School And Employee Bus Services Global Market To Grow At Rate Of 10% Through 2026
The Business Research Company’s School And Employee Bus Services Global Market Report 2022: Market Size, Trends, And Forecast To 2026
Source: einnews.com
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Stakeholders push for local assembling to check losses for smuggling, illegal importation
The Federal Government may be losing half of its revenue from import duties on vehicles, as about 50 per cent of them come into the country, illegally.
Source: guardian.ng
Derision of Tariff Reduction
Eromosele Abiodun writes that the reduction of duties on imported vehicles by the federal government has become a charade as officers of the Nigeria Customs Service now use various charges to extort importers and victimise clearing agents at the ports In November 2013, the federal government announced the introduction of a new automotive policy, which was geared towards discouraging the importation of wholly assembled automobiles and encouraging local manufacturing. Specifically, the policy allows local assembly plants to import completely-knocked-down vehicles at zero per cent duty, and semi...
Source: thisdaylive.com