NDC STATEMENT ON COURT RULING. (PHOTO). #PRESS RELEASE.

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 NDC STATEMENT ON COURT RULING Our attention has been drawn to a ruling by the Federal High Court sitting in Lokoja this morning, wherein His Lordship, Honourable Justice Isah Dashen, gave a ruling on an application filed by an unregistered association known as Peace Movement Party. The public knows that by December 2025, the Nigeria Democratic Congress  as an association complained of INEC’s refusal to register us as a political party, whereupon we proceeded to the Federal High Court. The Federal High Court upheld our constitutional right to freedom of association under the Constitution and compelled INEC to register us, which INEC did. Since then, we have started political activities, embarked on the registration of members, held congresses from ward to national levels, held conventions, and concluded primaries to all offices following INEC’s timetable. We have been fully participating in all INEC activities without let or hindrance. NDC also fielded candidates, and fully pa...
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CUSTOMS SHED LIGHT ON DUTY VALUE VARIATIONS FOR USED VEHICLES,OTHERS.[PHOTO].#PRESS RELEASE.

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Customs Sheds Light on Duty Value Variations for Used Vehicles, Others

As part of efforts to make clarifications with regards to duty value on certain items, the Nigeria Customs Service (NCS) has disclosed that there is no uniform value for used items including vehicles.

This was made known by the Deputy National Public Relations Officer of the NCS, Timi Bomodi during a media parley held in Lagos. He added that the degree of depreciation on used Cars may not be the same even if the Cars were manufactured same period while stating that the NCS is currently looking into complaints by some importers and agents that there are variations in value and duty, using an improvised system of checking degradation of the used item being imported.

Deputy Comptroller of Customs, Bomodi also faulted the behaviour of some vehicle importers who allegedly adjust odometers on new vehicles to give a false impression of being a used vehicle that has covered high mileage with a view to evading accurate duty payment. He further highlighted several cases of false declarations, concealments and other unlawful antics by some importers and their agents to underpay taxes.

Speaking on the theme, ‘Trade Facilitation, A Tool For Enhanced Revenue Generation: The NCS Perspective’, he said the Service has achieved 90 percent automation of its operation and has surpassed it’s 2021 revenue collection target.

He also noted that despite the harsh operating atmosphere occasioned by the Covid-19 pandemic, the service collected a total of N2.3trillion between January 2021 to date thereby surpassing it’s target.

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