By Folorunso Alagbede, Abuja
The Association of Motor Dealers of Nigeria, AMDON has rejected the new vehicle inspection number (VIN)
valuation automated system for payment of vehicles customs duty.
The President of the association, Prince Ajibola Adedoyin said in Abuja yesterday the association is asking for the suspension of the policy pending the review and involvement of all stakeholders.
The association submitted that the use of the VIN system runs foul of the enabling law which Nigeria Customs Service is using in its implementation.
Adedoyin pointed out that since members of the association are part of the stakeholders, the option left is for its temporary suspension pending when all views are collated and acceptable to all.
According to him, “Based on its aftermath effects on our businesses especially the intended car buyers, the implementation of this policy will automatically lead to geometrical hike in purchase of vehicles, which will grossly destabilize the gains already recorded in the transportation sector.’
He therefore called on the federal government and the Nigerian Customs Service, for the sake of its citizens, to suspend this policy and liaise appropriately with all stakeholders in this field.
He explained that what the law mandates the Customs to collect was purchasing and not depreciating cost of a vehicle.
In the same vein, the chairman of the Federal Capital Territory, FCT chapter of AMDON, Alhaji Adamu Damisa said for peace to reign, the valuation system should be suspended and those acting outside the law should be brought to books.
Damisa who led members of the association in protest to the zonal office of the Nigeria Customs Service in Gwagwalada, a suburb of Abuja, said if the Customs insists, AMDON will have no option but to seek legal redress.
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