NCS  lifts 25% penalty on improperly imported vehicles In a move aimed at alleviating economic burdens and promoting compliance, the Nigeria Customs Service (NCS) has announced the suspension of the 25% penalty previously imposed on improperly imported vehicles. Under the directives of the Honourable Minister of Finance and Coordinating Minister of the Economy, a 90-day window has been initiated, effective from March 4th to July 5th, 2024, allowing for the regularisation of import duties on specific categories of vehicles. The decision comes as part of efforts to provide relief to stakeholders, including...