Greatings to all Nairalanders in the house, since the last announcement made by the federal government to cut down the import duty on imported vehicles have there been any changes in the selling prices of this imported vehicles?and what other advantage should we expect from the reduction in tariff changes.?

Donedeal1:
Greatings to all Nairalanders in the house, since the last announcement made by the federal government to cut down the import duty on imported vehicles have there been any changes in the selling prices of this imported vehicles?and what other advantage should we expect from the reduction in tariff changes.?

Which Tariff? You better wake up from your slumber? Custom duties remain the same for Luxury Tokunbo Cars. Government wey dey find way to improve revenue generation to finance the budget na them go reduce duty?

Trustme2:

Which Tariff? You better wake up from your slumber? Custom duties remain the same for Luxury Tokunbo Cars. Government wey dey find way to improve revenue generation to finance the budget na them go reduce duty?

Na so, but the deduction from 35% to 5% is so huge that it should make some good reflection on the prices of vehicles, though in Nigeria you can not just predict.