• Contact Us
  • About Us
Saturday, June 28, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

BREAKING: Nigeria Customs suspends controversial vehicle duty policy

metro by metro
March 15, 2017
in News
0
0
SHARES
0
VIEWS

The Nigeria Customs Service has announced the suspension of its new policy on payment of import duties on vehicles.
Customs gave car owners one month to pay duties for their vehicles — for those who had not done so– vowing to prosecute defaulters.
The plan sparked controversy as many Nigerians complained about paying for cars that had already found their ways into the country.
The Customs Service initially defied a Senate demand the policy be put on hold, resulting in a standoff between both sides.
But a statement released Wednesday by Customs spokesperson, Joseph Attach, said the plan has been “put on hold” after a meeting between Customs and the leadership of the National Assembly.
Read the statement below:
MOTOR DUTY PAYMENT PUT ON HOLD
Following the unnecessary tension generated as a result of misconception and misrepresentation of the Nigeria Customs Service planned motor duty payment, the leadership of the National Assembly and the Comptroller-General of Customs, Col. Hameed Ali (Rtd) met with a view to resolving the impasse. They both agreed that the proposed motor duty payment, though in line with the provision of Customs and Excise Management Act (CEMA) Cap C.45, LFN 2004 should be put on hold while the Senate Committee on Customs & Excise interfaces with the NCS for further discussions.

2. While payment of duty on vehicles or indeed any dutiable imported item remains a civic responsibility of every patriotic Nigerian, NCS Management has directed that the exercise be put on hold while expressing readiness to engage the Senate Committee on further discussions to bring them on board to understand the importance of the exercise to national security and economy

Read Also

Trump Says Would Consider Bombing Iran Again, Drops Sanctions Relief Plan

N39bn Renovated Bola Tinubu Conference Centre Booked Till 2027-Wike

Opposition Coalition Faces Hurdle As Rival Group Applies To INEC With Same ADA

Previous Post

Buhari presides over FEC after seven weeks 

Next Post

Four suicide bombers kill two in northeast Nigeria’s Maiduguri

Related Posts

Trump
News

Trump Says Would Consider Bombing Iran Again, Drops Sanctions Relief Plan

June 28, 2025
N39bn Renovated Bola Tinubu Conference Centre Booked Till 2027-Wike
News

N39bn Renovated Bola Tinubu Conference Centre Booked Till 2027-Wike

June 26, 2025
Opposition Coalition Faces Hurdle As Rival Group Applies To INEC With Same ADA
News

Opposition Coalition Faces Hurdle As Rival Group Applies To INEC With Same ADA

June 26, 2025
Households Earning Less Than N250,000 Or Less Monthly Won’t Pay Tax-Oyedele
Breaking

Households Earning Less Than N250,000 Or Less Monthly Won’t Pay Tax-Oyedele

June 27, 2025
Next Post

Four suicide bombers kill two in northeast Nigeria's Maiduguri

Oil Steadies Near Lowest Since Early June As China Concerns Weigh

Oil Steadies After Report Of Planned OPEC+ August Output Hike

June 28, 2025
Trump

Trump Says Would Consider Bombing Iran Again, Drops Sanctions Relief Plan

June 28, 2025

Nigeria’s Addressable Market

June 28, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version