Tag: cars

Nigeria Customs Service reduces import duty for used and new vehicles to 20%.
Nigeria Customs Service reduces import duty for used and new vehicles to 20%.

The Nigeria Customs Service has officially released a circular announcing the reduction of import duties on both used and new vehicles. Customs National Spokesman, Timi Bomodi, disclosed in a statement that the service new duty rate for both used and new vehicles is now twenty percent as against the thirty five percent usually paid. The statement noted…

Lagos auctions 44 forfeited cars of traffic law defaulters
Lagos auctions 44 forfeited cars of traffic law defaulters

The Lagos State government has offered to sell off forty-four cars that were forfeited by their owners due to violation of the state traffic laws. Chief Press Secretary to the Governor, GBOYEGA AKOSILE, confirmed in a statement containing details of the vehicles. AKOSILE said the owners of the forfeited vehicles had driven against traffic, in violation of…

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