Nigeria Customs Service Clarifies Misleading Report on Vehicle Identification Number (VIN) Valuation Process

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 earlier circulation specifically pertains imported used vehicles equipped with trim number. These trim numbers are critical in identifying distinct versions or tiers within the specific car model. They delineate varying configuration, features, and levels of equipment associated with the model.  Furthermore, different trim levels of offer diverse technological advancements, interior and exterior features and occasionally, distinct engine options.

4. For instance, a car model should feature trim levels such as “Base”, “Sport,” “Luxury” and ‘Premium”. Each of these trim levels might present differing combination of attributes, such as premium leather seats, advanced infotainment systems, upgrade wheels and enhance safety features, among other enhancements. This results in an elevated value for the vehicle compared to the base model.

5. To ensure fairness and accuracy, the NCS mandates that imported used vehicles with trim numbers undergo valuation at the Valuation Seat after a through examination. This process aims to establish the vehicle’s appropriate and precise Customs value.

ABDULLAHI MAIWADA

Chief Superintendent of Customs

National Public Relations Officer

for Comptroller General of Customs

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