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Home » Re: VIN Valuation: The uncomfortable truth by DC Bomodi
Opinion

Re: VIN Valuation: The uncomfortable truth by DC Bomodi

Saint AugustineBy Saint AugustineFebruary 22, 2022No Comments4 Mins Read
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… Nigerians deserve to know the truth

By Kayode Farinto

I read with consternation the submission of the National Public Relations Officer of the Nigeria Customs service and pitied Nigeria, asking myself, at what point did we get it wrong in this part of the world?

It is sheer hypocrisy to condemn the position of few freight forwarders that exposed the level non professionalism in the management of Nigeria Customs Service but because anything goes in this part of the world, lies will always overtake truth hence the White will continue to look at us as a very backward race courtesy of our dark age and medieval behavior which is akin to pre human existence.

First and foremost, every freight forwarder was tired of giving bribes, inhuman treatment by men of NCS on the road whenever they take delivery of their vehicles and the fact that there was no uniformity on duty payable on same categories, year of manufacture and even with same cubic capacities of vehicles hence we all clamour that something urgently needed to be done on this issue.

Permit me to digress because I was frontally campaigning for this in the last few months and it will interest Nigerians to know that the Comptroller General of Customs immediately keyed into our demand and directed that a committee of stakeholders be set up (which must include the customs brokers and customs officers) to meet and look into how this can work in the interest of the nation.

However, some members of the management team vowed that it will never happen due to the PECUNIARY GAIN that will elude them if this process is allowed to come to fruition .And they never allowed the committee to be inaugurated let alone be set up.

I stand to be corrected because I remember that we wrote series of letters reminding them on the need to set up this committee but it was tactically avoided hence the recent happening in the industry because up till now, we have it on good authority that only few analogue officers came up with values and data inputted in the VIN Valuation and even forgot due to lack of knowledge to put into consideration that LEGAL NOTICE 30 which is a law has allow every used vehicle to enjoy rebate as per year of manufacture and this rebate ranges from 10 to 50% reduction on duty payable.

Furthermore, talking about Artificial Intelligence, the great question we need ask these crop of fake innovators is, does Artificial intelligence provide data? The answer is NO. Artificial Intelligence (AI) broadly refers to any human like display by a machine or system in Artificial Intelligence basic forms, computers are programmed to mimic human behavior using extensive data from past examples of similar behavior. Where does your own data emanated from?

We have unhindered access to World Customs Organization on the issue of data or ex factory prices which would have form part of consideration to make the VIN Valuation work.

Finally, it will interest Nigerians to know that for this new systems to work and be devoid of corruption, it must be designed in such a way that once you pay whatever the system give, the release ought to be automated but the designer of this system also deliberately avoided this to still create room for physical contact and Chua Chua (Chua Chua is a language in the industry for settlement).

We, as patriotic Nigerians want this nation to move forward and are tired of being called names by people that are benefiting from our position hence we insist that the right thing must be done and condemn all act of attempting to give freight forwarders bad name.

Farinto Kayode Collins (PhD.) is the National Vice President, Association of Nigeria Licensed Customs Agents (ANLCA).

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

DC Timi Bomodi Legal Notice 30 Nigeria Customs Service VIN Valuation World Customs Organization
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Saint Augustine is a seasoned freelance journalist and the chief editor of Primetime Reporters.

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