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Nairaland Forum / Nairaland / General / Car Talk / Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun (29595 Views)
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Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by jhydebaba(m): 12:56pm On Aug 20, 2016 |
As the Federal Government commences the disposal of assets confiscated from past government officials, Minister of Finance, Kemi Adeosun has disclosed that the price of just a single piece of seized jewellery is enough to buy a house. http://thenigerialawyer.com/duties-on-tokunbo-cars-to-be-reduced-says-kemi-adeosun/ 9 Likes 2 Shares
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Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by calculusx(m): 1:12pm On Aug 20, 2016 |
Miss Minister Inflicting Pain and hardship on Nigerians all because you want to raise revenue? I don't understand her kind of economics, increasing tariff discourage importation which means many jobs will be lost. Grimaldi has sacked almost 80% of their drivers because few people still import Cars. High Tariff means low revenue. Why not reduce tariff to encourage importation so you can generate more revenue since we can't manufacture Cars in Nigeria for now. Watching this administration with 3D 13 Likes 2 Shares |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by jarkbauer: 1:23pm On Aug 20, 2016 |
calculusx: I thought she said they are reducing import duty. 146 Likes 6 Shares |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by vedaxcool(m): 1:34pm On Aug 20, 2016 |
[s] calculusx:[/s] Dude just learn to Read and Comprehend 164 Likes 5 Shares |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by calculusx(m): 1:36pm On Aug 20, 2016 |
jarkbauer: When> |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by calculusx(m): 1:38pm On Aug 20, 2016 |
vedaxcool: You are not in importation biz so you may not know how bad things are. Tariff was increased twice in 6 weeks on the order of minister of finance. so many smes are no longer in business because of high forex rate. 15 Likes 1 Share |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by vedaxcool(m): 1:44pm On Aug 20, 2016 |
calculusx: And this happened only to you? 62 Likes 1 Share |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by princemillla(m): 1:48pm On Aug 20, 2016 |
calculusx: Did you read the news before vomiting those words. Someone is even trying correct you are speaking gilberish ... Learn to read and comprehend issues at hand 76 Likes 1 Share |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by lagdmark(m): 2:00pm On Aug 20, 2016 |
I will like to see a reduction on custom duty on tokunbo vehicles and containers by 30%. If dat happens I will treck from Aachen to Venlo with a sai baba banner. 7 Likes |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by seunmsg(m): 2:05pm On Aug 20, 2016 |
calculusx: Trash! Next time, make sure you read and understand before commenting. 49 Likes 1 Share |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by calculusx(m): 2:10pm On Aug 20, 2016 |
princemillla: What she is trying to do is campaign after election. Damage has been done already before she realized her mistake. What will happen to those that cleared their goods at the rate of N313 to a $ and are yet to sell them. Lets see what they will reduce the tariff to before celebrating. No too much talk before they will come and knock on my door ![]() ![]() ![]() 11 Likes |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by ivandragon: 2:32pm On Aug 20, 2016 |
& yet, we want our local industry to grow... tomorrow they will come & scream how we need to buy local. we have 14 vehicle assembly plants. rather than improve infrastructure to make the cost of business cheaper and encourage them to move to full production, you want to encourage the same problem that has stunted our manufacturing sector... 12 Likes 2 Shares |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by DaBullIT(m): 3:10pm On Aug 20, 2016 |
Why can't they subsidize new cars abi masses head no climb brand new cars? It's a good start anyways 5 Likes |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by adconline(m): 3:18pm On Aug 20, 2016 |
seunmsg:Did u read and comprehend it yourself? It said reducing tarriffs for vehicles coming in from neighboring countries- ie ECOWAS countries But 90% of cars coming into Naija are shipped from EU and US ports! 5 Likes |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by sultaan(m): 3:50pm On Aug 20, 2016 |
Lots of smart response here on politically in economicsland they will beg you to import cars so they can get some money and Republic of Benin will reduce their duty too to stay afloat. This is business |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by freshvine(f): 3:59pm On Aug 20, 2016 |
vedaxcool: She didn't say import duties will be streamlined, she said boarder duties for cars alone will be reduced. Read too 7 Likes 1 Share |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by ephi123(f): 4:40pm On Aug 20, 2016 |
"But, some other taxes, which she described as colonial rates, will be jerked up to reflect present realities." Put one tariff down, bring 10 up. Confused policies up and down. Mschew 10 Likes |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by BIGTinfotech: 4:41pm On Aug 20, 2016 |
Shoki ![]() |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by oluwasegun007(m): 4:43pm On Aug 20, 2016 |
Reduce the one for Rice too na.... 1 Like |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by 989900: 4:46pm On Aug 20, 2016 |
Good one. Just this afternoon I was reading about the article on 'Cotonou cars', and I was thinking that is some strain on Forex demand, and some short changing on accruable import duties. I know we want to help the Beninoise, but we could use the help much right now. I mean we're playing pound foolish, penny wise here. . . we are losing a big volume to our neighbours. In another news: Diezani . . . ![]() ![]() 3 Likes |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by jaxxy(m): 4:47pm On Aug 20, 2016 |
Story for d gods |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by echelons(m): 4:49pm On Aug 20, 2016 |
Hope it comes soon. Imagine paying 300k for Import Duty on 2010 Honda Accord. Damn expensive. Abeg who can help me negotiate a better deal. |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by DirtyGold: 4:50pm On Aug 20, 2016 |
Clap for yourself.... Weldone! What's tha business? 6 Likes
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Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by izzou(m): 4:51pm On Aug 20, 2016 |
Only cars for ECOWAS countries? ?? Trial by error policies everyday 3 Likes |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by prinsam30: 4:51pm On Aug 20, 2016 |
Government of confusion Say one truth today, denied it tomorrow 4 Likes |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by MandingoXXX: 4:52pm On Aug 20, 2016 |
RIP Innoson 1 Like |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by smellingmenses: 4:53pm On Aug 20, 2016 |
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Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by erico2k2(m): 4:57pm On Aug 20, 2016 |
princemillla:So what was it he said that was wrong ? Cos from what he said there was nothing wrong 2 Likes |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by Niyinficient(m): 4:58pm On Aug 20, 2016 |
calculusx: Guy, you wear bra for eye? Ur garri don dey too much dis days o! 3 Likes |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by Eluwilussit(m): 4:58pm On Aug 20, 2016 |
jarkbauer: Comprehension wahala! ![]() |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by helphelp: 4:59pm On Aug 20, 2016 |
Dollar still make am cost abeg |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by loveuGOD: 4:59pm On Aug 20, 2016 |
Nigeria dont have stable policy and that is why investors ran away. When we are encouraging motor companies to come and build their plants here and at the same time encouraging tokunbo to flood d market. One step forward ten steps backward. 3 Likes |
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