• Privacy Policy
  • Terms
  • About us
  • Contact Us
  • Staff Email
Thursday, June 5, 2025
  • Login
TheMattersPress
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us
No Result
View All Result
TheMattersPress
No Result
View All Result
Home Economy/Technology

Shippers association appeals for more dialogue on VIN implementation

Shippers

The Matters Press by The Matters Press
February 22, 2022
Reading Time: 2 mins read
0
Council seeks incentives to boost indigenous ship operations

The Shippers Association of Lagos (SALS) has advocated more dialogue between the Nigeria Customs Service (NCS) and Freight Forwarding Associations on the Vehicle Identification Number (VIN) valuation system policy.

RELATED POSTS

PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF

FCT ground rent!: Check your name if you own property

Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

Rev. Jonathan Nicole, President, SALS, made the appeal in Lagos, on Tuesday.

He added that such dialogue would forestall more disruptions at the port, due to the ongoing protests.

“We are one of the people that does not like strike in our ports and we try as much as possible to ensure that the port remains open.

“If a policy that is not friendly is brought to the people, they have a right to say no. The timing of the introduction of the VIN is so wrong,” he said.

Nicole pointed out that shippers were not against the policy, adding that automation would come, but this came all of a sudden.

“A policy can come into being, what we need to do is test run it, feel the pulse of the people and see how it goes.

“I feel that the main cause of the VIN introduction now is to help the Customs meet the target given to them by the federal government, as everybody is fighting for their pockets,” he said.

The shippers’ boss noted that the forwarding agents were saying that it takes them two weeks to get assessment, asking who pays the demurrage that had accrued.

“We believe that something is wrong somewhere and we do not want government to induce unrest in our port, so the Federal Ministry of Finance should weigh in because Customs is under them.

“Those tokunbo (used) cars should not pay such kind of duty. If you buy a car worth $300 and in your country you are asked to pay N1.5 million as duty, what is the yardstick, how does one assess that?

“Going back to the vehicle registration number, when the car was new to make an assessment is not right,” he said.

He pointed out that the car must have attracted age rebate and this should be considered. The tear and wear must attract rebate, discount and this should be contained in the Customs Excise and Management Act.

Nicole urged government to simplify things for importers and freight forwarders, by starting the VIN with new vehicles and not old vehicles.

“This is something that can be discussed and not put on the freight forwarders, because they too generate money for government.

“Even with the ports being shutdown, the vehicles in the port are generating demurrage and who pays when the protest is over, so Customs are not losing anything.

“There is no ease of doing business if cost is not cut down, the Ministry of Finance should speak on this,” he said.

The clearing agents had on Feb. 21, crippled activities at the Lagos ports with protests at the Tin Can Island Port and PTML Terminal.

The protests were over the anomalies in the VIN valuation system policy introduced by the NCS for imported vehicles.

It began after the expiration of the 72-hour strike notice issued by all registered freight forwarding associations operating at the PTML Terminal and Tin Can Island port in Lagos.

Tags: Shippers
ShareTweetPin
The Matters Press

The Matters Press

Related Posts

Energy

PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF

June 4, 2025
Property owners besiege FCT office to pay ground rent
Economy/Technology

FCT ground rent!: Check your name if you own property

June 3, 2025
News

Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

June 3, 2025
Economic implications of Niger coup to Nigeria, ECOWAS
Economy/Technology

IMPI urges media to consider national interest in reporting security challenges

June 3, 2025
Tinubu steering Nigeria away from Venezuela-like tragedy – IMPI
News

Malami’s opposition to Tinubu’s endorsement self-indicting – TDF

June 3, 2025
President Tinubu outlines new economic, monetary, foreign policies
Economy/Technology

CUPP goofs over President Tinubu’s 2027 endorsement by governors

June 2, 2025
Next Post
NCDMB to host local content investment forum

NCDMB calls for creation of African local content fund

EU approves 820m Euro for Nigeria’s digital economy

EU may ban trade in Russian state bonds

Recommended Stories

Female Parliamentarians elect President

Female Parliamentarians elect President

December 4, 2018
Death toll in building collapse hits 36 as governor sets up probe panel

Lagos Venture Capital Inflow Increases By 120%

December 13, 2022
Nigeria’s N225bn bonds oversubscribed

Bond: DMO records 1,322 successful subscription

June 17, 2022

Popular Stories

  • Rising prices of goods cause protests in Morocco

    Rising prices of goods cause protests in Morocco

    0 shares
    Share 0 Tweet 0
  • NLNG not responsible for gas supply shortfall, price hike

    0 shares
    Share 0 Tweet 0
  • NCC sets fresh operational fees, spectrum prices for telecom operators

    0 shares
    Share 0 Tweet 0
  • Hoarding causes hike in prices of grains

    0 shares
    Share 0 Tweet 0
  • Prices of Petrol, diesel increase in November

    0 shares
    Share 0 Tweet 0
TheMattersPress

We bring you the best news update in Nigeria

LEARN MORE »

Recent Posts

  • PDP incubated insecurity in Nigeria, but Tinubu on top of the situation – TDF
  • FCT ground rent!: Check your name if you own property
  • Cracking the Code with Africa’s Creators: Woof Studios Makes History at Cannes Lions 2025 CANNES,

Categories

  • Agriculture
  • Economy/Technology
  • Energy
  • Entertainment/sports
  • Features
  • Foreign
  • Multimedia
  • Natural Resources
  • News
  • Oil and Gas
  • Photo
  • Politics
  • Security
  • Thematterspress
  • Uncategorized
  • Video

© 2025 Domo Tech World - Powered by Thematterspress.

No Result
View All Result
  • Home
  • News
  • Features
  • Thematterspress
  • Multimedia
    • Audio
    • Photo
    • Video
  • About us
  • Contact Us

© 2025 Domo Tech World - Powered by Thematterspress.

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
Call Us