Ogun car dealers lament over high custom charges of car importation

05/10/2019

Posted by: Jane Osuagwu

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With the high charges of import duty placed on car importation, the prices of foreign cars will be affected! This has led to the lamenting of Ogun car dealers recently. Check details here!

The Association of Motors Dealers of Nigeria (AMDN) Ogun State Chapter has raised a voice of lament over the high rate of charges the Nigeria Customs Service placed on vehicles that are imported into the country via the seaport.

Mr. Samuel Sonde, who is the state chairman of AMDN bemoaned that the recent high charges had been forcing some of their members out of the business of car importation.

Mr. Sonde disclosed this during the association's inaugural launch of Ijebu zone, which took place on Thursday at Imowo, Ijebu-Ode area of Ogun state.

Naijauto does agree with the Mr.Sonde. Nigerians are heavy importers of Tokunbo cars, which it lays tremendous burdens on the prices of foreign cars imported into the country. Buying foreign used cars are affordable that an average Nigerian can acquire one, knowing that the brand new versions are pricey.

The state chairman of the association has made an appeal to the federal government, requesting for the reduction of the duty charge from its current rate of 70% to 35%.

Car-import-to-Nigeria

The current rate of the duty charge is 70% which is too high in the Ogun State Chapter's opinion

>>> Meanwhile, our neighbor constantly boasts how much they gained from importing tax: Kenya used car dealers pay KSh 49 billion in tax annually: Impressive fact or a government's exaggeration?

Here's the statement of the chairman:

The challenges we are facing is the high tariff by the customs agency on cars that we are clearing. 

This policy has changed the business atmosphere because the tariff has become unbearable for our members.  

We appeal to the federal government to assist by reducing the custom duties on imported cars to 35 per cent. 

>>> Check out our news section for more updated car news.

Jane Osuagwu
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Jane Osuagwu

Jane Osuagwu

Car prices

Jane Osuagwu is an automotive writer at Naijauto.com. She's a car enthusiast who loves creating educative and informative topics on cars, ranging from maintenance tips to updates on the latest trend in the auto industry in concise and friendly writing. 

Jane is also a blogger and loves reading, inspiring people and getting involved in personal development projects.

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