Connect with us

Customs

Freight Forwarders applaud Customs over new VIN valuation

—- as reworked policy comes on stream Friday
Eyewitness reporter
In a rare show of satisfaction and mutual agreement, the highly critical freight forwarders have applauded the Nigeria Customs Service over the new Vehicles Identification Number (VIN) valuation policy.
The new vehicle valuation, which was first introduced about two months ago, was greeted with uproar from the freight forwarders who described the policy as inhuman and unrealistic due to the high values it placed on vehicles.
This led to the suspension of the system by the customs authority which thereafter reworked and improved the policy by accommodating the observations and grievances of freight forwarders.
At the second stage of the demonstration and sensitization of stakeholders on the new VIN valuation held at the Apapa Customs command Thursday, the freight Forwarders were full of praises for the customs over the improved valuation system which they all agreed has addressed and accommodated their views.
“This is very good. The new VIN valuation system has accommodated all our observations, even though there is room for improvement.
“It has taken care of the savage vehicles and accidented vehicles, which the first VIN didn’t consider”, Kayode Farinto, the Acting President of the Association of Nigerian Licensed Customs Agents (ANLCA) and one of the most critical voices of the system, said.
Earlier, the Customs Area Controller of Apapa Command, Comptroller Malanta Yusuf, who is the host, enjoined the stakeholders to take full advantage of the automated system which he said would make goods clearance procedure seamless and faster.
While welcoming the stakeholders to the sensitization meeting, Comptroller Yusuf urged them to be compliant with the extant guidelines to enable them to enjoy the benefits of the new system.
He assured them help desk would be created in each of the commands to help resolve the teething problems that are bound to crop up, adding that there would be continuous engagement and improvement on the new valuation policy.
He told the appreciative stakeholders that the VIN valuation policy is irreversible and will be deployed this Friday, May 20th, 2022.
Comptroller Festus Okun, the Customs Area Controller of Ports Terminal Multiservices Limited (PTML) Command said the Customs, through the VIN valuation, has imbibed basic principles of taxation which include predictability, neutrality, simplicity, and efficiency.

Comptroller Kunle Oloyede of Tin Can Island Port,  described VIN as a platform for robust gathering of statistical analysis and data for national economic purposes relying on the template of accuracy that will further integrate NCS with other ministries, departments and agencies.

Comptroller Hammi Swomen of Kirikiri Lighter Terminal Command, who sought more cooperation from all stakeholders, stated that sincere declarations without tampering with relevant information contained in Single Goods Declaration or mismatching information will aid in quicker clearance and seamlessness of the VIN system.

Comptroller Anthony Udenze of the Tariff and Trade Department at Customs headquarters urged vehicle importers and their agents to avoid acts that would delay the process of clearing.

He explained that the process of identifying salvage and accident vehicles under the VIN regime would be very transparent as the declarant would be expected to attach photos showing the accidented vehicles.

He further explained that for vehicles to be treated as accidented, the chassis must be affected by the accident not just by removing fenders, bumpers and headlamps.

However, Farinto called for true declaration and compliance on the part of freight forwarders. w2hivh he said will facilitate their clearance of goods and also made the Customs to introduce more changes such as auto release for used vehicles.

Comptroller Yusuf promised that the issue of auto release of used vehicles, which is not yet accommodated in the new system, will be looked into by the Customs High Command.
The new improved VIN valuation policy has therefore addressed most of the major concerns of stakeholders who said they couldn’t wait to start using the system.
The new system has been given a human face as the assessed values are adjudged as fair and the process transparent by the freight forwarders.
It has also considered the two options of salvage vehicles and accidented vehicles.
It is harmonisation and unification of all the hitherto isolated different values at the commands.
According to Comptroller Udenze, the new VIN valuation considers all the variants and series of all vehicles.
The technological system, which is expected to promote trade facilitation, has also been amended to reflect the reduction in the value of vehicles..

