FG creates vehicle database to checkmate duty evasion, theft

By Godwin Oritse

THE Federal Ministry of Finance in collaboration with the Nigeria Customs Service, NCS, has commenced moves to create a database for imported vehicles with a view to checkmating import duty evasion and theft.

Speaking at the just concluded training programme hosted by the Nigeria Custom Service, NCS, Nnamdi Nwajiuba, Business Analyst, Fourcore Technology Solutions Limited, consultant to the Federal Ministry of Finance on Vehicle Registry, VREG, said that the policy will provide lasting solutions to the menaces of Customs duty evasion, vehicle theft and vehicle-related crimes, as well as ineffective vehicle insurance coverage, among others, owing to the absence of a centralized nationwide vehicle information system.

READ ALSOMedical supplies arrive in India as coronavirus cases hit new records

Nwajiuba explained that all vehicle owners in the country are simply required to register their vehicle using their vehicle identification number on the VREG portal.

He said that the platform was connected to multiple global database and vehicle history repositories for the robust collation and storage of data for all vehicles entering the country.

He said: “By virtue of VREG’s connection to multiple stakeholders such as Nigeria Customs Services, NCS, National Insurance Commission, NAICOM, Vehicle Inspection Office VIO, Central Bank of Nigeria, CBN, and Federal Road Safety Commission, FRSC, VREG is able to provide duty payment validation, vehicle ownership documentation, vehicle insurance validation, asset assessment for the moveable asset registry, and vehicle history reporting.

The post FG creates vehicle database to checkmate duty evasion, theft appeared first on Vanguard News.

https://ift.tt/3ezeu6l by Urowayino Jeremiah via Vanguard News Albert Einstein Fools of Fortune

Comments

How to jump-start Nigeria economy post-COVID-19 Pandemic

Nwali Tochukwu Watching with consternation the fall out of events, actions, and inactions of our Nigerian leaders on mitigating the negative impact of COVID-19 Pandemic disruptions on our social and economic lives. As a young dynamic business and entrepreneurship writer, and author cum small business owner, what came into my mind as we navigate the storms of COVID-19, was a common English phrase Adages, Proverbs, first recorded in Fuller’s Gnomologia, 1732: ‘A stitch in time saves nine’ which was translated to literally, solve the problems right now! Why procrastinating? If we, as a nation wants to break away from past mistakes, and present mistakes, we should hold the bull by the horn right now. And avoid the roads of political expediency. That is exactly what the stitch in time simply stood for. Promptly address issues posed by Coronavirus. By quickly sewing up of a small hole or tear in a piece of material, so saving the need for more stitching at a later date when the whole ha

Where is Aguleri Located?

Aguleri is a prominent town often associated with the mighty river called Omabala wgiyflows through it. It is home to a lot of great men and women of Anambra Stare - notably Willie Obiano. History had it that it was the cradle of Igbo people established by Eri, son of Had, son of Jacob (you got to read your Bible babe). Where is Aguleri located? It can be foueat the north eastern part of Nigeria. They share boundaries with Kano, Umueri, Anam and Nando httpss://twitter.com/share https://google.com https://www.alexa.com/siteinfo/google.com https://www.quantcast.com/google.com https://sharedcount.com/?url=https://google.com https://www.similarsites.com/site/google.com https://facebook.com https://www.alexa.com/siteinfo/facebook.com https://www.quantcast.com/facebook.com https://sharedcount.com/?url=https://facebook.com https://www.similarsites.com/site/facebook.com https://youtube.com https://www.alexa.com/siteinfo/youtube.com https://www.quantcast.com/youtube.com

A lot of people think of actresses as prostitutes ― Joke Lawal

On-the-rise actress, Joke Lawal is living up to the title bestowed on her in 2016 as Nollywood New Bride by White Cowry Awards as the one-time City People Awards nominee is rapidly becoming a force to reckon with in the make-believe world. The Moshood Abiola Polytechnic graduate who dumped her degree in Business Administration in pursuit of her passion for acting in a chat with Potpourri has revealed what she hates about being an actress and what she would love to see a change in the movie-making landscape. ALSO READ: Buhari urges Nigerians to pray for peace, unity “I would like to change people’s perception of actresses. A lot of people think of actresses as prostitutes, they see us as people who are not worthy of marriage and having a family. If I have the power this is something I will like to change. I will also like to see a change in the way our stories are written and interpreted, and in the quality of our film productions. Another thing I would like to change too is, how po

Avarine

Search This Blog