VIN implementation has raised some didt. Customs called for an all-encompassing stakeholders engagement on it.
Uzor Odigbo
The Nigeria Customs Service, on Monday, backtracked from its previous decision to continue with the implementation of the Vehicle Identification Number (VIN) valuation system, as it has called for an all-encompassing stakeholders engagement.
The meeting which is expected to hold today at the Nigeria Customs Training School, Ikeja, is meant to iron out among other things all gray areas identified in the VIN valuation.
Freight forwarders had penultimate Monday staged a protest against the implementation.
READ ALSO
40% of Nigerian youths jobless; angry, restless — Adesina
At the weekend, both the Motor Dealers Association of Nigeria (MODAN) and Maritime Workers Union of Nigeria (MWUN) threatened to join the protest if the service refused to halt the implementation.
A notice issued by the service National Public Relations Officer, Deputy Comptroller of Customs (DC) Timi Bomodi, revealed that the meeting would deliberate on the recently introduced VIN-Valuation System and the challenges being experienced by stakeholders
About VIN (Culled from AutoCheck)
The car’s vehicle identification number is the identifying code for a SPECIFIC automobile.
It serves as the car’s fingerprint, as no two vehicles in operation have the same. It is composed of 17 characters (digits and capital letters) that act as a unique identifier for the vehicle.
A VIN displays the car’s unique features, specifications and manufacturer. The VIN can be used to track recalls, registrations, warranty claims, thefts and insurance coverage.
Once you have verified that the VIN is definitely less than 17 characters, it is most likely from a pre-1981 vehicle.
Prior to 1981, VINs varied in length from 11 to 17 characters. AutoCheck can only report on vehicles that use a 17 character VIN. Therefore, information on vehicles manufactured before 1981 is limited.