Why seized car auctions are not frequent - Customs
Key highlights: Customs reveals it follows a standard operating procedure for auctioning of vehicles and other intercepted items. They added
Stay updated with breaking news from External Tariff. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Key highlights: Customs reveals it follows a standard operating procedure for auctioning of vehicles and other intercepted items. They added
The value of used vehicles imported into Nigeria decreased by 47 percent in 2022 to N325.05 billion from N617.48 billion in 2021, according to data from
The value of imported used vehicles in Nigeria dropped sharply in 2022, primarily due to increased import duty as shipping companies downsized their vessels.
Mathuki attributed the increase in intra-regional trade to political goodwill among the members.
This country’s Customs and Excise Department has introduced the latest version of the Harmonised Commodity and Coding System- HS 2022, of the CARICOM Common External Tariff (CET).