“Businesses Are Dying”: Peter Obi Warns Tinubu To Stop Ever-Increasing Customs Duties

“Businesses Are Dying”: Peter Obi Warns Tinubu To Stop Ever-Increasing Customs Duties – TheTalk.NG

• Peter Obi said the federal government should stop the arbitrary and ever-increasing customs duties
• The Labour Party presidential candidate lamented that businesses are dying and manufacturers are shutting down
• The former governor said the federal government cannot continue to target high customs revenues at the expense of the survival of local businesses

Peter Obi said the inconsistent economic policies of Tinubu’s administration is killing businesses
Photo credit: @PeterObi/@The_MayanaSource: Twitter

Customs exchange rate killing businesses

“I wish to urgently call on the Federal Government of Nigeria to end the inconsistency in duty charges as it is affecting the general business atmosphere in the country. The federal government should stop the arbitrary and ever-increasing customs duties.

“The government should also show consistency in its policies as this will help with economic forecasting and business planning. Businesses are dying and manufacturers are shutting down because of the poor and inconsistent economic policies of the government.”

CBN raises Customs dollar rate to clear goods

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