Why FG removed 25% penalty for improperly imported vehicles

  • The Nigerian government has removed the 25% penalty imposed on improperly imported vehicles
  • The Nigeria Customs Service stated that the government also approved a 90-day window for importers to regularise their import duty payments.
  • Customs spokesman said the move is specifically for specific categories of imported vehicles in Nigeria

Legit.ng’s Pascal Oparada has reported on tech, energy, stocks, investment and the economy for over a decade.

The Nigerian government has suspended the 25% penalty on improperly imported vehicles.