(Rtd) has sought a reduction in vehicle import duty from 75 per cent to 45 per
cent for brand new vehicles.
brand new vehicles (35 per cent Levy for the National Automotive Council policy
and 35 Customs Duty) had driven importers to other ports and increased
smuggling of vehicles into Nigeria.
has become unattractive due to high level measures that resulted in 21,335
seizures with N92.384bn duty paid value (DPV) in four years.
the 2019 business year, the Nigeria Customs Service hopes to surpass the N1.2
trillion it generated in 2018, Ali added.