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FG bans tokunbo motor parts

Category: Investors NewsBeat

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FG bans tokunbo motor parts

September 29, 2005/Source Vanguard



The Federal Executive Council rose yesterday from its meeting, placing a blanket ban on the importation of old motor spare parts popularly known as tokunboh motor parts.

Minister of Information and National Orientation, Mr Frank Nweke, jnr who announced the ban said the action which came into immediate effect was aimed at encouraging local manufacturers of motor
parts in the country.

The meeting presided by President Olusegun Obasanjo also approved a new tariff structure for imported goods, a structure said to have been prepared by the Tariff Technical Committee and adopted by the Manufacturers Association of Nigeria (MAN).

The Information Minister said the ban would encourage the resuscitation of the Machine Tools  Company, Osogbo as well as the establishment of National Metallurgical Agency to stimulate manufacturing of motor parts.

Government, he said, decided to ban the importation of tokunbo motor parts after studying and approving a draft white paper of the presidential committee on spare parts headed by Dr Ahmed Joda, current chairman of the Board of the Nigeria Communications Commission (NCC). Mr Nweke who briefed reporters with Minister of State for Finance, Mrs. Nenadi Usman, said  government was concerned about the absence of first class maintenance workshops for vehicles and the dangers posed by these old spare parts to the lives of Nigerians.

\"The ban is to encourage local production of motor parts. It\'s about protecting our local industries. It\'s about protecting our lives, encouraging people to be more productive and more creative. Even at that, there are so many parts manufactured here in our country,†he said, adding  that government was not unaware of the effects of the ban on  traders.

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