ACCI: Senate Proposal To Effect A N5 Levy On Imported Petrol And Diesel… Bad Ide - Science/Technology - Nairaland
Nairaland Forum / Science/Technology / ACCI: Senate Proposal To Effect A N5 Levy On Imported Petrol And Diesel… Bad Ide (355 Views)
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| ACCI: Senate Proposal To Effect A N5 Levy On Imported Petrol And Diesel… Bad Ide by judchuks20(m): 9:59pm On Jun 04, 2017 |
The Abuja Chamber of Commerce and Industry says the Senate proposal to effect a N5 levy on imported petrol and diesel will further worsen the plight of the masses. The President of ACCI, Tony Ejinkeonye, in a statement on Friday in Abuja, said that the proposal would cause untold hardship to the citizens, if implemented. Ejinkeoyen quoted a media report that a Senate Committee had recommended fuel levy of N5 chargeable per litre on any volume of petrol and diesel products in Nigeria to fund road projects in the country. According to the report, other sources of revenue for the Road Fund include: International Vehicle Transit Charges and Road Funds Surcharge of 0.5 per cent tax on the assessed value of any vehicle imported into the country, among others. http://medianet.info/2017/06/03/acci-senate-proposal-to-effect-a-n5-levy-on-imported-petrol-and-diesel-bad-idea |
| Re: ACCI: Senate Proposal To Effect A N5 Levy On Imported Petrol And Diesel… Bad Ide by BRIGHTRIVERS(m): 10:06pm On Jun 04, 2017 |
Even in his absence they are still making things hard. *voice of Obahiagbon.. What a buharific country |
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