Kemi Adeosun: Boycotters of duty payment won’t get VIN registration – Finance Minister

Kemi Adeosun: Boycotters of duty payment won’t get VIN registration – Finance Minister

Nigeria's Finance Minister Kemi Adeosun speaks at a news conference in Lagos, Nigeria, April 9, 2016. REUTERS/Akintunde Akinleye

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

Car owners who fail to pay government imposed duty on their vehicle will not be registered under the new Vehicle Identification Number (VIN) platform.

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.

“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."

ALSO READ: FRSC impounds 55 vehicles over number plate violation

 

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.

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).

Punky

Cool Minded Blogger and Webmaster +2348022050583

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