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<p>A seasoned economic expert, Musa Audu-Abubakar, has raised the alarm over the alleged illegalities taking place at the Nigerian Export Processing Zone in Kano, costing the Federal Government billions of naira in revenue.</p><div class="kGeE8Npg" style="clear:both;float:left;width:100%;margin:0 0 20px 0;"><script async src="https://pagead2.googlesyndication.com/pagead/js/adsbygoogle.js"></script>

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<p>Mr Audu-Abubakar, who raised the alarm while speaking with select newsmen on Tuesday in Kano, lamented that at a time when the country is battling with economic instability, finished goods are being diverted to the Nigerian Export Processing Zone for clearance.</p>
<p>According to the expert, the alleged illegality is taking place under the watch of some unpatriotic Customs officers.</p>
<p>He said: &#8220;Some businessmen are in the habit of diverting finished products to Nigerian Export Processing Zone Authority because they pay as little as 30% of the customs duty while the government lose billions of revenue.</p>
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<p>&#8220;They pay as little as 30% of customs duty payable at the Kano Free Trade Zone, while they don&#8217;t pay sometimes because they settle the customs officers on duty.</p>
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<p>&#8220;This is affecting the economy. The government is losing billions of naira until the needful is done,&#8221; he lamented.</p>
<p>Mr Audu-Abubakar explained that the Nigerian Export Processing Zone Authority/Kano Free Trade Zone, which is located at the Fanisau Area of Ungogo Local Government in Kano is solely responsible for clearing raw materials, not finished products.</p>
<p>&#8220;Taking finished products to the agency for clearance is illegal and against the law,&#8221; the expert emphasized.</p>
<p>&#8220;The last time I visited the Nigerian Export Processing Zone Authority, I saw that not less than 10 containers of finished products were being cleared in the evening. The question is what brought finished goods to the Nigerian Export Processing Zone?,&#8221; he quizzed.</p>
<p>Mr Audu-Abubakar, therefore, called on the federal government to deploy its enforcement mechanisms with a view to ensuring that all finished goods go through the appropriate channels.</p>
<p>&#8220;The federal government needs to act fast and enforce regulations so that anyone found guilty of sabotaging the effort of the government in generating deserved revenue,&#8221; he added.</p>
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