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Federal Government wants goods coming into the country to have 30 per cent local input

Local News

Federal Government wants goods coming into the country to have 30 per cent local input

By magic

November 05, 2019

The Federal Government say goods coming into the country must have 30 per cent local input.

The government also stated that ECOWAS countries must respect rules of origin, vowing that Nigeria will no longer tolerate repackaging of imported goods.

These were some of the conditions handed down to ECOWAS countries clamoring the re-opening of the land borders which were shut over smuggling of rice, guns and other contrabands into Nigeria from the neighboring countries.

Minister of Foreign Affairs, Geoffrey Onyeama said this during the meeting of the Inter-Ministerial Committee on the Temporary Partial Closure of Land Borders held at the ministry.

He maintained that goods imported for the Nigerian market must be escorted directly from the port of member states directly to the borders.