Wednesday, April 14African Business News
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Tag: Academy Press Plc

Operators seek elimination of tariff on printing raw materials

Operators seek elimination of tariff on printing raw materials

Business
• As shareholders urge diversification to boost revenue To boost local production, operators in the printing industry have stressed the need for the government to remove tariffs on raw materials for printing. The Managing Director, Academy Press Plc. Olugbenga Ladipo, decried that the government imposed tariffs on local producers, while importers of finished products are not tasked with any obligation. Speaking in an interview with The Guardian at 56th virtual yearly general meeting of the Academy Press, Ladipo noted that the present tariff structure in Nigeria does not allow for a level-playing field between the local producers and the importers of finished products. According to him, with the devastating effect of COVID-19 pandemic, there is a need for the government to suppo...