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Nigeria Customs in the eye of the storm

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ON Tuesday, the Senate Committee on Ethics and Privileges decried last week’s invasion of the popular Oja Oba market in Ibadan, the Oyo State capital, by officers and men of the Nigeria Customs Service (NCS), during which they allegedly carted away eight truckloads of rice and money found in the shops of the affected traders. It consequently handed down a two-week ultimatum to the Comptroller-General of the NCS, Hameed Ali, to return the seized goods to the affected traders, unlock their shops, and return the money taken from the shops. According to the lawmakers, the invasion was in breach of the Customs Act and the Executive Order signed by former President Olusegun Obasanjo in 2007, which empowers the agency to only impound smuggled goods within 40 kilometres radius to the border. They pointed out that a similar sting operation carried out by the NCS in Katsina State led to the dismissal of the officer who led the operation while the confiscated goods were returne ....

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Extend tariff reduction on cars, minivans, operators tell FG

Punch Newspapers
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Okechukwu Nnodim, Abuja
Published 15 March 2021
The Federal Government has been called upon to extend the reduction of duties and tariffs on cars and minivans that carry less than 10 persons.
Recently the government reduced the duties and tariffs on imported vehicles that carry more than 10 persons from 35 per cent to five per cent, a development that was greeted with commendations.
Reacting to the development, industry operators under the aegis of the Association of Motor Dealers of Nigeria lauded the initiative of government but stated that the reduction should be extended to cars and minivans.
They told journalists in Abuja that cars and minivans made up the bulk of vehicles used for intra-city and inter-city transportation. ....

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Auto dealers seek legislation to regulate vehicle importation

•Says Police lack database for stolen vehicles
Association of Motor Dealers of Nigeria (AMDON), has urged the National Assembly to urgently pass a bill to regulate importation of cars to curtail rising incidence of stolen vehicles in the country.
AMDON President, Ajibola Adedoyin, while signing a Memorandum of Understanding with Autochek, expressed displeasure that the police do not have a database of stolen vehicles.
As a body, AMDON has collaborated with the Nigerian Police, the Economic and Financial Crimes Commission (EFCC), and other relevant agencies to further drive growth and structure in the automotive industry.
Adedoyin said: “We have been on this issue of regulation over five to six years. We have been trying to get the National Assembly to do the needful. We believe that with pressure, the National Assembly will do the needful by regulating the importation of foreign cars. Our business needs to be regulated to the extent that whoever is not a regist ....

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'Vehicle prices to increase next year' – Punch Newspapers

Punch Newspapers
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Okechukwu Nnodim, Abuja
The prices of vehicles imported into Nigeria will increase significantly from next year once the Fuel Grade and Vehicle Emission Standards Regulations of the Economic Community of West African States is implemented, the Association of Motor Dealers of Nigeria has said.
AMDON said the plan of ECOWAS was to implement the regulation next year, which would restrict the importation of passenger vehicles of not more than five years old and heavy duty vehicles of not more than 10 years old into ECOWAS member states, including Nigeria.
President of the association, Ajibola Adedoyin, told journalists in Abuja that if the Federal Government allowed the implementation of the regulation in Nigeria, the cost of imported vehicles would definitely increase from next year. ....

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Vehicle dealers to Fed Govt: don't ratify ECOWAS emission standards

Vehicle dealers to Fed Govt: don't ratify ECOWAS emission standards
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