Related Topics:
Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Customs

Beer merchants panic over tax stamp policy, seeks solace from Customs

Gloria Odion, Maritime reporter 
The proposed Tax Stamp policy of the Federal government has expectedly activated panic mode among beer industry leaders who have expressed anxiety of possible escalation in the production and consumer costs if the policy is eventually implemented.
Though, there is an ongoing dialogue between stakeholders and the government to manage the economic impact of the policy, the leaders of the brewing sector had sought more clarification on the policy from the Nigeria customs service when they engaged with the Comptroller- General of the Service, Adewale Adeniyi on Monday, May 11th, 2026.
The brewers have come to discuss the economic impact the proposed policy will have on their brewing business.
At the roundabout discussion, Adewale had emphasised the need for credible data, inclusive consultations and sustained stakeholder engagement in Nigeria’s ongoing fiscal and regulatory reforms.
‎
‎Speaking during the engagement, CGC Adeniyi stressed that policy decisions affecting strategic sectors of the economy must be guided by verifiable data and a clear understanding of prevailing market realities.
‎
“‎We need to have a clear understanding of what constitutes illicit trade. Some of these products are legitimately manufactured in Nigeria.
“In other jurisdictions,customs administrations are already engaging in discussions around how such products find their way across borders and into unauthorised markets” the CGC stated.
‎
‎He further underscored the importance of accuracy and credibility in industry data presented to policymakers, noting that sound policy formulation depends on reliable information.
‎
‎“One thing we need to understand more clearly is where some of these estimates came from.
“When we are making policy decisions of this nature, the credibility and accuracy of data must never be in doubt,” he added.
‎
‎Highlighting the Service’s ongoing modernisation efforts, Adeniyi noted that the NCS has continued to introduce reforms aimed at improving trade facilitation and enhancing operational efficiency across the supply chain.
‎
‎“We have consistently introduced initiatives aimed at facilitating trade. We introduced the Advance Ruling. We introduced the Authorised Economic Operator programme.
“We also rolled out several reforms on our own initiative, not because we were under pressure, but because we recognised the need to improve trade facilitation,” he said.
‎
‎On the proposed tax stamp initiative, the CGC clarified that consultations with stakeholders are still ongoing and that no final decision has been reached regarding implementation.
‎
‎“As far as I am concerned, consultations are still ongoing. If this initiative is legitimate and beneficial, then we all have a responsibility to ensure that we are heading in the right direction,” he stated.
‎He also encouraged private-sector operators to maintain constructive engagement with relevant government agencies to ensure that any eventual policy framework balances revenue protection with industrial sustainability and economic growth.
‎
‎Earlier, the leader of the delegation and Chief Executive Officer of Guinness Nigeria Plc, Girish Sharma, said the visit was aimed at presenting the industry’s position on the proposed tax stamp framework, which he noted has generated considerable discussion within the sector.
‎
‎Sharma acknowledged the importance of regulatory controls but maintained that the beer industry remains one of the most structured and highly regulated sectors in Nigeria, with limited exposure to counterfeiting risks.
‎
‎“We fully understand the purpose and importance of tax stamps, particularly in industries where counterfeiting is a major concern.
“However, within the beer sector, counterfeiting is minimal,” Sharma said.
‎He noted that existing compliance and monitoring systems already provide adequate visibility across production and distribution channels.
‎“From an end-to-end compliance perspective, we believe there is already sufficient transparency and oversight,” he added.
‎
‎Sharma also highlighted the industry’s contribution to employment generation, government revenue and economic growth, cautioning that additional regulatory measures should be carefully designed to avoid unintended impacts on the sector and the wider economy.
The 2026 tax stamp policy in Nigeria is a regulatory, security-focused, and mandatory track-and-trace system imposed by the government on excisable goods—including alcohol, tobacco, and sugar-sweetened beverages—to curb illicit trade and bolster revenue.
The policy, aimed at reducing smuggling and counterfeiting, requires high-security physical labels or digital codes to be affixed to products.
The policy applies to excisable products such as tobacco, alcohol, and sugary drinks, with specialized stamps for textile imports, such as the Red vs. Green stamps.
 Manufacturers must ensure compliance. Under the Nigeria Tax Act 2025, compliance is required, and failure to stamp documents within 30 days can lead to severe penalties, including a 10% penalty fee plus interest.
While the government aims to enhance revenue, manufacturers, particularly in the brewing sector, have raised concerns that the policy could significantly diminish profitability and increase consumer prices, with potential to create 100% loss in profits if implemented as proposed.
Continue Reading

Customs

At UNILORIN conference, Adeniyi advocates for human- driven technology for balanced developmental efforts

