makes Case for Reduction of Import Duty on Papers - THISDAYLIVE
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Senate Makes Case for Reduction of Import Duty on Papers

The Senate yesterday urged the Nigeria Customs Service to review duty on importation of published books and paper to make it more favourable to print locally in Nigeria than relying on imported printed materials.

Leading the debate on the motion entitled “The need to revive the moribund paper mills,” Senator Christopher Ekpenyong, urged the Chartered Institute of Professional Printers of Nigeria and Nigeria Customs Service to review duty on importation of published books and paper to make it more favourable to print locally in Nigeria than relying on imported printed materials.

In its resolutions, the senate said that it is worried by the recent statistics release by the Raw Material Research and Development Council , which showed that Nigeria lost over N800 billion annually to paper importation, while the Printers Association of Nigeria put the figure at $1 trillion annually through the importation of over one million metric tonmes of paper at the cost of $1,000 per tonne.

The statistics also showed that by the National Book Policy, five books are the requirement set per pupil, while over 75 per cent of these books are printed outside the country. Also, the Senate mandated the Nigeria Centre for Disease Control to investigate why a particular species of fish in the Bonny Island of Rivers State is being washed off the sea.

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