Customs
House of Reps. threatens to suspend Customs’ VIN over uncoordinated valuation method

The House of Representatives Committee on Customs and Excise has picked holes in the controversial Vehicles Valuation policy (VIN) policy of the Nigeria Customs Service.
Presenting the report, Hon. Abejide, disclosed that the committee had observed how the impasse over VIN valuation was causing
The committee also lamented how the issue was affecting revenue generation at Tin Can Island Port, Lagos which depends more on vehicle imports revenues.
“Revenue of the command is fluctuating due to VIN Valuation that is said to be of two types: standard and non-standard.
“This creates problems for operators of the command being an automobile port as importers abandoned their vehicles while some diverted to other neighbouring countries.
“Some refused to ship. The command may face dwindling revenue in a short while. If the VIN can’t be streamlined into one within this week, the committee will recommend for its suspension pending (the time) it works as one system.” the report stated.
Based on their years of manufacturing, VIN is the system used by customs to collect duty on vehicles imported into the country.
Customs
KLT Customs reaffirms commitment to stronger maritime stakeholder engagement

Gloria Odion, Maritime reporter
The Acting Customs Area Controller (CAC) of the Kirikiri Lighter Terminal (KLT) Area Command of the Nigeria Customs Service (NCS), Deputy Comptroller Bolaji Adigun, has reaffirmed the Command’s commitment to deepening engagement with stakeholders across the maritime industry in line with efforts to promote trade facilitation, transparency, and sustainable economic growth.
Adigun gave the assurance through the Deputy Comptroller in charge of Administration, Comptroller T.A. Jonah, who represented him during a courtesy visit by the newly elected Executive Committee of the Maritime Reporters Association of Nigeria (MARAN) to the Command in Lagos.
The Acting CAC, who was unavoidably absent, underscored the importance of sustained collaboration between the Nigeria Customs Service and key industry stakeholders, particularly the maritime media, in advancing the Service’s mandate and supporting national economic development.
He described the media as a critical partner in disseminating information on government policies, customs reforms, trade facilitation initiatives, revenue generation, and anti-smuggling operations.
According to him, maritime journalists occupy a strategic position in shaping public understanding and perception of activities within the port and maritime sector, stressing the need for professionalism, accuracy, and balanced reportage in the discharge of their duties.
Adigun further assured the MARAN delegation that the KLT Area Command would continue to operate an open-door policy while fostering cordial and productive relationships with stakeholders within the maritime community.
Earlier in his remarks, the President of MARAN, Mr. Oluyinka Onigbinde, stated that the visit formed part of the association’s ongoing stakeholder engagement initiative following the inauguration of its newly elected executive committee.
Onigbinde explained that the purpose of the visit was to formally introduce the new leadership of the association to the Command and strengthen the longstanding relationship between MARAN and the Nigeria Customs Service.
He commended the KLT Area Command for its contributions to trade facilitation, revenue generation, and enforcement activities, describing the Command as a vital component of Customs operations within Nigeria’s port system.
The MARAN President also reaffirmed the association’s commitment to professional, objective, and development-driven journalism, noting that maritime reporters play a significant role in promoting informed discourse on issues affecting the industry.
He further assured the Command of MARAN’s continued support for initiatives aimed at enhancing efficiency, transparency, and competitiveness within Nigeria’s maritime sector through responsible and factual reporting.
Customs
“You are worthy ambassador of Osun State” Oni of Ife eulogies Adeniyi’s leadership of Customs

Customs
World Bank strengthens Customs capacity in post clearance Audit in two- week capacity building exercise

Headlines2 months agoTinubu approves disbursement of CVFF by NIMASA
Aviation3 months agoFAAN resumes toll collection at Airports, adopts hybrid payment method
Headlines1 month agoJolapamo retrieves Ikoyi home, N473.347m from ex- wife, as court awards N5m damages against estranged wife
Aviation2 months agoFrom 6k to 50k: The economic insensitivity of arbitrary hike in parking rate at MM2
Headlines2 months agoNSW opens dedicated support centre in Apapa to assist port users
Headlines2 months agoNational Assembly spurns opposition against Tantita’s pipelines surveillance contract









