Okechukwu Nnodim, AbujaThe reduction in the duties on vehicles and tractors from 35 to about 10 per cent may take off next week, the Nigeria Customs Service said on Tuesday. Comptroller-General of Customs, Hameed Ali, who disclosed this to journalists in Abuja, said the management of the service was expecting an official communication from the finance ministry on the matter any moment from now. READ ALSO: Exporters, importers’ woes worsening at ports, laments LCCIHe said the vehicle tariff reduction, as contained in the 2020 Finance Act, was initiated by the NCS to ease the cost of transportation in Nigeria. I’ve been torn apart by many people criticising it, saying I used my connection to get it done. We are now waiting for the finance minister to give us a formal conveyance of that Act.

Source: Punch January 26, 2021 23:45 UTC