Import Duty

News

FG Cuts New Vehicle Import Levy to 10%, Used Vehicles to 5%

Felix Ifijeh, THEWILL -
July 01 (THEWILL) — The Federal Government has reduced the import levy on new vehicles from 20 per cent to 10 per cent and on used vehicles from 15 per cent to five per cent under its 2026 Fiscal...
Business

FG Suspends 15% Import Duty On Petrol, Diesel, Assures Stable Fuel Supply

Felix Ifijeh, THEWILL -
November 13, (THEWILL) — The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has confirmed the suspension of the proposed 15 per cent ad-valorem import duty on Premium Motor Spirit (PMS) and Automotive Gas Oil (AGO), popularly known as...
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Latest News

Entertainment & SocietyEzaga Evi-Ben, THEWILL -

Don Jazzy Sets Record Straight on ‘No Money From Mo’Hits’ Comment

Don Jazzy has clarified his remarks about not making money from his pre-Mo’Hits years, saying he was referring...
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