NIGERIA CUSTOMS SERVICE CLARIFIES MISLEADING REPORT ON VEHICLE IDENTIFICATION NUMBER (VIN) VALUATION PROCESS
PRESS STATEMENT 1. The Nigeria Customs Service (NCS) would like to address a recent media report that has caused confusion regarding the Vehicle Identification Number (VIN) Valuation process. The information is misleading, aiming to distort the truth and misinform the public. 2. While it is true that a circular about “examination and release of used vehicles” has been highlighted by the author, it is regrettable that the accurate context has been overlooked. 3. The VIN Valuation Process remains fully operational and effective. The mentioned circular specifically pertains to imported used vehicles equipped with trim numbers. These trim numbers are critical in identifying distinct versions or tiers within a specific car model. They delineate varying configurations, features, and levels of equipment associated with the model. Furthermore, different trim levels offer diverse technological advancements, interior and exterior features, and, occasionally, distinct engin...