The Nigeria Customs Service (NCS) has impounded 37 brand new exotic vehicles estimated at N1.3billion after bursting a smuggling ring.
Continue reading »Tag: Import Duty
CUSTOMS BREAK REVENUE RECORD, GENERATE N486BILLION IN SIX MONTHS
The Nigeria Customs Service has recorded a revenue figure of N486bn from January to June, as against the N385bn realised in the same period in 2016.
Continue reading »NIGERIA CUSTOMS RETURNS 11 TOYOTA HILUX VANS IMPOUNDED FROM SENATOR
The Nigeria Customs Service says it has released four Toyota Hilux pick up vans allegedly belonging to a senator after the payment of N19 million custom duties.
Continue reading »CUSTOMS INTERCEPT CONTRABAND VALUED AT N334M
The Federal Operations Unit (FOU) of the Nigeria Customs Service (NCS), Ikeja says it intercepted contraband with a Duty Paid Value (DPV) of N334 million between April 1 and June 12.
Continue reading »AUTO DEALERS SEEK REVIEW OF 70% DUTY ON IMPORTED VEHICLES
The Federal Government has been advised to re-view the automotive policy, which imposes 70 per cent levy on imported vehicles, pending the mass production of made-in-Nigeria vehicles.
Continue reading »NEW VEHICLE IMPORTS FALL BY 90 PER CENT
Only 350 new vehicles were imported by Nigerian auto firms in the first quarter of this year, which shows a drop of about 90 per cent over 3,500 recorded in the same period last year.
Continue reading »KADUNA CAR DEALERS SET CUSTOMS VEHICLE ABLAZE OVER IMPORT DUTY (PICTURES)
But for the timely intervention of the Kaduna State security outfit, code-named ‘Operation Yaki’, the state capital would have been thrown into another crisis as car dealers and Customs officials clashed on Thursday.
Continue reading »IMPORT DUTY: CUSTOM OFFICERS STORM BERGER-YARD AUTO MART
Men of the Federal Operations Unit, FOU Zone A, the anti-smuggling arm of the Nigeria Customs Service, NCS, have laid siege on the popular Berger-yard auto mart.
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