The House of Representatives Committee on Power has proposed a special levy on imported finished goods as a measure to reduce Nigeria’s dependence on foreign products and encourage local production.
The committee’s chairman, Victor Nwokolo, who represents Eka North East/Eka South Federal Constituency of Delta State, made this known on Monday during a facility tour of Metering Solutions and Manufacturing Services in Onna Local Government Area, Akwa Ibom State.
Speaking on the need to protect the local economy, Nwokolo expressed concern over Nigeria becoming a dumping ground for foreign goods due to excessive importation.
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