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Nairaland Forum / Nairaland / General / Politics / How Else Can You Pull A Rabbit Out Of The Hat (489 Views)
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How Else Can You Pull A Rabbit Out Of The Hat by iamprincewill: 3:09pm On Sep 09, 2015 |
The new import tariff placed on cars in Nigeria have been highly overwhelming, according to the federal ministry of finance , 70% increase in new cars and 35% on used one’s which is very similar to that of 2013 where we had 70% on both, the former resulting to imported cars currently being sold between N3m and N5m will shoot up to N4.8m and N8m; while tokunbo vehicles selling for N800,000 will rise to N1.28m. while the latter’s price was being sold between N3m and N5m will shoot up to N4.8m and N8m; while tokunbo vehicles selling for N800,000 rose to N1.04m.this is expected to be a burden on the masses and will make it hard for the ordinary citizens to purchase certain cars, a country of over 170million were bulk of its citizens leave below a dollar per day. but looking at the bright side of things, this will lead to creativity in the sector and will enable the federal government to pull the rabbit out of the hat, because the policy will drive indigenous heavy weight in the car manufacturing industry to assert themselves fully.
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Re: How Else Can You Pull A Rabbit Out Of The Hat by bablong(m): 3:13pm On Sep 09, 2015 |
I would rather prefer the latter done before the former i.e. create an enabling environment to encourage auto manufacturers into the country before increasing tariff. Without this, its like employing a driver before you buy a car |
Re: How Else Can You Pull A Rabbit Out Of The Hat by POWEROFPEACE(m): 3:22pm On Sep 09, 2015 |
Find the tail |
Re: How Else Can You Pull A Rabbit Out Of The Hat by iamprincewill: 7:17pm On Sep 10, 2015 |
lol
i feel dere will b no much difference |
Re: How Else Can You Pull A Rabbit Out Of The Hat by Johnsonpa: 7:18pm On Sep 10, 2015 |
(1) (Reply)
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