ADVERTISEMENT

5 Things to know about new FG policy

Used and new vehicles won't be allowed into Nigeria through land borders. But that's only half the story

FG bans importation of substandard vehicles, parts

Here's what this new policy all means:

1. You know how it was possible to get cars through Seme border in Cotonou into Nigeria? You won't be able to do that anymore from January 1, 2017.

Or so the federal government has said.

ADVERTISEMENT

2. You don't want to have anything to do with Apapa right now.

If all of the vehicles coming into the country have to pass through Nigeria's only functional seaport, you don't want to imagine what will become of Apapa.

Apapa was already a basket-case before now. The petrol tankers, the area boys, the bedlam, the traffic....throw in large trucks evacuating all kinds of cars....

Welcome to hell!

3. Importers of vehicles through the land borders have up till December 31, 2016 to clear their vehicles into Nigeria.

ADVERTISEMENT

Let the mad scramble and traffic around the Badagry-Mile 2 axis begin.

4. Smugglers and Immigration chaps are about to make a killing.

Because the fact this is an official government policy doesn't mean that smugglers won't be bribing all those Custom and Immigration personnel at Agbara, Seme and elsewhere.

Consumers will then bribe smugglers to get their cars in and the vicious cycle will continue well beyond 2017.

5. Tariff on clearing cars at the Apapa port is still very high. Most persons haven't been able to clear their cars in months or years because of high import duties.

ADVERTISEMENT

If import duties at the ports aren't reduced, this won't be funny.

Land border car purchase was always the alternative for most because it was cheaper. Is all of that now gone?

Chill.

If you learned nothing else today, remember this--importation of used vehicles into Nigeria through the land borders has been banned officially. But unofficially, the business is about to step up a notch.

The making of a banana republic.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

FG declares Monday public holiday to mark 63rd Independence anniversary

FG declares Monday public holiday to mark 63rd Independence anniversary

EFCC sensitises gold merchants in Zamfara against money laundering

EFCC sensitises gold merchants in Zamfara against money laundering

Workers protest as Minister Umahi's locks them out of office

Workers protest as Minister Umahi's locks them out of office

NLC dismisses government's claim of strike suspension agreement

NLC dismisses government's claim of strike suspension agreement

INEC seeks media support for credible guber election in Bayelsa

INEC seeks media support for credible guber election in Bayelsa

Yobe Govt directs Information Officers (IOs) in the State to join NIPR

Yobe Govt directs Information Officers (IOs) in the State to join NIPR

EFCC raises alarm over surge in fake dollars, cybercrimes in Benue

EFCC raises alarm over surge in fake dollars, cybercrimes in Benue

NESG targets reducing brain drain, unemployment to revamp nation’s economy

NESG targets reducing brain drain, unemployment to revamp nation’s economy

FG declares October 2 public holiday to celebrate Nigeria's independence

FG declares October 2 public holiday to celebrate Nigeria's independence

Pulse Sports

I still love guys - Super Falcons' Michelle Alozie reacts to lesbian rumour

I still love guys - Super Falcons' Michelle Alozie reacts to lesbian rumour

Heartbreak for Nigeria as AFCON 2027 bid slips away to East African rivals

Heartbreak for Nigeria as AFCON 2027 bid slips away to East African rivals

Victor Boniface or Harry Kane: Who has had the better Bundesliga start?

Victor Boniface or Harry Kane: Who has had the better Bundesliga start?

Steph Curry: NBA star lists Nigeria's Burna Boy and WizKid among favorite music artists

Steph Curry: NBA star lists Nigeria's Burna Boy and WizKid among favorite music artists

Controversy as Super Falcons' Michelle Alozie unveils her 'female lover'

Controversy as Super Falcons' Michelle Alozie unveils her 'female lover'

AFCON 2027: Algeria hands Nigeria a major boost

AFCON 2027: Algeria hands Nigeria a major boost

ADVERTISEMENT
ADVERTISEMENT