The Founder, National Association of Government Approved Freight Forwarders (NAGAFF), Dr. Boniface Aniebonam has warned members of the association to stop using their personal or company names, other than importers’ names, to clear cargoes at the port.
The warning comes in the light of the impending establishment of a revenue recovery committee by the Nigeria Customs Service (NCS) aimed at addressing unutilised Pre-Arrival Assessment Report (PAAR) and lost revenue.
Aniebonam cautioned freight forwarders accustomed to using their personal companies for Form M registration and PAAR acquisition on behalf of their clients, noting that they will be held accountable by customs authorities.
“It is essential for all NAGAFF members to act promptly to avoid facing potential consequences once the committee commences its operations. We urge all NAGAFF members to discharge all pending transactions in the ports and halt inward bound cargoes registered under their personal companies. Doing so will help mitigate any adverse effects once the revenue recovery committee is fully operational,” he said.
“As the logistics industry prepares for the committee’s establishment, NAGAFF remains steadfast in its commitment to supporting its members in navigating this new regulatory landscape. With adequate preparation and proactive measures, freight forwarders can help uphold the integrity of the trade sector while ensuring the continued success of their businesses,” he added.