was a drop of about 40 per cent in the number of imported vehicles that came into the country between January and October this year through the Ports & Terminal Multipurpose Limited compared to the figure for the same period of the previous year.
Clearing agents operating at the nation’s maritime industry have blamed inconsistent government policies and the newly introduced Vehicles Identification Number for clearing of imported vehicles as reasons behind the decrease. Though he admitted that the levy had been there before now, Alor, however, said it was not up to five per cent as against the 15 per cent the clearing agents were now being asked to pay.
Okafor stated, “It is no longer news that we have almost 61per cent reduction in importation of vehicles, it is very clear and open, it is an open fact and it is caused by policies. The VReg is causing problems; as I am talking to you now, to get VReg is hard and without it you can’t access anything. So, all these are making things difficult for clearing of cargoes and vehicles out of the ports; it is not a hidden thing.
“So, the people who are importing these cars are not even keen again to do the business; if they bring in the vehicles, a lot of people may not have the money to buy the cars. If you go to the PTML in Mile 2, there is almost no one there, because that is where all these small vehicles come through and TinCan is where the executive vehicles come through. So, you can see how it is affecting the whole thing.
anybody that want continuity of this administration will never enjoy the purpose of coming to this world, none of their policies is useful to an average Nigerian.
It's not actually the clearing price, it's the dollar exchange rate