Amid the hike in import duty by Nigeria Customs Service (NCS), even as the economy continues to struggle, importation of used vehicles has recorded significant drop with diesel or semi-diesel engine, of cylinder capacity 2500c, dropping by 65.8 percent year-on-year to N354.8 billion in 2024 from N1.04 trillion in 2023. Data from the National Bureau […]
The post Import bills on used vehicles fall 65% to N354.8bn amid increase in import duty first appeared on Business Hallmark.
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