Author: Franklin Ocheneyi

ALLI Franklin Ocheneyi is a media professional and Communicator with over 10 years of experience in the print and digital news media He holds a B.Sc degree in Mass Communication from the Enugu State  University of Science and Technology (ESUT). Ocheneyi started his career in journalism with Vanguard Media Limited as a Business Correspondent and later rose to head the Industry unit of the paper. Ocheneyi is passionate about telling manufacturing and allied - industries stories in Nigeria and the African continent, via his specialised electronic paper- Industrial TimesNgr.com. Ocheneyi is a several-time winner of the MAN Reporter of The Year-Online Category.

“In a country where 129 million are living below the poverty line amid harsh economic conditions, importers will inevitably pass this new fee of 4% FOB costs on to consumers, further straining the budgets of millions of struggling households. And industries that import their raw materials whose duties are only 5%, the customs agency will now charge importers an extra 80% of the duty amount as administrative fees.” – Bukola Saraki, former Senate President.