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Nairaland Forum / Nairaland / General / Business / FG Slashes Import Duties On 115 Items (27424 Views)
Uk Slashes Import Of Nigerian Oil By 60% / FG Raises Import Duties On Luxury Goods, Food Items That Have Local Alternatives / Government Raises Import Duties On Consumable, Luxury Goods (2) (3) (4)
Re: FG Slashes Import Duties On 115 Items by truthspeaks: 7:28am On Jan 05, 2017 |
Ok |
Re: FG Slashes Import Duties On 115 Items by AZeD1(m): 7:29am On Jan 05, 2017 |
ivandragon: If you had read with an open mind, you'd have understood what was written. It says ”For machineries and equipment used in sectors such as agriculture , cement, hospitality , power , iron and steel , solid minerals , textile and aviation , the government, according to the circular , approved a zero import duty" Which translates to if you are importing machines that are used to make cement in Nigeria, you'd pay no import duty. 4 Likes |
Re: FG Slashes Import Duties On 115 Items by jayAjoku(m): 7:31am On Jan 05, 2017 |
i just dey observe dey wait for Ndi wailers and Haters in the meantime. AGU NA GU'UM hope this will yield fruits 2 Likes |
Re: FG Slashes Import Duties On 115 Items by agabusta: 7:31am On Jan 05, 2017 |
Integrityfarms: Wailing suffering zombie, lacking the capacity for critical reasoning. Keep waiting for free manna. Your wailing has just started! 1 Like |
Re: FG Slashes Import Duties On 115 Items by meetvic: 7:32am On Jan 05, 2017 |
ivandragon: It is zero import duties on machineries for manufacturing cement. 2 Likes |
Re: FG Slashes Import Duties On 115 Items by lielbree: 7:33am On Jan 05, 2017 |
What about furniture? |
Re: FG Slashes Import Duties On 115 Items by anjowaka510(m): 7:33am On Jan 05, 2017 |
A good beginning i heard makes good ending,likes if u subscribe to this. |
Re: FG Slashes Import Duties On 115 Items by ganye1: 7:34am On Jan 05, 2017 |
ivandragon:My friend where did you see zero import duty on cement? Is it a problem of comprehension or mischief? What I saw and I quote is: 'For machineries and equipment used in sectors such as agriculture , cement, hospitality , power , iron and steel , solid minerals , textile and aviation , the government, according to the circular , approved a zero import duty.' 6 Likes 1 Share |
Re: FG Slashes Import Duties On 115 Items by Integrityfarms(m): 7:34am On Jan 05, 2017 |
agabusta: Hahhaaahhaa! I don't give a Bleep about the government. Am my self boss and I care less of your political rantings! Happy New Year! |
Re: FG Slashes Import Duties On 115 Items by valJR(m): 7:36am On Jan 05, 2017 |
tit:what is this one saying |
Re: FG Slashes Import Duties On 115 Items by agabusta: 7:37am On Jan 05, 2017 |
Integrityfarms: And who gives a hoot whether you exist? No be you come do 'notice me'? Abeg park well. Happy new year to u too. 2 Likes 1 Share |
Re: FG Slashes Import Duties On 115 Items by Sutherland(m): 7:39am On Jan 05, 2017 |
Read properly before you comment, it says merchinery used in cement sector, open your eyes and mind and look at the brighter side of this government. 1 Like |
Re: FG Slashes Import Duties On 115 Items by adioolayi(m): 7:39am On Jan 05, 2017 |
Seems building materials go drop price.... kudos |
Re: FG Slashes Import Duties On 115 Items by 0b10010011: 7:40am On Jan 05, 2017 |
2017 is the year of complete turn-around for Nigerians and our economy. Bishop prophesy has already failed on arrival. All indexes re already showing a vibrant and robust economy. God bless The Federal Republic Nigeria 1 Like |
Re: FG Slashes Import Duties On 115 Items by agabusta: 7:41am On Jan 05, 2017 |
ivandragon: Cement manufacturing equipment. Please read again. And ensure your sense of comprehension and reasoning is alive to pick what I highlighted below. The circular also reinforced the ban placed on the importation of some items . 1 Like 1 Share |
Re: FG Slashes Import Duties On 115 Items by Nobody: 7:42am On Jan 05, 2017 |
