Agents kick against VREG levy on imported vehicles

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Licensed Customs agents have opposed the imposition of the National Vehicle Registry levy on imported used vehicles at the ports.

Also speaking, a member of the Association of Nigerian Licensed Customs Agents, Mr Ojo Akintoye, said, those levies contribute to the challenge of multiple taxes that importers were grappling with.

“If they collect an average of like N10,000 for 10,000 vehicles that come to this country monthly, and they still collect duty, seven per cent port development levy, NAC and all that. Why all these? If you put together what these importers are paying daily, it should be around N500m daily on VREG. If you look at the number of vehicles that come to this country daily, you will understand what I am saying,” he argued.

 

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