car importation Archives

Zainab Ahmed: Nigeria imported 400,000 vehicles in 5 years

Zainab Ahmed, minister of finance, budget and national planning, says Nigeria imported an average of 400,000 vehicles in the last five years. Ahmed said this during a sensitisation programme on

Customs: We’ve received go-ahead to implement reduced car import levy

The Nigeria Customs Service (NCS) says it has received directive from the ministry of finance, budget and national planning, to implement the reduced import levy on vehicles. Hameed Ali, the

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Cheaper car importation, N50 bank transfer charges — highlights of 2020 finance act

The newly signed Finance Act 2020 ensures a balance between broader macro economic strategies to attract investments, grow the economy and fiscal plan for domestic revenue mobilisation in response to

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Slash in car import levy, tax relief for CACOVID — details of new finance bill

The federal government has concluded plans to slash the levy to be paid on imported cars from 35 percent to five percent. This is contained in the draft of the

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