Business
Customs Impound 1,516 Vehicles Valued N1.2b
The Federal Operations Unit of Nigeria Customs Service in Lagos said it impounded 1,516 vehicles valued at N1.2 billion imported illegally in the first quarter of 2011.
Mr David Dimka, Acting Comptroller of the Unit, told journalists in Lagos on Monday that 259 persons were arrested in connection with the vehicles.
He said that five of the suspects had been sentenced to various jail terms.
Dimka said that N269.5 million was the total duty value of those vehicles while the Duty Paid Value was about N1.5 billion.
Dimka said that the service would meet its revenue target for 2011 and also ensure effective monitoring of the nation’s border posts.
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