Monday, 2 January 2017

BREAKING: Nigerian Government raises Import Duties for over 20 items , the list will shock you

Government raises Import Duties on Consumable, Luxury Goods. SUVs, Sports Cars, Boats will now attract 70% duty; Alcohol, Tobacco and Rice 60%, Tokunbo Cars 35%; Industrial Components DOWN to 5%. Other major items affected are sugar cane and salt from 10 per cent to 70 per cent; beverages from 20 per cent to 60 per cent; cement, from 10 per cent to 50 per cent; cotton/ fabrics materials, from 35 per cent to 45 per cent; and used cars popular known as Tokunbo, from 10 per cent to 35 per cent.

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