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Customs boss, Ali seeks reduction of levy on imported vehicles
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Customs boss, Ali seeks reduction of levy on imported vehicles

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Image result for Nigeria Customs seeks cut to levies on imported carsThe Nigeria Customs Service (NCS) has urged Federal Government to reduce automotive levy on imported brand new vehicles from 35 per cent to 10 per cent.
The Comptroller General of the agency, Hameed Ali, made this demand on the side lines of the world customs day celebration in Abuja.
He believes this will help cut down smuggling and push revenue earnings for the country.

TVC News Correspondent, Lara Afolayan reports that  the Nigerian government introduced a 35% levy for brand new cars imported into the country. This is alongside an existing thirty-five percent import duty.

It is to help grow local automobile production and discourage car import. But the customs said the policy has been counterproductive and has rather pushed up smuggling. It now wants the levy slashed to ten percent so the cars can be brought in through normal routes and then government can make more revenue.

The customs is also worried about incessant attacks on its men by smugglers.

The meeting is primarily to mark the International Customs Day, which is themed smart border for seamless trade, travel and transport. The World Customs Organisation now advises Nigeria to improve on border technology.

Customs officers who have distinguished themselves in the line of duty, now get recognition certificates in the spirit of the International Customs Day Celebration

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