Automobile Workers Kick Against FG Move To Slash Vehicles Duty To 10% - Car Talk (3)

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Automobile Workers Kick Against FG Move To Slash Vehicles Duty To 10% - Car Talk (3) - Nairaland

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FG Reduces Duty On Cars To 10% / FG To Slash Levy On Imported Cars To 5% From 35% / Ghana Has Kantanka Automobile, Nigeria Has Innoson (PHOTOS) (2) (3) (4)

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Re: Automobile Workers Kick Against FG Move To Slash Vehicles Duty To 10% by slimfit1(m): 1:30pm On Jan 30, 2019

Not a smart idea by the customs. The are surely not working hard enough. We can make our system hard for people to bring in smuggled vehicles. We dont even know the amount of vehicles we have.

Re: Automobile Workers Kick Against FG Move To Slash Vehicles Duty To 10% by slimfit1(m): 1:33pm On Jan 30, 2019

Privettoall:
It is a tough one. To be honest, which local manufacturer is here? Let us face it. They import all raw materials and just assemble here. Is that manufacturing? Until Ajaokuta steel starts working, my view is we cannot manufacture.

Well, if govt wants to help them, let them make it mandatory for govt departments to patronize them.

Reduce the damn levy even to 5% and custom duty to 5% making it a total of 10% for 5 years used cars and new cars. Increase 6 years to 10 years to 20%, and make older ones cost more. No need to ban. Let us see how smugglers and thieves will operate. And this will help our roads too. Newer cars everywhere. Ozone layer will be protected too from smokes from older vehicles. More jobs - automobile experts and repairers will get more jobs. Polythecnics and universities graduates will move more into diagnostics and more technical areas. Training firms will come out too. Just let there be more sophisticated and better cars here.

Just imagine we pay 70% more for every new cars we buy from abroad to custom. Custom funny ooo. They do not want their own cut down but the other levy. Lol. Shipping cost is there ooo. And tips too. Meaning we pay 2 times for every new car we buy in Naija from abroad. So why will there be good cars in Nigeria? Why will the few who can afford it not oppress the common men. Why will the commen men not worship the few that are priviledged. Why will artists not show off common Toyoto SUV. Lol. Naija!

Honestly, wrong people in govt in this country. Even local manufacturers that cannot compete sef want to talk. Instead of them to always work hand in hand with these custom people too. Custom that bribery and corruption have killed. Local manufacturers better find ways to quickly negotiate before they are crushed finally. Na Buhari send you people? Na Jonathan you people can do shakara ooooo. Not Buhari. That one sabi good economic principles? A dey laugh in Swahili.

No country or car makers build cars and have all the materials they all import one part or the other.

Re: Automobile Workers Kick Against FG Move To Slash Vehicles Duty To 10% by Nikea: 1:34pm On Jan 30, 2019

Nigeria does not have the comparative advantage in automobile production. It is punishment to the masses to have such a high duty on what we lack both expertise and resources to produce efficiently. Good move. Increase levy only on industries where we have comparative advantage.

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Re: Automobile Workers Kick Against FG Move To Slash Vehicles Duty To 10% by collinsprince: 2:30pm On Jan 30, 2019

OrientDailyNews:

https://orientenergyreview.com/maritime/automobile-workers-kick-slash-vehicles/

Re: Automobile Workers Kick Against FG Move To Slash Vehicles Duty To 10% by Yankee101: 3:24pm On Jan 30, 2019

You're not producing enough locally and at the right price to boost the economy. In the meantime people are importing through Cotonou which is cheaper and bringing it in through the land borders almost for free. The only way forward is to encourage local production with subsidies and divert those Cotonou inflows to tincan Lagos by using attractive tariffs.

Else we'll keep tarrifs high but more cars will still be coming in at our expense.

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Re: Automobile Workers Kick Against FG Move To Slash Vehicles Duty To 10% by RTSC: 4:13pm On Jan 30, 2019

helinues:
Na wah oo

FG are trying their best to do the right thing for the masses, so few people in the name of manufacturers are kicking against it

But it was the same federal government under buhari that increased it when people like us were shouting he should not.

The excuse clowns like you gave was that " Nigerians like easy life, and buhari wants to build the economy from scratch by doing it the hard way"

Una get sense at all!?

I am sure if buhari increases it again, people like you will give that same response I just said.

Re: Automobile Workers Kick Against FG Move To Slash Vehicles Duty To 10% by Fhemmmy: 5:16pm On Jan 30, 2019

Nukilia:
An attempt to kill local car manufacturing industries.
Almajiri comptroller

How many of them and what is the % of the population that is hired by this sector compared to the % car importation industry is hired

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