Latest
Vehicle bonded terminal gets final approval from NCS
Habbas Multiventures Limited on Wednesday obtained a ‘Final Approval’ from the Licenses and Permits Directorate of Nigeria Customs Service (NCS) to commence operation as first private vehicle begin in Nigeria.
The Managing Director, Hamisu Sumaila, after receiving the approval in Abuja, thanked Comptroller-General of the Nigeria Customs Service (NCS), Col. Hameed Ali, and his management team, for creating a legitimate alternative to discourage trans-border vehicle smuggling in Nigeria.
Sumaila described the final approval as a mark of confidence reposed in Habbas Multiventures, promising that the company will strive to justify it and add value to national economy through its terminal in area of automobile business.
ALSO READ:EOs 003, 005 can solve unemployment, says NCS
He said: “We are happy that after an earlier provisional approval, followed by inspection visit to our terminal facility in Kano, the Nigeria Customs Service found us worthy for this final approval. Our members of staff are ready and willing to offer world class service in an environment for vehicle purchase, sales, and be of resource to importers of vehicular cargoes destined for the north.
“With this approval, we can now strengthen our move to ship in vehicles by sea and air, taking advantage of the unique privilege of paying duty and other charges later, as approved by government.”
The company’s venture into the business is in response to the 2017 Federal Government ban on importation of vehicles through land borders and approval for the creation of private car terminals to meet local demand.
It is pursuing a seamless and hitch-free vehicle sales and purchase business with flawless documentation and perfect completion of Customs formalities including duty payment.
-
Features1 week agoHow ADC leadership crisis put Atiku’s 2027 ambition at risk
-
Energy1 week agoNNPC plans 5–10% stock market listing, targets 2027 for IPO preparations
-
Business1 week agoLoveWorld Expo 2026 to showcase global innovations, emerging technologies in Lagos
-
Business5 days agoDisCos urge Minister to end blame game, apologise to Nigerians over blackouts
-
Latest1 week ago2027: No Court rulings can keep me off the ballot, Atiku insists
-
Latest1 week ago2027: Wike declares Obi’s political wave dead, dismisses chances of presidential victory
-
Health5 days agoStudy links Pfizer COVID-19 vaccine to higher death rates than Moderna shot
-
Latest1 week agoHow internal party disputes could shape the 2027 elections


