I often wonder if our leaders(Govt) sees a different reality from what we all see.
I see no way the policy would make life better for Nigerians.
They,the policy maker can easily afford any import duty imposed on their 2014 Armoured benz Jeep while the populace are left with begging finance houses to approve to finance a new zero safe Jinseng Saloon car.
One wonder what is done with the Billions customs currently rakes into the govt purse on a daily basis? Very easy for them to squander since Nigerians only focus on "OIL MONEY".

taharqa: So India, and other nations like China and Brazil, waited until 'home made cars were available' b4 they started instituting Tariff structures in order to protect its local Auto industry, right??

These countries knew quite well that If they put in place laws that guarantee the quality of home made cars, workers rights, and make these cars affordable, automatically, their citizens will patronize them...

Don't you ask yourself why is Ford Sooo Cheap in UK, aswell as vauxhall and Skoda... These are home made brands assembled in the UK, in India, Tata sells cars that cost $1000...

One thing most Nigerians fear about home made cars is its Safety... Do we have strict enforced laws that guarantees
safety of any product in Nigeria
Kudos to Nafdac but dnt forget Dora had to seek the help of international organizations to combat fake drugs....

Our government is taking safety of Nigerians for granted, and that has to stop... And if they dnt do nothing, we'll stop them by any means...... Enough said

JOBLESS REPRESENTATIVES. VOTE THEM FOR 2ND TERM.

Are they increasing tariffs across the board or on just new cars? If they increase tariffs on new cars, one can understand that the policy may protect local manufacturers, if the policy is properly phased in. Whose interest will they be ptotecting by increasing tariffs on older cars?

The policy is similar to the oil subsidy saga. The benefit goes to the President's cronies while the masses suffer.

Government of some people,by some people n 4 ame people

they want 2 encourage home made products but minister of aviation spent tax payers $1.6m to bring in just 2 customized cars. home made just 4 second class citizens. lets see govt official take the lead in petronizing the home made if they re sincere. bunch of bigots

great1:

These countries knew quite well that If they put in place laws that guarantee the quality of home made cars, workers rights, and make these cars affordable, automatically, their citizens will patronize them...

Don't you ask yourself why is Ford Sooo Cheap in UK, aswell as vauxhall and Skoda... These are home made brands assembled in the UK, in India, Tata sells cars that cost $1000...

One thing most Nigerians fear about home made cars is its Safety... Do we have strict enforced laws that guarantees
safety of any product in Nigeria
Kudos to Nafdac but dnt forget Dora had to seek the help of international organizations to combat fake drugs....

Our government is taking safety of Nigerians for granted, and that has to stop... And if they dnt do nothing, we'll stop them by any means...... Enough said

You shld learn to be sure of what you are saying b4 making Assertions in public, so that you do not have to come across as subtly changing yr views so soon, K?.... By d way, try to download d new National Automotive Policy, and read it

iterator25: poor man...ultra poor man

TELL ME WHO AMONGST THE FUCKING LAW MAKERS CAN DRIVE INNOSON CAR, OR NIJA MADE CAR. THEY WILL STILL IMPORT JAPAN&GERMAN CARS. Y NOT GOVERNMENT PROVIDE ALTERNATIVE FOR POOR MAN INSTEAD OF INNO MY BROTHER

Laja Laba: http://www.punchng.com/business/business-economy/reps-endorse-tariff-increase-on-imported-cars/

This is endorsement by a group of visiting HOR members, I hope it will be debated on the floor of the houses because it has far-reaching effect on the masses. BTW, I know so many of these law-makers have auto shops as part of their investments, lets wait and see when it goes live now

THIS SECTOR NEED TO MAKE SOME CONSIDERATION AND PUT THINGS IN PLACE BEFORE EMBARKING ON THEIR MISSION,IF A NEW CAR WILL BE SOLD ON CASH AND CARRY INSTEAD OF INSTALLMENT PAYMENT LIKE IN THE WESTERN WORLD,THEN SMUGGLERS WILL RETURN TO THE FRONTIER....EVERY CIVIL SERVANT AND ENTERPRISE PERSON DESERVE A NEW CAR FOR INSTALLMENT PAYMENT AFTER HE OR SHE MUST HAVE PAID 30% OR 50% OF THE CAR VALUE:

EVEN IN THE SAID WESTERN WORLD,THE POOR BUYS THE USED (2ND HAND) CARS FOR USE SO ALL ANIMAL ARE NOT EQUAL,WE MUST NOT KEEP THINKING AND FAVOURING THE RICH WHILE THE POOR SUFFER,THE RIGHT THING MUST BE ADDRESSED TO MAKE THIS WORK,SOME COMPANIES ARE SELLING RANGE ROVER SPORT AT N35MILLION WHILE IT IS SOLD N6MILLION EQUIVALENT IN EUROPE (€35000).

