• About
  • Advertise
  • Contact
Friday, October 3, 2025
  • Login
Vital News
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security
No Result
View All Result
Vital News
No Result
View All Result
Home National

Nigeria Customs Auctions 408 Impounded Vehicles At N4.72mln

Vital News by Vital News
September 20, 2022
in National
0
Share on FacebookShare on Twitter

The Nigeria Customs Services has auctioned 408 impounded vehicles to some firms and individuals at a cost of N4,770,000.

The vehicles were said to have been branded as scrap and sold through direct auction allocation.

For instance, 338 of the vehicles were sold to one company at N3.38m.

This was done via a letter addressed to the company, AMEX West Africa Limited, dated March 25, 2022, by the Nigeria Customs Services’ Committee on Direct Disposal of Condemned Scrap Vehicles and other Items.

The letter, obtained by the with a reference number: NCS/ADM/MGT/012/S.2/C, signed by the Chairman, Direct Disposal of Scraps Committee, Comptroller A.D Sanusi, was titled, ‘Direct auction allocation of scrap vehicles and other items.’

RelatedStories

Realnews Announces Theme, Date For It’s 13th Anniversary Lecture

65th Independence : National Broadcast By H.E Bola Ahmed Tinubu, GCFR

65th Independence Anniversary : President Tinubu To Address Nigerians

FG Cancels Independence Anniversary Parade

It read, “I am directed to inform you that the Comptroller-General of Customs, acting on the provisions of Customs and Exercise Management (Disposal of goods) Act, CAP C46, Laws of the Federation of Nigeria, 2004, hereby allocates the under-listed 338 lots of various scrap vehicles domiciled at Katsina State Area Command to your company as auction sales for the purpose of disposal, smelting and fabrication into raw materials for production valued at N3,380,000 only.

“All vehicles disposed of must be evacuated from the premises within 10 working days after payment or risk forfeiture. Furthermore, you are to note the following: Application for replacement of allocated vehicles would not be entertained. All allocation letters transferred or sold by the allottee to a third party shall be at the buyer’s risk.”

In another auction, 53 vehicles were disposed of through a letter from the committee dated September 5, 2022, to Nak Metal Steel Limited at a cost of N530,000.

Also, Gamchaka & Sons Nigeria Limited, was allocated two Toyota Camry and Mazda 626 cars at N120,000.

The section cited by the NCS to justify the sale read in part, “For the purposes of this Act, the Director (CG) shall generally have the power to sell or otherwise dispose of any goods forfeited pursuant to Section 1 of this section, and shall, in particular, be concerned with the functions; of determining the best method of sale or disposal of the goods; and where the goods are to be sold; of ensuring that such reasonable prices as may be determined by the Director are obtained in the course of such sale or disposal, and of appointing through tender (where necessary) any person or agent to buy or conduct the sale or disposal of the goods; and of ensuring that the goods shall not under any circumstances be sold or otherwise disposed of to any importer to whom the goods are or have been consigned or to any person, firm or agent connected therewith.”

A firm, Jelverson Oil & Gas Nigeria Limited, was allocated a Fiat Ducato for N80,000, Honda Accord (N30,000) and Volkswagen (N30,000), all located in Kano.

The NCS similarly sold a Mitsubishi Canter truck valued at N100,000; Toyota bus (N60,000) and Volkswagen Golf car (N20,000) to A1 Business Ltd., Abuja shopping complex, Garki Area 3.

Garbadau Global Services equally benefited from the exercise as it was allocated three pick-up vans parked in Kano at a cost of N150,000.

Three vehicles – Peugeot J5 bus valued at N80,000; V/W Golf car (N30,000) and Honda Accord (N30,000) were allocated to Team Option Services Limited, while Kusfa Nigeria, got two V/W Golf cars (#60,000) and J5 bus (N70,000). (Punch)

Tags: auctionCustomsimpoundvehicles
Previous Post

NDLEA Hands Over 4 Suspects To Police Over 18 Pump Action Rifles, 2,300 Live Cartridges

Next Post

Online Agitation, Not Grassroots Mobilisation, Gov Bello Berates Poll Favouring Obi

Vital News

Vital News

RelatedStories

National

Realnews Announces Theme, Date For It’s 13th Anniversary Lecture

October 2, 2025
65th Independence Anniversary : President Tinubu To Address Nigerians
National

65th Independence : National Broadcast By H.E Bola Ahmed Tinubu, GCFR

October 1, 2025
65th Independence Anniversary : President Tinubu To Address Nigerians
National

65th Independence Anniversary : President Tinubu To Address Nigerians

September 30, 2025
FG Cancels Independence Anniversary Parade
National

FG Cancels Independence Anniversary Parade

September 29, 2025
Court Berates EFFC Over Disregard For Rule Of Law, Orders Immediate Release Of Aisha Achimugu
Crime

