…share of the landed cost. The post Car dealers express mixed reactions over lower vehicle import duties appeared first on Vanguard News.

…together," Omagbitse said. NAMA cited Nigerian Ports Authority data showing that vehicle imports increased by 67 per cent, rising from 35,262 units in the first quarter of 2025 to 58,870 units during the same period in 2026. It said the surge reflected importers' expectations of lower duties on fully built vehicles ahe…

…in the Nigerian Foreign Exchange Market, NFEM. 6. The Federal Government's reduction in vehicle import levies has officially taken effect, offering hope of lower vehicle prices while prompting auto dealers to seek clarity on the newly introduced Green Tax before assessing the full impact of the policy. The implementati…

The Economic and Financial Crimes Commission (EFCC) has arrested a Nigerian-American citizen over an alleged cross-border vehicle import scam involving

…Crimes Commission (EFCC), has arrested a Nigerian-American over an alleged cross-border vehicle import fraud involving more than $320,000 (about ?434.9 million). The agency said this in a statement on its website by its Media and Publicity unit on Friday. It said that the suspect was arrested by operatives of the EFCC…