This administration is getting more looney by the day.


I honestly believe they would struggle to run a beer parlour and buka successfully

Imported cars: Reps fault FG on higher tariff

OCTOBER 16, 2013 BY JOHN AMEH, ABUJA 4 COMMENTS



Members of the House of Representatives on Wednesday disagreed with the Federal Government’s decision to raise tariff payable on cars imported into the country.

The new tariff regime, a fallout of the government’s Automative Industrial Policy Development Plan, implies that Nigerians will pay heavier tariff on cars they import into the country than previously obtained.

The aim of the policy is to discourage imports and encourage the setting up local car assembly plants and drive the supply chain in the country.

The Minister of Industry, Trade and Investment, Olusegun Aganga, indicated two weeks ago that the new regime was expected to kick off on October 4.

The lawmakers, however, failed to agree on the relevance of the policy on Wednesday in Abuja.

The Minority Leader of the House, Mr. Femi Gbajabiamila, observed that higher tariff on cars would be an “added burden” on “impoverished Nigerians.”

He also argued that there was no country where government would begin to tax its citizens ahead of a policy that was yet to take off.

Imported cars: Reps fault FG on higher tariff

OCTOBER 16, 2013 BY JOHN AMEH, ABUJA 4 COMMENTS



Members of the House of Representatives on Wednesday [color=#550000]disagreed [/color] with the Federal Government’s decision to raise tariff payable on cars imported into the country.

The new tariff regime, a fallout of the government’s Automative Industrial Policy Development Plan, implies that Nigerians will pay heavier tariff on cars they import into the country than previously obtained.

The aim of the policy is to discourage imports and encourage the setting up local car assembly plants and drive the supply chain in the country.

The Minister of Industry, Trade and Investment, Olusegun Aganga, indicated two weeks ago that the new regime was expected to kick off on October 4.

The lawmakers, however, failed to agree on the relevance of the policy on Wednesday in Abuja.

The Minority Leader of the House, Mr. Femi Gbajabiamila, observed that higher tariff on cars would be an “added burden” on “impoverished Nigerians.”

He also argued that there was no country where government would begin to tax its citizens ahead of a policy that was yet to take off.

To me this policy is senseless at this time. first they must be able know the primarily reason why investors are not encouraged to come to Nigeria. First the necessary infrastructure are not in place, Power, good transportation system - means of moving goods from one part of the nation to another (where there is the means, it comes as a high cost) which of course will increase their cost of production as compared to other part of the world, then necessary tax relief that will encourage them. Nigeria already has one of the highest import tax, and tarrif, so I should have expected a govt that has the masses in mind, to first make Power supply available( so the industries will no bear the extra cost of generating power for themselves), provide substantive tax relief including import tax relief of the raw materials for the auto-industries for a given period to enable them get well established, with all these, their overall cost of production will not be as high as it will be giving the present state of infrastructure in the country. This will also reduce the cost of the cars the will produce. Over Govt is only interested in collecting and collecting without minding the effect it will have on the masses. Increasing the Tarriff to me is not the solution to the problem of the auto-industry in nigeria. The problem is majorly the high cost of doing business in Nigeria. That should be tackled first!

Trust me on this anybody that support this policy is nothing but a muppet hahaha mehn im seriously having a laugh here.....Where is the electricity?are they not producing cars in South Africa?is there no other way around this?

[size=13pt]Oh yeah. . .oga jona and his gang @ it again. They are cut out of the reality on ground and so make clueless policies with reckless abandon. This is just tantamount to killing a mosquito, with a sledge hammer[/size]

inspired_m: Clueless Government.

Increase Tarrif on Older Vehicles and Reduce Tarrifs on New Model Vehicle, Government Should Encourage Importation of Newer Model vehicles.

.

oga I hope you are saving. In a bid to create phantom jobs the government wants to ruin established businesses like yours all the way to the mega importers like coscharis motors. Oga it is time to diversify big time.

The future of this country is at stake

taharqa: You shld learn to be sure of what you are saying b4 making Assertions in public, so that you do not have to come across as subtly changing yr views so soon, K?.... By d way, try to download d new National Automotive Policy, and read it

Taharqa, could you share a link to download the new National Automotive Policy document?

great1: If Jonathan Dare Increase Tarriffs on imported cars, he should forget returning back to Aso Rock.. Seems like he doesn't care about the masses, how can he on one hand increase the age of cars imported into the country and on the other hand increase import duties...Until homemade cars are made affordable like in India, he shuld know that not everyone can afford these new cars...

