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Customs Announces Lower Tariffs On Imported Vehicles, Sets ₦11tn Revenue Goal

6h agoen
Read on allafrica.com

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[Premium Times] The Comptroller-General of the Nigeria Customs Service, Adewale Adeniyi, has told lawmakers that the import duty on used vehicles has been reduced from 15 per cent to five per cent. In comparison, the rate for new vehicles has been cut from 20 per cent to 10 per cent.
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