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Nairaland Forum / Nairaland / General / Car Talk / Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun (29666 Views)
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Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by nkpommpko(m): 4:59pm On Aug 20, 2016 |
vedaxcool:don't mind the half baked economist all they see is hate. 1 Like 1 Share |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by WhoBeThisMan: 5:01pm On Aug 20, 2016 |
calculusx: |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by billyG(m): 5:01pm On Aug 20, 2016 |
calculusx:Hey wailer!did u read d bold @ all,that is Y u cnt pass WAEC English,after u will call somebody a Dullard. |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by Jethrolite(m): 5:01pm On Aug 20, 2016 |
calculusx:To this point, I thought you were a smart person. |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by theophorus(m): 5:04pm On Aug 20, 2016 |
..Observing.. |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by maxzzo1(m): 5:04pm On Aug 20, 2016 |
vedaxcool:See how mouthy u are....you not into import so u would not understand.... |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by chyket(m): 5:08pm On Aug 20, 2016 |
Brilliant idea!!! I have always wondered why Nigerians should be going to Cotonou to bring in vehicles over the years.This singular harmonisation of import duties with Cotonou rate will in the long run divert over 60% of the revenue previously lost to Benin republic. |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by Spells(m): 5:09pm On Aug 20, 2016 |
When will 1naira, =1$ |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by BABANGBALI: 5:10pm On Aug 20, 2016 |
Finally it is time for lala to get a car |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by Dee60: 5:11pm On Aug 20, 2016 |
APC government is indeed showing signs of paranoia. Leave past government alone. What people are stealing under you can also buy single jewelries that are worth 50,000USD. Or is she she saying that stealing has stopped? |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by investnotspend: 5:12pm On Aug 20, 2016 |
jarkbauer: No mind the guy he no sabi read , if they send them to school na bad gang them go go join |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by colosa: 5:12pm On Aug 20, 2016 |
Well let see what happens |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by HIPROFILE(m): 5:13pm On Aug 20, 2016 |
The we will government of buhari at it again.... We will....this one she used would which means its under probability which to me is nat high...well let's see we are watching |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by Zico5(m): 5:16pm On Aug 20, 2016 |
calculusx:I think u smoke kaikai, hatred has blindfolded to read the message properly before jumping to conclusion. Wailer will always be wailer |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by 989900: 5:19pm On Aug 20, 2016 |
loveuGOD: This does not hamper local car production at this stage. Our local car manufacturers CANNOT meet up with even 5% of the demand. That said, few people can afford a new car. To grow local car companies aggressively, you need our steel factories, low rates car loans (VERY IMPORTANT), and stable power supply. Do that, the Toyotas, Hondas, Mercedes, Tatas, Hyundais and co. will come and establish their factories here . . . the market is large, they can feed a large chunk of Africa from Nigeria, then, you will automatically see car imports reduce -- we using 'Tokunbos' is a child of circumstances -- we rode strictly new cars in the 70s and early 80s . . . PAN was doing great then. 6 Likes |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by Chukazu: 5:20pm On Aug 20, 2016 |
princemillla: but some pple still clicked the "like button" for him, that means he has "disciples of slowpoke" 2 Likes 1 Share |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by yomz1e(m): 5:20pm On Aug 20, 2016 |
let me add to it, all they read is the 1st line and quickly straight to comment.... dumb twits. which means bringing cars from places like Cotonou will incur less tariff... kapish? vedaxcool: 1 Like 2 Shares |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by Ghost01(m): 5:27pm On Aug 20, 2016 |
ephi123:That's how it is done everywhere, depending on the direction the government in place wants to follow. |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by tolayemi: 5:27pm On Aug 20, 2016 |
ivandragon:our local industry dont produce cars 1 Like |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by MoneyGreen(m): 5:28pm On Aug 20, 2016 |
So na when dem go reduce garri own? |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by seguno2: 5:28pm On Aug 20, 2016 |
loveuGOD: Thanks for your better post. Many will be shouting UNEMPLOYMENT but will support this reversal of the automotive policy of the Jonathan administration that encouraged companies start assembling vehicles here and progressively source for manufactured parts here. Labourer wey dey chop bread no sabi sey na im own scalp na im e dey chop. |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by Krismart(m): 5:36pm On Aug 20, 2016 |
vedaxcool:Oga if u are not in d field just close ur mouth. He that wears d shoe knows where it hurts. Don't argue based on hearsay |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by Decodedp: 5:38pm On Aug 20, 2016 |
Someone is about to kill the auto industry that Jonathan worked so hard to revive. Why not encourage the customs to redouble their efforts to substantially reduce smuggling while you speed up the implementation of the auto policy by introducing (government assisted) flexible payment plan to encourage people to buy new and made in Nigeria cars. If you must reduce the duty why not do that for the entire border so that people can import directly into the country instead of weakening the naira against the cefa. 3 Likes 1 Share |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by Horsesmouth: 5:39pm On Aug 20, 2016 |
I dont know if its just me, But doesnt this woman look uninspiring with her mouth closed, and Sound bereft of ideas when she speaks? She is by far the worst Finance person I have ever read of. 1 Like
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Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by Ayoola171(m): 5:40pm On Aug 20, 2016 |
calculusx:Is like you don't read before you comment or you don't comprehend what you've read. I suggest you go back and read the content of the message very well. |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by ivandragon: 5:41pm On Aug 20, 2016 |
tolayemi: kindly 'read' what I posted again... 2 Likes |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by Krismart(m): 5:44pm On Aug 20, 2016 |
Govt. milking the citizens just to generate revenue. For una datz diversification of economy. Lets see how long this will go 1 Like |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by Wyttcat: 5:50pm On Aug 20, 2016 |
Nice! Abeg is any used car Tokunbo even if it was driven for a year? I know about the real Tokunbo, like the ones that have actually been in the okun flood like in Louisiana (hehehe not funny oo) that are going to be making their ways to Nigeria soon. |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by Wallie(m): 5:52pm On Aug 20, 2016 |
chyket: Bad idea! The real solution should be tightening of the border! Reducing tariffs means that more people will import vehicles instead of patronizing Nigerian made or Nigerian assembled vehicles like Innoson, Nissan, etc. 2 Likes 1 Share |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by adisarasaq(m): 6:02pm On Aug 20, 2016 |
calculusx: Tariff was never increased, what really happened is that the increase in exchange rate is affecting the calculation of the import duty, ex factory price remain the same. Duty to be paid on cars valued at $2000 @197 naira exchange to a dollar is quite lower than the same car at $2000 but @313 naira exchange to a dollar. Example > Before Your car is valued at $2000, and the exchange is #197 to a dollar 2000*197=394,000 394,000*35%=137,900 Your basic duty is #137,900 Now Your car valued at $2000 exchange is #313 to a dollar $2000*313=626,000 626,000*35%=219,100 Your basic duty is #219,100 The difference is #81,200. The effects of the exchange rate is really tormenting, government can only help by reducing the percentage that is to be paid on the imported goods, for example from 35% to like 10%. If the statement credited to finance minister is true then it's a right step for now. 4 Likes |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by ephi123(f): 6:18pm On Aug 20, 2016 |
Ghost01: Which everywhere? Is that how developed economies are run? Hell no. |
Re: Duties On Tokunbo Cars To Be Reduced - Kemi Adeosun by LordVoldemort(m): 6:31pm On Aug 20, 2016 |
calculusx: Can you just take a moment and read the post again |
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