70 pct tariff on imported cars under auto policy boost local production – NPA

The 70 per cent tariff imposed on imported cars aimed at boosting local production under the Federal Government’s auto policy had its most effect this year, Nigerian Ports Authority (NPA) has said. According to the Managing Director of the Ports Authority, Ms Hadiza Bala-Usman, the policy reduced the number of used vehicles brought into the […]

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Recession, forex crisis limiting Nigeria auto industry

To talk about the competitive strength of Nigeria’s automobile industry is to be making a mere rhetoric in an area that is relatively unknown in the country. The number of used cars, as well as brand new ones being imported into the country speaks volumes of Nigeria’s long way to a virile, competitive and strong […]

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