Please see below for some great news we received from overseas in Nigeria. The proposed tariff increase has been delayed once again.
Again, FG defers collection of 35% levy on used vehicles
The Federal Government through the National Automotive Council (NAC) has again shifted the implementation of the 35 percent levy on imported used vehicles expected to commence today, July 1st 2015 to an undisclosed date.
This is the fourth time in one year that the implementation of the second phase of the auto policy will be postponed after it was first moved from July 2014 to January 2015, then to April and subsequently to July 1st.
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