Importation Levy: Customs Resumes 4% Import Levy скачать в хорошем качестве

Importation Levy: Customs Resumes 4% Import Levy

The Nigeria Customs Service has reinstated the 4% import levy on goods, including vehicles, charged on the CIF value — Cost, Insurance, and Freight — as part of Nigeria’s ECOWAS Common External Tariff commitment. The levy, suspended for months, has returned without public consultation, sparking concern in the auto sector. From brand-new SUVs to used Tokunbo cars, the added costs could make vehicle ownership an even greater challenge for Nigerians. Investment banker and public affairs analyst Nnaemeka Obiaraeri joins Gbenga, Olive, and Joe to examine the policy shift, its economic implications, and why he believes Nigeria could be a transportation hub with the right policies in place. SUBSCRIBE to our YouTube channel:    / newscentraltvafrica   for more videos Follow News Central on: Facebook:   / newscentralafrica   Twitter:   / newscentraltv   Instagram:   / newscentraltv   LinkedIn:   / feed   Threads: https://www.threads.net/@newscentraltv TikTok:   / newscentraltv   For more content, go to: https://newscentral.africa #NewsCentral #Nigeria #Politics #AfricaFirst #Africa #News #WestAfrica #ECOWAS #Government #Governance