THE Federal Government yesterday said contrary to reports, the new vehicle import tariff which commenced on July 1, did not impose a flat tariff of 70 per cent duty on all imported used cars, saying the new policy would not lead to increase in cost of vehicles in the country.
This came as ports operators under the aegis of Association of Nigerian Licensed Customs Agents, ANLCA, threatened to shut port activities should the Nigeria Customs Service, NCS, go ahead with the implementation of the new auto policy.
