The Customs proposed a ban on importation of vehicles that had been used for more than seven years

Ali, however, decried that the African Continental Free Trade Area and the World Trade Organisation agreements entered into by Nigeria were already affecting the country’s revenue negatively.

The Customs proposed a ban on importation of vehicles that had been used for more than seven years.

Chairman of the committee, Leke Abejide, said the lawmakers would retain the targets on duties and Value Added Tax collection as the Customs was able to surpass the reduced target during the lockdowns while the COVID-19 pandemic was already over.

Abejide said, “The 2021 proposal that Customs brought to us; we compared notes of what was presented to us in the 2020 fiscal year and what was collected by the service. There was a proposal of N1.4tn.