Converseer
No Result
View All Result
  • Home
  • Politics
  • Jobs
  • Metro
  • Sports
  • Tech
  • Health
  • News
    • Business
    • Education
    • Entertainment
    • Lifestyle
    • Science & Nature
    • Tourism
  • Trends
PRICING
SUBSCRIBE
  • Home
  • Politics
  • Jobs
  • Metro
  • Sports
  • Tech
  • Health
  • News
    • Business
    • Education
    • Entertainment
    • Lifestyle
    • Science & Nature
    • Tourism
  • Trends
No Result
View All Result
Converseer
No Result
View All Result
  • Home
  • Politics
  • Jobs
  • Metro
  • Sports
  • Tech
  • Health
  • News
  • Trends

Home » News » Customs seizes 51 cars worth N1.2bn in five months

Customs seizes 51 cars worth N1.2bn in five months

July 13, 2026
in News
Reading Time: 2 mins read

The Nigeria Customs Service (NCS) says it seized 51 smuggled motor vehicles with a Duty Paid Value (DPV) of N1.18 billion between January and May 2026 as part of its ongoing anti-smuggling operations across the country.

According to seizure statistics released by the Enforcement, Investigation and Inspection Department’s Enforcement Seizure and Statistics Unit, Customs recorded 56 seizure cases involving the vehicles during the five-month period.

The data showed that the seized vehicles had a combined Cost, Insurance and Freight (CIF) value of N990.95 million, while the total duty assessed amounted to N193.77 million, bringing the overall Duty Paid Value to N1.184 bil.

According to Customs, February recorded the highest number of seizures, with 20 vehicles intercepted in 21 seizure operations, followed by January with 11 vehicles seized in 15 operations. April also recorded 11 seized vehicles, while March and May accounted for seven and two vehicles.

Meanwhile, the President of the National Association of Motor Dealers (NAMD), Prince Ajibola, said the Federal Government’s recent reduction in vehicle import duties would help curb smuggling by narrowing the price gap between legally imported vehicles and those brought into the country illegally.

According to him, the reduction in import levies is a positive development that will benefit consumers and encourage greater compliance with customs regulations.

“One of the major things that makes people think about smuggling is the high cost of clearing vehicles

“If a vehicle worth about N10 million attracts clearing charges of about N2.7 million, while someone who smuggled the same vehicle can sell it for between N8.5 million and N9 million, buyers are naturally tempted to go for the cheaper option,” he said.

Ajibola noted that lowering clearing costs would make legally imported vehicles more competitive and reduce the incentive for smuggling.

“The lower the clearing bills, the less smuggling. That is the essence of doing it,” he added.



(Ripples)

RelatedNews

2,400 civil servants graduate in CIVTECH digital skills programme in Cross River
News

2,400 civil servants graduate in CIVTECH digital skills programme in Cross River

September 17, 2026
Ukelle Town Hall Meeting: Dr Okputu Highlights North Ukelle Road Project
News

Ukelle Town Hall Meeting: Dr Okputu Highlights North Ukelle Road Project

September 15, 2026
SSDC MD/CEO Seeks Oku Ibom Ibibio’s Royal Support for South-South Development Drive
News

SSDC MD/CEO Seeks Oku Ibom Ibibio’s Royal Support for South-South Development Drive

September 15, 2026
Cross River wins 8 awards, emerges best in digital technology in Nigeria
News

Cross River wins 8 awards, emerges best in digital technology in Nigeria

September 15, 2026
Group petitions NUPRC over marginalisation of Cross River indigenes in 2026 promotion exercise
News

Group petitions NUPRC over marginalisation of Cross River indigenes in 2026 promotion exercise

September 11, 2026
Gov. Otu Appoints New Tourism Commissioner, 7 DGs, 30 SAs, 38 Directors, 32 Others
News

CRSG Cancels Local Govt Recruitment, Approves Fresh Recruitment of 4,000

September 9, 2026
Next Post

Transfer: Belgian club Genk plot move for Durosinmi

Massage therapist dies inside Dave Umahi's house

Latest News

NIDSUG restores leadership after years of crisis, elects Achu James-Utibom as president

NIDSUG restores leadership after years of crisis, elects Achu James-Utibom as president

September 18, 2026
C’River Govt Opens Application for Recruitment of Medical Officers

C’River Govt Opens Application for Recruitment of Medical Officers

September 17, 2026
How Gilbert Agbor is Mobilising Support for Otu, APC Candidates Ahead of 2027

How Gilbert Agbor is Mobilising Support for Otu, APC Candidates Ahead of 2027

September 17, 2026
LIVE STREAM: Real Betis vs Getafe | La Liga

LIVE STREAM: Real Betis vs Getafe | La Liga

September 17, 2026
C’River-Born EFCC Assistant Commander Appointed Professor of Practice by Miva University

C’River-Born EFCC Assistant Commander Appointed Professor of Practice by Miva University

September 17, 2026

Topics

  • Latest News
  • Nigeria
  • Africa
  • Europe
  • Asia
  • Americas
  • United States

Social Media

  • WhatsApp
  • Facebook
  • X (Twitter)
  • YouTube
  • LinkedIn

Special Topics

  • Column
  • Bassey Otu
  • Bola Tinubu
  • Special Reports
  • Profile & Biography
  • Opinion
  • Latest News
  • About
  • Advertise
  • Contact
  • Daily Newsletter
  • Privacy Policy
  • Terms Of Use
  • Write For Us

© 2026 Converseer.

No Result
View All Result
  • About
  • Advertise
  • Contact
  • Daily Newsletter
  • Privacy Policy
  • Terms Of Use
  • Write For Us

© 2026 Converseer.