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2017 EARLY CRASHES! NIGERIAN INCREASES THE PRICE OF IMPORTED GOODS.

Many have been clamoring for Nigerians to patronize made in Nigerian goods.Looking to boost local production, the federal government has raised duties on luxury goods such as yachts and sports utility vehicles  (SUVs) imported into the country.
This was contained in a circular by the minister of Finance, Kemi Adeosun, to the Nigeria Custom Service.
Below are the goods attracting higher trariffs.
1.Boats, SUVs, Sports cars and other vessels used for pleasure.
2.Sugar Cane and Salt.
3.Alcoholic Spirit, beverages and tobacco.
4.Rice.
5.Cotton and fabrics material.
6.Packaged cement.
 
 

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