ADVERTISEMENT

Boycotters of duty payment won't get VIN registration - Finance Minister

The government has introduced a strict policy against vehicle owners who fail to pay duty on their property.

Nigeria's Finance Minister Kemi Adeosun

This was sternly revealed by Kemi Adeosun, Nigeria's Minister of Finance, while speaking at a VIN workshop.

Speaking at the event held at the Customs Command and Staff College, Gwagwalada, Abuja, Adeosun disclosed that the new registration process will take effect on March 31, 2017.

The introduction of VIN was made in order to prevent more smuggling in the country.

ADVERTISEMENT

“We are introducing a new system where all vehicles will be registered using the Vehicle Identification Number (VIN), effective 31st March, 2017.

"Customs clearance will be linked to the VIN and this in turn will be required by each state government at the point of vehicle registration.

“We are using technology to make smuggling an unprofitable venture."

Making more observation concerning the objective of the programme, the Finance minister said the platform will help in monitoring the amount of vehicles in the country.

ADVERTISEMENT

Participants at the workshop were from organisations such as the Nigeria Customs Service (NCS), the Federal Inland Revenue Service (FIRS), the Federal Road Safety Corps (FRSC) and the Nigeria Police Force (NPF).

Enhance Your Pulse News Experience!

Get rewards worth up to $20 when selected to participate in our exclusive focus group. Your input will help us to make informed decisions that align with your needs and preferences.

I've got feedback!

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Plateau University suspends exams over killing of student

Plateau University suspends exams over killing of student

Nigeria laughing stock of the rest of the world due to insecurity - TY Danjuma

Nigeria laughing stock of the rest of the world due to insecurity - TY Danjuma

APC group claims Tinubu’s initiatives stimulating economic recovery

APC group claims Tinubu’s initiatives stimulating economic recovery

Plateau Gov urges calm after attack that led to death of 200-level PLASU student

Plateau Gov urges calm after attack that led to death of 200-level PLASU student

NAFDAC reopens popular Ibadan supermarket shut for selling unregistered product

NAFDAC reopens popular Ibadan supermarket shut for selling unregistered product

Gov Adeleke lavished with praise for providing water, sanitation facilities

Gov Adeleke lavished with praise for providing water, sanitation facilities

CSO inaugurates campaign to combat electoral irregularities, promote reforms

CSO inaugurates campaign to combat electoral irregularities, promote reforms

Lagos arrests 10 fake officials for carrying out unauthorised enforcement

Lagos arrests 10 fake officials for carrying out unauthorised enforcement

Ogun govt training herbalists to compete in world trado-medicine market

Ogun govt training herbalists to compete in world trado-medicine market

Pulse Sports

Lionel Messi's son breaks the internet after scoring five goals for Inter Miami

Lionel Messi's son breaks the internet after scoring five goals for Inter Miami

Naija Stars Abroad: Onyedika, Boniface, and Osimhen shine across Europe

Naija Stars Abroad: Onyedika, Boniface, and Osimhen shine across Europe

Victor Osimhen and Tobi Amusan make list of Forbes’ 30 under 30 Class of 2024

Victor Osimhen and Tobi Amusan make list of Forbes’ 30 under 30 Class of 2024

ADVERTISEMENT
ADVERTISEMENT