Nigerian Gov defends 70% import duty on vehicles

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Published (Updated) on Wednesday, July 2, 2014
The Federal Government on Wednesday defended its auto policy that requires vehicle importers, who do not manufacture locally, to pay 70 per cent duty on imported cars.
Mr. Aganga, however, said the few local vehicle manufacturing plants in the country would get extra concessions of being allowed to import vehicles at 35 per cent duty...»»[Premium Times]Read More...
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