Gloria Odion, Maritime reporter 
‎
‎The Comptroller-General of Customs (CGC), Adewale Adeniyi, has reaffirmed the Nigeria Customs Service’s commitment to responsible digital transformation and innovation driven governance during his keynote address at the 4th Biennial International Conference organised by the Faculty of Communication and Information Sciences, University of Ilorin, in collaboration with the Faculty of Philology, RUDN University, Russia.
‎
‎The conference, themed “Disruptive Technology: Human and Artificial Intelligence in the Digital Economy,” was held on Wednesday, 13 May 2026, at the University of Ilorin Main Auditorium.
The event attracted academics, communication experts, technology professionals, researchers, policymakers, and heads of government agencies to deliberate on the growing influence of digital innovation and artificial intelligence on governance, education, trade, and economic development.
‎
‎In his address, CGC Adeniyi stressed the importance of balancing technological advancement with human responsibility, noting that the future of the digital economy depends not only on artificial intelligence but also on ethics, leadership, and institutional capacity.
‎
‎“The digital age is, in the end, a human story, and the real test of our generation is not how powerful our machines become, but how wisely our societies choose to use them,” Adeniyi stated.
‎
‎He observed that disruptive technologies such as digital payments, e-commerce, artificial intelligence, and smart systems have already reshaped global operations, adding that the world is no longer preparing for disruption but actively functioning within it.
‎
‎According to him, government institutions must ensure that technological innovation strengthens transparency, public trust, and operational efficiency without compromising accountability.
‎
‎Drawing from the Nigeria Customs Service’s experience, the CGC highlighted ongoing digital transformation initiatives, particularly the deployment of the B’Odogwu Unified Customs Management System, which has significantly improved trade facilitation, cargo processing, and inter-agency collaboration.
‎
‎He disclosed that the platform generated over N230 billion at the PTML Command within its first eight months of deployment, while cargo clearance timelines for compliant traders have been reduced to less than eight hours.
‎
‎“The partnership, not the rivalry, between human and artificial intelligence is where the real value lies,” he said, adding that technology delivers optimal results when guided by strong institutional values and ethical standards.
‎
‎Adeniyi further noted that although artificial intelligence enhances efficiency, risk management, and decision-making, human expertise and leadership remain indispensable to effective governance and enforcement.
‎
‎“Technology changes processes  leadership and expertise still deliver the results,” he added.
‎
‎The CGC also called for stronger collaboration among universities, research institutions, and public agencies to develop practical solutions to emerging digital and governance challenges.
He urged academic institutions to move beyond theoretical learning and play a more active role in innovation and policy development.
‎
‎He identified areas where academia can support Customs modernisation efforts, including digital compliance systems, AI-driven risk management, public trust communication strategies, and the governance of cross border data flows.
‎
‎Adeniyi further advocated for the development of digital governance frameworks tailored to African realities, legal systems, and developmental priorities, emphasising that technological advancement must remain accountable to the people it serves.
‎
‎On the sidelines of the conference,the CGC engaged with heads of government agencies, scholars, communication professionals, traditional rulers, and institutional leaders on opportunities for collaboration in digital innovation, research, community development, and capacity building.
Continue Reading

Customs

Oshoba, Apapa Customs boss, charges officers on discipline, revenue, trade facilitation

Gloria Odion, Maritime reporter 

The Customs Area Controller (CAC), Nigeria Customs Service, Apapa Area Command, Comptroller Emmanuel Oshoba, has charged officers and men of the Command to intensify revenue generation, strengthen anti-smuggling operations and uphold professionalism and discipline in the discharge of their duties.

Comptroller Oshoba gave the charge during the Command’s monthly parade held on Tuesday, 12 May 2026, at the Command headquarters in Apapa, Lagos.

The Area Controller emphasized the need for greater operational interventions across terminals to block revenue leakages while ensuring seamless trade facilitation and timely cargo clearance.

“Officers must protect the reputation of the Service. That is why any delay by any officer concerning any consignment will not be tolerated.

“Even at the gates. If a consignment is duly exited, there should be no delay at the gates,” he stated.

He also urged officers to remain accessible and professional in their dealings with stakeholders.

“You must make yourself accessible to our stakeholders and we must avoid actions capable of tarnishing the good image of the Service and the good work being done by the CGC and members of his management.

“We should not be seen as slugs in the wheels of progress,” Oshoba added.

The CAC further called for heightened vigilance against smuggling activities, especially illicit drugs and prohibited items, while warning officers against misconduct and improper dressing.

Highlight of the parade was the recognition of outstanding Officers and Units for exemplary service.

Assistant Comptroller of Customs Ismail Mohammed emerged as the Most Outstanding Officer of the Month, while CSC Augustine Ondoma, ASCI Bukola Olaleye and IC Olalekan Salawu were recognized for professionalism, innovation and punctuality respectively.

Similarly, officers of APM Terminal received the Excellence Award on Enforcement, while Officers of ECO SUPPORT Terminal received the Excellence Award on Revenue Generation.

Comptroller Oshoba explained that the award initiative was introduced to encourage hard work, excellence, professionalism and healthy competition among Officers and Units of the Command.

Continue Reading

Trending