
Suspension of the 846 Vehicle Valuation System and Urgent Need for a 90 Day Transitional Waiver
By Femi Anamelechi The Nigeria Customs Service (NCS), pursuant to its powers under the Nigeria Customs Service Act, 2023 and in alignment with government efforts to modernize customs administration, recently issued a circular directing the immediate suspension of the 846 Vehicle Valuation System. This directive further mandates that all vehicles presently on ground in terminals,…