• Tue. Apr 23rd, 2024

VIN VALUATION: CGC Ali Approves One Month Window To Enable Clearing The Backlog Of Vehicles In The Ports

Sequel to recent Customs/Stakeholders town hall meeting held in Lagos on VIN-Valuation, the Comptroller General Customs having listened to public outcry, has graciously approved one (1) month window to enable clearing the backlog of vehicles held up in the ports as a result of strike action.

This was contained in a press statement signed by NCS National PRO DC Timi Bomodi to Hybrid News Nigeria.

Meanwhile, uniform application of rebates will be used for all vehicles using correct values for assessment during the exercise.

For the avoidance of doubt, the VIN-Valuation protocol is still in operation as reviews and updates are being captured in our systems to reflect the genuine concerns of stakeholders.

As a responsive and responsible agency, Nigeria Customs Service will sustain it’s consultations with stakeholders in line with Article 2 of WTO Trade Facilitation Agreement for a smoother Customs Stakeholders relationship.

Hyacinth Beluchukwu Nwafor

Hyacinth Beluchukwu Nwafor is a seasoned journalist and the CEO/Founder Belch Digital Communications, publishers of Hybrid News Nigeria.

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