The government has no doubt woken up to their
responsibilities with the various steps that have been taken on the
banning and reduction in tariff of imported items.
As a result of the need to promote development in
certain sectors of the economy, the Federal Government has decided to
slash import duties on some important items. While some goods had their
import duties slashed, some had their tariffs increased.
Also, the importation of some items were banned.
This will allow local businesses to thrive and do well as the foreign
products which often compete with them have been banned.
This implies that local producers will have the
chance to expand their businesses as their sales will inspire others to
set up and start production.
In all fairness, there is nothing wrong with some
of our local products. They are far better than the imported goods sold
at high prices here. Sadly, some of these imported products are
expensive and their consumption pose a serious threat to the health of
people in the society.
Check out some of the goods on the list of banned items:
Comments
Post a Comment