Vehicle importation Archives

FG spent ₦6.54trn on vehicle spare parts imports in 2025

The Federal Government has disclosed that Nigerians spent about N6.54 trillion on vehicle spare parts and another N2.7 trillion on imported vehicles in 2025, emphasising the huge economic potential in the country’s automotive aftersales and component manufacturing sector. Daily Trust reported that the Director-General of the National Automotive Design and Development Council, Joseph Osanipin, revealed […]

aadelekepdnlimited-com
14th May 2026
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Why terminal operators raise imported vehicles tariff by 35% – Report

Ports & Terminal Multipurpose Limited has announced a 36% rise in tariff on imported vehicles, effective July 1, months after the Maritime Workers Union of Nigeria demanded that terminal rates be revised upwardly. The Punch reported that the terminal stated in a public notice that it had gotten approval from the appropriate authorities for the fee […]

bfatoyepdnlimited-com
6th July 2023
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How VIN affected vehicle importation – Customs

The Nigeria Customs Service has said that the implementation of the Vehicles Identification Number for clearing imported vehicles resulted in a 40% decrease in imported vehicles in 2022 through its Ports & Terminal Multipurpose Limited Command. The acting Assistant Comptroller General and the command’s outgoing Controller, Suleiman Bomai, said this while outlining the command’s actions […]

jonuorahpdnlimited-com
26th January 2023
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Duty hike: Used vehicle imports drops 40%

The Nigeria Customs Service’s Ports & Terminal Multipurpose Limited Command, has disclosed that the introduction of Vehicle Identification Numbers for processing imported automobiles resulted in a 40% decline in imported vehicles in 2022. According to The PUNCH, this was disclosed by the outgoing Controller of the command, acting Assistant Comptroller General, Suleiman Bomai, […]

oamudipepdnlimited-com
26th January 2023
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203 Views

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Tag: Vehicle importation

FG spent ₦6.54trn on vehicle spare parts imports in 2025

Why terminal operators raise imported vehicles tariff by 35% – Report

How VIN affected vehicle importation – Customs

Duty hike: Used vehicle imports drops 40%

FG spent ₦6.54trn on vehicle spare parts imports.

Dangote rejects NNPC bid to raise 7.25% stake.

BoA assures pensioners of plans to clear outstanding.

Oil prices rise as IEA warns of heightened.

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