Customs CG Condemns Rise In The Importation Of Accidented Vehicles

Customs CG, Bashir Adeniyi condemns the rise in the importation of accidented cars at PTML Terminal.

He noted that the rise in the importation of accidented cars won’t allow the Agency to meet the targeted revenue. 

The Customs boss blames the exchange rate for the increment in cost of cargo clearance. 

The Acting Comptroller Comptroller-General of the Nigeria Customs Service (NCS), Bashir Adewale Adeniyi, has lamented the influx of accidented (salvaged) vehicles at the Nigerian Ports.

Speaking with clearing agents at the PTML Terminal, the Customs CG noted that the rise in the importation of accidented cars won’t allow the Agency to meet the targeted revenue.

“The vehicles that are there are not the same type of vehicles we used to see in those days, most of the vehicles that I saw here are accidented vehicles, and there are so many implications for this.

“For us, it is paining us because we are not going to get the revenue that we need, our revenue this year is N3.6 trillion, we cannot achieve this with what we are seeing here, and the situation here is not different from other places”, he said.

While addressing the agents on the increment in cost of cargo clearance, the customs boss said that the major cause of the issue is the exchange rate and not Customs’.

“Nothing has changed in the Customs duty, it is the exchange rate that is changing, the last time I checked, Customs does not manufacture dollars, President Tinubu does not manufacture dollars, what would bring dollars for us is a collective action of all of us.

“For us to reverse the trend that we are having, which is the overwhelming reliance on importation alone, we need to devote our energy to export so that we can earn foreign exchange for the country. This is what would bring food to our table, help our economy and increase the value of the Naira.

“If nothing has changed, we are still going to be in the same situation. The economy is not doing enough to bring in dollars so that the value of the Naira would improve”, he said.

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