Breaking News
Home » All News » Abuja News » Reps. Kick Against Increase in Import Duty on Cars

Reps. Kick Against Increase in Import Duty on Cars

The House of Representatives has moved a motion calling on the federal government to suspend the increase in import duty for used and new vehicles.
National Assembly correspondent Charity Marcus reports mover of the motion, Honourable Agunbiade Oriade, representing Oriade Federal Constituency, of Osun State said the implementation of the policy will bring untold hardship to the Nigerian masses.
Lawmakers who argued in favour of the motion expressed concern over the timing of the policy saying the facilities to kick off the policy are not yet on ground.
Some of the lawmakers argued to the contrary, saying the timing is right.
The argument took another dimension when some lawmakers raised a point of order as to whether the house, by the motion, is not denying the president the right to perform his duty.
In a bid to discourage Nigerians from patronising foreign vehicles, the federal government increased the import duty on used and new vehicles from 20% to 70% with the plan to enforce the policy by January 2014
Meanwhile, due to the controversy generated by the motion, the deputy speaker, Emeka Ihedioha who presided over plenary session, set up an ad-hoc committee, to look into the desirability of the motion and report back to the house on the next legislative sitting, Tuesday 3rd December 2013.
Reported by Charity Marcus

Comments

comments

Check Also

Josemaria Escriva Foundation holds second series Annual Lecture in Ekpoma

Tweet Determined to address the menace of rape in the society, a non-government organisation, Josemaria …

Scroll Up