The Suame Magazine Replacement Parts Dealers Association has expressed gratitude to Vice President Dr. Mahamudu Bawumia for his offer of a flat rate fee on the importation of replacement parts.
This happened at a public speech delivered by the NPP’s 2024 flagbearer at the University of Professional Studies in Accra.
After the Vice President’s speech, the merchants released a statement saying, “As a non-partisan organization dedicated to advancing the spare parts dealership industry, we wholeheartedly embrace and endorse Dr. Bawumia’s proposal.”
The proposed flat rate tariff is expected to significantly lower spare part costs, providing much-needed relief to commercial drivers who frequently include these costs in transportation fares.
The public’s commuter load will be lessened as a result of this reduction, making the transportation system more economical and sustainable.
Accordingly, the Association stated that it is dedicated to collaborating closely with pertinent parties to guarantee the smooth execution of this advantageous duty structure.
“We call upon all members of the Suame Magazine Spare Parts Dealers Association to unite in support of the introduction of the flat rate duty on spare parts imports. Through collective support for this initiative, we can actively contribute to the growth and prosperity of the spare parts dealership industry, fostering positive developments in the broader economic landscape,” parts of the statement read.
The Association also thanks Dr. Mahamadu Bawumia for his vision and commitment to the industry’s well-being, and it looks forward to this policy’s beneficial effects on the industry and the country at large.
