The Nigeria Customs
Service has concluded plans to redeploy the suspended electronic valuation policy for imported vehicles on Friday.

The policy, also known as Vehicle Inspection Number, has been generating controversy since its introduction some months back.

Clearing agents and other maritime stakeholders had staged protests in the wake of the introduction of the e-valuation policy, a development that forced the government to suspend its implementation.

Among other things, clearing agents claimed that the e-valuation system came with a sharp increase in duty paid on imported vehicles

However, the Nigeria Customs Service in a letter dated May 17, 2022, said the suspended policy would be re-introduced on Friday, May 20, 2022.

As such, the agency said there would be a sensitisation programme for stakeholders in the clearance chain in preparation for the redeployment.

Credit: Punch

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