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Nairaland Forum / Nairaland / General / Business / FG To Review 500% Tariff On Alcoholic Beverages - Ngige Reveals (307 Views)
Ban On Alcoholic Beverages In Sachets In Nigeria. / CBN, FG Agency Set To Review New Regulation On Bank Customers / 500 Percent Tariff On Alcohol, Tobacco Will Be Reviewed – FG (2) (3) (4)
FG To Review 500% Tariff On Alcoholic Beverages - Ngige Reveals by BeeBeeOoh(m): 12:07pm On Jun 29, 2018 |
Chris Ngige, minister of labour and employment, says the federal government will review the newly introduced 500 percent excise duty on alcoholic beverages. https://www.thecable.ng/fg-will-review-500-tariff-on-alcoholic-beverages-says-ngige Lalasticlala, Mynd44
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Re: FG To Review 500% Tariff On Alcoholic Beverages - Ngige Reveals by debaj10: 12:10pm On Jun 29, 2018 |
a listening govt. sai baba |
Re: FG To Review 500% Tariff On Alcoholic Beverages - Ngige Reveals by wirinet(m): 12:23pm On Jun 29, 2018 |
Can someone explain the logic of the above statement to me. It seems what I was taught in ecn101 is wrong. I was taught an increase in export tariffs will lead to increase in the price of imported good, thereby making local products cheaper and subsequently boost local production and job increases. Here we are hearing the exact opposite. Should a ban or increase in duties of imported alcoholic drinks not lead to an increase in local production? Should the job losses not be affecting the countries where these alcoholic beverages are produced instead of our own? Are they telling us that Nigerians cannot produce alcoholic beverages like beer, wine, whisky, kain-kain, sapele water, etc? 1 Like 1 Share |
Re: FG To Review 500% Tariff On Alcoholic Beverages - Ngige Reveals by ZKOSOSO(m): 12:29pm On Jun 29, 2018 |
Sharia lurking around Corners ... Buhari hates the South and whatever gives them advantage over the North must captured, destroyed and stopped by force. |
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