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Nigeria Increases Tarrif On Imported Cars To 70%. Wahala Dey Oh. - Politics - Nairaland

Nairaland Forum / Nairaland / General / Politics / Nigeria Increases Tarrif On Imported Cars To 70%. Wahala Dey Oh. (765 Views)

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Nigeria Increases Tarrif On Imported Cars To 70%. Wahala Dey Oh. by tiwiex(m): 8:04am On Nov 25, 2013
I just read online that the import duties on cars would be increased to 70% from about 20%.
Curiously, madam Okonjo says that car assembly plants would still be able to import fully assembled cars at 35%. If we are encouraging local assembly, why should the same local assembly plant import at 35% while i import at 70%?

Can Nigerians handle this? Let us forget about academic economics. Na the same academic economics dem use bring SURE-P yet we are worse off.

Read full article here http://www.punchng.com/news/prices-of-imported-cars-to-rise-by-60/

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