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Tag: FG Plans 125% Import Tariff on Tokunbo Vehicles

FG Plans 125% Import Tariff on Tokunbo Vehicles

FG Plans 125% Import Tariff on Tokunbo Vehicles The Federal Government has unveiled plans to impose 125 percent and 100 percent import tariffs on used cars and Fully Built Vehicles (FBUs) respectively under a new Nigerian Automotive Industry Development Plan. The Director of Policy and Planning...