Clearing Agents Want Gov’t To Increase Age Limit For Imported Vehicles, Reveals Preferred Age

Agents say Nigeria's auto policy is a scam that benefits few individuals
July 13, 2022

Nigerian clearing agents has requested that the Nigerian government review its automotive policy, with the age limit for imported vehicles said to be one of the areas in need of change.

The acting national president of the clearing agent umbrella, Association of Nigerian Licensed Customs Agents (ANLCA), Kayode Farinto, made this known on Tuesday, stating that the automotive policy only benefits few individuals.

Join our WhatsApp Channel

He said the age limit of imported vehicles, which is currently 12 years should be raised to 15 years. Farinto also urged the government to put an end to uncertainty surrounding the industry’s policy, as it affect business decisions.

According to Farinto, the trial and error of the government must be stopped, as he condemned the regular change of transportation minister. He explained that such action is making the sector stagnant.

What Nigerian clearing agents boss requested for

In the statement, the leader of ANLCA opined that, “The age limit on imported vehicles needs to be reviewed to at least 15 years from the current 12 years. The entire auto policy is a scam that has continued to enrich a few individual Nigerians at the detriment of our economy.”

He added, “With the introduction in the last 10 years or more, we are unable to produce ordinary radiator, meanwhile few people are smiling to the banks with our money under the guise of being local assemblers and manufacturers. It is high time we revised this policy.”

Part of Farinto’s statement further reads, “This trial and error of the government must be stopped forthwith, just when we thought there is eureka in the transportation ministry, the government decides to change the minister to bring a new person that will start learning and commence visitation in the next three months.

“We are stagnant and not really moving forward with these retrogressive steps every time and it is encouraging neocolonialism.

“The federal government in line with international best practices needs to reorganise and re-orientate the management of the Nigeria Customs Service (NCS) from the present moribund one.

“The present one has continually brought confusion to the trading community with her high-handedness, without control and checks to the extent that the federal ministry of finance has lost her supervisory role, hence the high level of non-professionalism of the service to the nation.”

+ posts
Previous Story

Tinubu’s Muslim-Muslim Ticket Dead On Arrival, Will Drag APC To The Pit, Says Babachir Lawal

Next Story

China’s Biggest Bank Scam Triggers Multiple Protests, Gov’t Takes Action

Featured Stories

Why CBN Retained Bencmark Interest Rate At 27.5%

CBN: Curbing Bank Frauds

By Arize Nwobu The Central Bank of Nigeria ( CBN) is in the forefront and in collaboration with other regulatory institutions to

Latest from Business

CBN Further Raises Benchmark Interest Rate To 27.25%

CBN Allows Use of Expired Drug Licences

Nigeria’s central bank has approved a temporary measure allowing importers to use expired drug regulatory licences to process import documentation, in a move aimed at preventing disruption to trade. The Central Bank of Nigeria (CBN) said licences issued by the National Agency
Previous Story

Tinubu’s Muslim-Muslim Ticket Dead On Arrival, Will Drag APC To The Pit, Says Babachir Lawal

Next Story

China’s Biggest Bank Scam Triggers Multiple Protests, Gov’t Takes Action

Don't Miss

Aisha Buhari

Aisha Buhari Trends For Sharing Fake CBN Release

First Lady Aisha Buhari is currently trending on social media,
Buhari

Northern Youths To Buhari: Take Nigeria Back To Security Level Under Jonathan

The Coalition of the Northern Groups has lamented the alarming