Home Business Fears, Apprehensions as FG Bans Importation of Vehicles Through Land Borders

Fears, Apprehensions as FG Bans Importation of Vehicles Through Land Borders

0

There were fears and apprehensions of immediate further hike in the prices of imported Tokunbo and new vehicles last night as it emerged that the Federal Government has banned the importation of vehicles into the country through land borders.

The government’s new position was contained in a statement on Monday in Abuja by Mr Wale Adeniyi, the Nigeria Customs Service Public Relations Officer.

Adeniyi said“the prohibition order covers all new and used vehicles”.

He also said the ban was sequel to a presidential directive restricting all vehicle imports to Nigeria’s Sea ports only, adding that the order takes effect from Jan. 1, 2017.

“The restriction on importation of vehicles follows that of rice; import of rice through land borders has been banned since April 2016.

“Importers of vehicles through the land borders are requested to utilise the grace period until Dec. 31, 2016 to clear their vehicle imports landed in neighbouring Ports,” Adeniyi said.

wema_bank_salary_based_loan

Like and Share this:

ADD YOUR COMMENT

Please enter your comment!
Please enter your name here