Do we have Job security yet What laws are being put in place to strenghten workers right

Its hard to trust those dishonorable reps, and the laws they making... If its not favourable to the common man, then I dnt wana know.. But one thing that Jonathan and his croonies must remember is that, investors coming into the country are only coming here to rip the resources we have left and channel it back to their countries...

I think its time to make laws that will strengthen our society and empower the masses...

Enough of the stealing!!!!!!

Yep! U made point but he made a "nice" move.
Nigeria is now serving as World Dust Being and something need to be done about it.
You said somthing about job opp, this is the greatest way of providing job opp for the masses. All hail Mr President.

Od31: To me this policy is senseless at this time. first they must be able know the primarily reason why investors are not encouraged to come to Nigeria. First the necessary infrastructure are not in place, Power, good transportation system - means of moving goods from one part of the nation to another (where there is the means, it comes as a high cost) which of course will increase their cost of production as compared to other part of the world, then necessary tax relief that will encourage them. Nigeria already has one of the highest import tax, and tarrif, so I should have expected a govt that has the masses in mind, to first make Power supply available( so the industries will no bear the extra cost of generating power for themselves), provide substantive tax relief including import tax relief of the raw materials for the auto-industries for a given period to enable them get well established, with all these, their overall cost of production will not be as high as it will be giving the present state of infrastructure in the country. This will also reduce the cost of the cars the will produce. Over Govt is only interested in collecting and collecting without minding the effect it will have on the masses. Increasing the Tarriff to me is not the solution to the problem of the auto-industry in nigeria. The problem is majorly the high cost of doing business in Nigeria. That should be tackled first!

You took words out of my mouth. Our govt. is putting the cart before the horse.

victorazy:
Yep! U made point but he made a "nice" move.
Nigeria is now serving as World Dust Being and something need to be done ablout it.
You said somthing about job opp, this is the greatest way of providing job opp for the masses. All hail Mr President.

This is not the greatest way to create jobs for the populace. The greatest way to do so is by building a solid network of good roads in Nigeria, providing stable power supply, improving the security of country, developing the broadband internet infrastructure, and improving the public education sector. Doing all these things creates an enabling environment that invariably attracts investors to establish industries.

At the very least stable power and good roads should have been in place before this policy was instituted.

victorazy:
Yep! U made point but he made a "nice" move.
Nigeria is now serving as World Dust Being and something need to be done about it.
You said somthing about job opp, this is the greatest way of providing job opp for the masses. All hail Mr President.

No reasonable person is saying the policy is not good but we need to put alot of things in a place first.

Princek12:

This is not the greatest way to create jobs for the populace. The greatest way to do so is by building a solid network of good roads in Nigeria, providing stable power supply, improving the security of country, developing the broadband internet infrastructure, and improving the public education sector. Doing all these things creates an enabling environment that invariably attracts investors to establish industries.

At the very least stable power and good roads should have been in place before this policy was instituted.

We can't wait until all these things u aforementioned to be put in place before we can work plz, afterall some places in Nig enjoy 24 hour light "Rome was not built a day". And who told u we don't have good roads?.

Laja Laba: No reasonable person is saying the policy is not good but we need to put alot of things in a place first.

We can't wait anymore sir "if Muhamed don't go to the Mountain, Moutain will come to Muhamed" until is difficult to bring in cars we won't try to build ours "is only when their is sickness dat the hungry of the cure will come in".

inspired_m: Clueless Government.

Increase Tarrif on Older Vehicles and Reduce Tarrifs on New Model Vehicle, Government Should Encourage Importation of Newer Model vehicles.

.

maybe heartless is a better word. where are the locally manufactured cars to start with?
they just want to spoil good business for people like you.

victorazy:
We can't wait until all these things u aforementioned to be put in place before we can work plz, afterall some places in Nig enjoy 24 hour light "Rome was not built a day". And who told u we don't have good roads?.


We can't wait anymore sir "if Muhamed don't go to the Mountain, Moutain will come to Muhamed" until is difficult to bring in cars we won't try to build ours "is only when their is sickness dat the hungry of the cure will come in".

No be this same Nigeria?okay

Government doesn't give a d@mn about the masses!!!!!
after all their officials can waste taxpayers money buying $1.6million bmws

Vires: Government doesn't give a d@mn about the masses!!!!!
after all their officials can waste taxpayers money buying $1.6million bmws

Trouble days ahead