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Customs Set To Reintroduce Electronic Valuation Policy

Emmanuel Onminyi by Emmanuel Onminyi
May 20, 2022
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Customs Policy Valuation
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The Nigeria Customs Service (NCS) has said it will re-introduce the suspended electronic valuation policy on Friday, May 20, 2022.

Also known as vehicle inspection number (VIN), the policy has generated controversy since its introduction this year.

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The disclosure was contained in a letter dated May 17, 2022, and signed by Ajibola Odusany, NCS’ deputy controller, administration, on behalf of Yusuf Malanta, area controller in charge of the Apapa Command of the service.

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According to the letter, there would be a sensitisation programme for stakeholders in the clearance chain in preparation for the redeployment.

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Eco Bank

The letter said

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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 sensitisation which is scheduled to take place on Thursday, May 19, 2022, at 11:00 am is to hold at the Apapa Command conference hall.

The Deputy Controller Administration, A Y. Odusanya, on behalf of the Customs Area Controller requested that clearing agents should send their representatives to attend, saying the session would benefit everyone and further clarify any question.

Maritime stakeholders and clearing agents associations had protested the deployment of the e-valuation policy and grounded activities at the ports.

The freight forwarders said the e-valuation system sharply increased duty paid on imported vehicles.

The objection forced NCS to suspend the implementation of the VIN policy, following the intervention of the House of Representatives.

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Tags: CustomsNigeriaPolicy Valuation

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