for machineries and equipment used in sectors such as agriculture , cement, ivandragon: |
Re: FG Slashes Import Duties On 115 Items by Twinflakez(m): 7:43am On Jan 05, 2017 |
QuotaSystem:That's not the problem. The problem rather is his incessant back and forth motion. The man is just not consistent. 1 Like |
Re: FG Slashes Import Duties On 115 Items by Twinflakez(m): 7:45am On Jan 05, 2017 |
QuotaSystem: That's not the problem. The problem rather is his incessant back and forth motion. The man is just not consistent. |
Re: FG Slashes Import Duties On 115 Items by saintkash(m): 7:51am On Jan 05, 2017 |
ivandragon: My brother read it again. .not zero import duty on cement but rather on machines used in cement production. 2 Likes 2 Shares |
Re: FG Slashes Import Duties On 115 Items by odogwubiafra: 7:51am On Jan 05, 2017 |
QuotaSystem: Without the availability of forex, if they like let them pay subsidy on those items, there is still a major problem with this man piloting the affairs os this country. 1 Like |
Re: FG Slashes Import Duties On 115 Items by Kennyquestt: 7:52am On Jan 05, 2017 |
Of what use is the slash of import duty when exchange rate is still very high |
Re: FG Slashes Import Duties On 115 Items by bsalawu: 7:52am On Jan 05, 2017 |
ivandragon:On machinery and equipment of producing cement. Reading within context is important. |
Re: FG Slashes Import Duties On 115 Items by Standing5(m): 7:54am On Jan 05, 2017 |
Integrityfarms:For every Naija product, there is a local manufacturing sector that needs to stay afloat also. 1 Like |
Re: FG Slashes Import Duties On 115 Items by agabusta: 8:00am On Jan 05, 2017 |
careytommy7: It is you wailing zombie that is actually brain dead and blind. If you are not brain-dead and blind, how come you didn't see it in the write-up that they were only referring to equipment used in the cement industry and not cement itself. How come your blind self also failed to see the 2nd to the last paragraph where the ban on bagged cement was reiterated. Chai, hatred has made a lot of people to lose their sense of comprehension and reasoning. |
Re: FG Slashes Import Duties On 115 Items by agabusta: 8:05am On Jan 05, 2017 |
Twinflakez: As per the perspective of the story, can u pls tell us how?? |
Re: FG Slashes Import Duties On 115 Items by ivandragon: 8:06am On Jan 05, 2017 |
ivandragon: my bad... I stand corrected... |
Re: FG Slashes Import Duties On 115 Items by GogetterMD(m): 8:10am On Jan 05, 2017 |
So no hope o getting Persil detergent in retail stores again? |
Re: FG Slashes Import Duties On 115 Items by nawebco(m): 8:13am On Jan 05, 2017 |
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Re: FG Slashes Import Duties On 115 Items by LockDown69(m): 8:13am On Jan 05, 2017 |
tit:You're a miserable fool, only an illiterate or ignorant citizen won't see reason in this move, get wise and tap into this reduction and total ban on some of these items. |
Re: FG Slashes Import Duties On 115 Items by ivandragon: 8:17am On Jan 05, 2017 |
ephemm: I have owned up to my error. hate has nothing to do with this ok.? or what would you say about the ERISCO issue? isn't it the same machinery & equipment that the man was complaining about that some people here were asking 'who erisco help? either way, I stand corrected. |
Re: FG Slashes Import Duties On 115 Items by giddykay: 8:28am On Jan 05, 2017 |
QuotaSystem:bros calm down.. you should know that Nigerians are complex to the point that they won't mind the reduction and continue selling produce at the same escalating rate all in d name of greediness..then how will d changes got stabilised..?? The affliction we are giving ourselves is even much than the government...naija ti sumi |
Re: FG Slashes Import Duties On 115 Items by Btruth: 8:31am On Jan 05, 2017 |
Any reduction on the export commodities duties too? To encourage more people to come into export business? |
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