New Customs valuation system pegs age limit of cars at 9 years

Contrary to the initial agreement to peg the age limit of imported used cars at 12 years, the new vehicle identification number (VIN) valuation system has reduced the age limit to nine years, provoking fresh concern among Nigerians. Given this development, the adoption of the VIN valuation system by the Nigeria Customs Service (NCS) has […]

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