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