Customs awaits finance ministry’s nod to begin 25% slash on imported vehicles’ duties

imported vehicles' duties

Customs awaits finance ministry’s nod to begin 25% slash on imported vehicles’ duties   The reduction in the duties on vehicles and tractors from 35 to about 10 per cent may take off next week, the Nigeria Customs Service (NCS) said on Tuesday. Comptroller-General of Customs, Hameed Ali, who disclosed this to journalists in Abuja, said the management of the service was only waiting for an official communication from the finance ministry on the matter any moment from now. He said the vehicle tariff reduction, as contained in the 2020…

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