Why EFCC Must Unravel Alleged Financial Malfeasance, Misapplication In Yobe By Usman Machina

September 26, 2025
Next Post

Online Agitation, Not Grassroots Mobilisation, Gov Bello Berates Poll Favouring Obi

Unbelievable : Oyo, Ogun Consume More Petrol Than Lagos, Other State – NNPC

Buhari Congratulates Marwa On Historical Seizure Of Cracks Worth N193bln

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Follow Us

Recommended

Policy Uncertainty, Inflation To Slow Down Nigeria’s Economic Growth In 2023 — World Bank

IMF Asks FG To Finalise Securitisation Of N23.7trln Loans From CBN

3 years ago
Ganduje Applauds Ododo Over Conduct of Ondo Governorship Primaries

Ganduje Applauds Ododo Over Conduct of Ondo Governorship Primaries

1 year ago

Ahead of 2023 Elections, INEC begins cleaning up of voters register

4 years ago
Kogi Trains 2,310 Youths On CNG Conversion Technology

Kogi Trains 2,310 Youths On CNG Conversion Technology

3 months ago

Instagram

    Please install/update and activate JNews Instagram plugin.

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

Topics

Abiodun Abuja APC arrest Atiku Bandits Bello Benue Buhari CBN cement Court Dangote death dies drugs Economy EFCC Election elections FG gunmen Hajj INEC Kano kidnap Kill Kogi Kwara Lagos NDLEA Niger Nigeria Ododo Ogun Oyo PDP Police Power refinery rescue road Security students Tinubu
No Result
View All Result

Highlights

Engineer Urges Nigeria To Invest In Aerospace Technology To Tackle Insecurity, Modernise Aviation

Bandits Kidnap Police Officer In Kwara

Death Toll In Ibaji Boat Mishap Rises To 36

Arrest of 147 Terrorists In One Week, Confirms Tinubu Is Boosting Troops’ Morale – Group ‎

Fubara Sacks Commissioners, SSG, SAs, SSAs

2027 : Group Holds Awareness Walk In Kogi, Reaffirms Commitment To Vision, Leadership Of President Tinubu

Trending

Kogi Vows Strict Enforcement Of Ban On Illegal Trailer Parks From  October 29
News

Kogi Vows Strict Enforcement Of Ban On Illegal Trailer Parks From October 29

by Vital News
October 2, 2025
0

The Kogi State Government says it will commence strict enforcement of ban on Zariagi, Osara and other...

Realnews Announces Theme, Date For It’s 13th Anniversary Lecture

October 2, 2025
Yakubu Gowon University Honours Deputy Commissioner Of Police, Hakeem Adedeji,  For Hard Work, Dedication

Yakubu Gowon University Honours Deputy Commissioner Of Police, Hakeem Adedeji, For Hard Work, Dedication

October 2, 2025
FG Cancels Independence Anniversary Parade

Engineer Urges Nigeria To Invest In Aerospace Technology To Tackle Insecurity, Modernise Aviation

October 2, 2025
Police Begin Manhunt For Killers Of Three Officers, Two Vigilante In Kogi

Bandits Kidnap Police Officer In Kwara

October 2, 2025
ADVERTISEMENT
Vital News

Vital News is an online newspaper with a mission to uphold professional journalism by reporting and publishing only facts and figures-based news reports across Nigeria and beyond.

Recent News

  • Kogi Vows Strict Enforcement Of Ban On Illegal Trailer Parks From October 29 October 2, 2025
  • Realnews Announces Theme, Date For It’s 13th Anniversary Lecture October 2, 2025
  • Yakubu Gowon University Honours Deputy Commissioner Of Police, Hakeem Adedeji, For Hard Work, Dedication October 2, 2025

Categories

  • Agriculture/ Water/ Mineral
  • Aviation
  • Business
  • Crime
  • Culture
  • Economy
  • Education
  • Entertainment
  • Environment
  • Football
  • Foreign
  • Gender
  • Health
  • Judiciary
  • Labour
  • Maritime/ Marine Transport
  • National
  • News
  • Oil & Gas
  • Opinion
  • Opinion
  • Politics
  • Power
  • Religion
  • Security
  • Sports
  • Tourism
  • Transport
  • Uncategorized

© 2022 Vital News - . All Rights Reserved.

No Result
View All Result
  • Frontpage
  • Business
  • Economy
  • Politics
  • National
  • Opinion
  • Sports
  • More
    • Crime
    • Judiciary
    • Security

© 2022 Vital News - Vital News by Vital News.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In