By Ajogwu Jerry
The Chairman, Senate Committee on Customs, Excise and Tariffs, Sen. Hope Uzodinma, has urged Federal Government to review its Automotive Policy to reduce irregularities by vehicle manufacturers in the country.
The lawmaker made the call yesterday when he visited Kewalram Chanrai Group Automobiles in Lagos .
Uzodinma opined that review of the policy would enhance the industry’s contribution to the national economy, especially in transportation of people and goods.
He said that the visit was part of the committee’s investigation of activities of automobile firms to find out whether the policy was implemented or not.
He explained that the essence of the policy was to subsidise production activities in Nigeria to encourage local manufacturing of products.
“Suddenly, people are taking advantage of that good intention of government and have abused the policy,” he said.
He decried that the automobile company was more of “an empty warehouse” rather than an assembly plant.
“They are bringing these goods as either Semi-Knocked Down (SKD) or Completely-Knocked Down (CKD).
“The little revenue that government would have collected through Customs is lost by these practices,” he maintained.