Journalism in the service of society

Customs resumes VIN implementation after stakeholders’ sensitisation

TO clearify the objectivity of the electronic valuation policy of imported vehicles into the country otherwise known as Vehicle Inspection Number (VIN), the Nigeria Customs Service (NCS, yesterday, held a one-day sensitisation programme with the clearing agents and other maritime stakeholders at the Apapa seaports in Lagos.

Organised at the Apapa Command conference hall, the event among other things, gave a clearer objective as to why the policy was being implemented.

According to the NCS, the new Vehicle Identification Number (VIN) valuation system will aid the valuation of vehicles coming into the country through the borders.

Prior to this sensitisation, the NCS had in a letter dated May 17, 2022, and signed by Ajibola Odusanya, Deputy Controller, Administration, Apapa Area Command on behalf of the Area Controller in charge of the Apapa Command, Yusuf Malanta hinted on plans to resume the policy implementation beginning from Friday, May 20.

“In line with the planned nationwide deployment of the VIN Valuation on Friday, 20 May 2022, and the need to continually enhance the platform for optimal performance and service delivery,” the read.

Recall that in January this year, the NCS introduced the VIN valuation system, but it was greeted with outright vehemence by clearing agents and other maritime stakeholders holders at seaports, especially in Lagos.

The policy has generated controversy since its introduction, leading to protests by stakeholders at the nation’s seaport under the ageis of Association of Nigerian Licensed Customs Agents (ANLCA) and National Association of Government Approved Freight Forwarders (NAGAFF),
development that forced the government to suspend its implementation in March following National Assembly intervention.

The agents again, earlier this month, kicked against the policy reintroduction, when the NCS tried to resume its implementation. They claimed that the policy came with a sharp increase in duty paid on imported vehicles

According to them, the values used were not accurately factor in annual depreciation as required for used vehicles.

Comments are closed.

Naija Times