From subsequent month, importation of automobiles by way of the land borders might be prohibited, in line with a brand new prohibition order issued by the Federal Authorities to that impact. The prohibition order covers all new and used autos.
An announcement issued on Monday by the Nigeria Customs Service indicated that the ban was sequel to a presidential directive limiting all car imports to the seaports with impact from January 1, 2017.
The restriction on importation of autos follows that of rice, whose imports by means of the land borders had been banned since April 2016.
Within the assertion signed by its spokesperson, Mr. Wale Adeniyi, the NCS suggested importers of automobiles by the land borders to utilise the grace interval up until December 31 to clear their automobiles landed in neighbouring international locations’ ports.
The Federal Authorities had disclosed at a discussion board of the automotive trade on Friday that it will ban the importation of automobiles by means of land borders and implement the presentation of roadworthiness certificates on such automobiles from their nations of origin earlier than permitting them into Nigeria.
The Director-Common, Nationwide Automotive Design and Growth Council, Mr. Aminu Jalal, who stated this on behalf of the federal government, added that it was a way of controlling the inflow of used autos, popularly known as ‘Tokunbo’, into the nation.
Stakeholders within the automotive business had earlier known as for strict regulation of the importation of autos, noting that poor implementation of the auto coverage launched within the final quarter of 2013 by former President Goodluck Jonathan administration was driving down the quantity of their merchandise.
The auto coverage prescribed the imposition of 70 per cent tariff on imported vehicles, each outdated and new ones.
Whereas importers of recent automobiles are presently paying 70 per cent of the price of the autos as import responsibility, house owners/importers of Tokunbo vehicles pay 35 per cent. The federal government has but to implement the implementation of the 35 per cent import obligation on used automobiles, which must have commenced final 12 months.===================================
Contact +2347010573805 For GistNation Music / Event Promotion Now!