The Suame Magazine Spare Parts Dealers Association has expressed gratitude to the Vice President, Dr. Mahamudu Bawumia following his proposal of a flat rate duty on the importation of spare parts.

This was during a public lecture addressed by the 2024 flagbearer of the governing NPP at the University of Professional Studies in Accra.

In a statement released after the presentation by the Vice President, the traders said, “As a non-partisan organisation dedicated to advancing the spare parts dealership industry, we wholeheartedly embrace and endorse Dr. Bawumia's proposal.”

The envisaged flat rate duty holds the promise of a substantial reduction in the cost of spare parts, offering much-needed relief to commercial drivers who regularly factor these expenses into transport fares.

This reduction will, in turn, alleviate additional burdens on the commuting public, contributing to a more sustainable and affordable transportation system.

The Association said it is therefore committed to working closely with relevant stakeholders to ensure the seamless implementation of this beneficial 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 expresses gratitude to Dr. Mahamadu Bawumia for his foresight and dedication to the welfare of the spare parts sector, while eagerly anticipating the positive impact of this policy on the industry and the nation as a whole.