Customs suspends VIN Valuation, gives one month grace period to clear backlog of vehicles


The Nigeria Customs Service (NCS), today, announced a one month window to enable importers clear the backlog of vehicles held up in the ports as a result of strike action embarked upon by the freight forwarders recently.

The National Public Relations Officer, NCS, DC Timi Bomodi who announced the grace period in a statement in Abuja disclosed that the Comptroller General of the Nigeria Customs Service, Col. Hameed Ali (rtd.) graciously approved the one month window following the recent customs/stakeholders town hall meeting held in Lagos on VIN-Valuation, having listened to public outcry.

Bomodi, however, informed that uniform application of rebates would be used for all vehicles using correct values for assessment during the exercise.

“For the avoidance of doubt, the VIN-Valuation protocol is still in operation as reviews and updates are being captured in our systems to reflect the genuine concerns of stakeholders.

“As a responsive and responsible agency, Nigeria Customs Service will sustain its consultations with stakeholders in line with Article 2 of WTO Trade Facilitation Agreement for a smoother customs stakeholders relationship” he added.

Freight Forwarders had embarked on strike penultimate Monday to protest against the implementation of the VIN valuation with over 12,000 vehicles currently trapped at the Tincan Island and PTML port terminals.

The grace period is for a period of one month beginning from Tuesday 8 March, 2022.

Send your news, press releases/articles to Also, follow us on Twitter @ptreporters and on Facebook on or call the editor on 07030661526, 08053908817.


Leave A Reply