FG clears air on auto policy implementation

The Federal Government has said the ongoing implementation of the Nigerian Automotive Industry Development Plan is taking its planned course, even as there is no intention to reverse the implementation process of certain aspects of the policy.

The National Automotive Council said in a statement on Tuesday that government had not reneged on its promise to shift the implementation process of certain aspects of the NAIDP till January 2015 as alleged in the press, noting that the application of the levy exemption was only being misinterpreted.

The Director-General of NAC, Engr. Aminu Jalal, said, “Government had already shifted the implementation of the full tariff on new vehicles from January 10, 2014 to July 1, 2014 to enable importers clear vehicles they had ordered at the old duty rates.  Government only extended the concession on the importation of used vehicles only by another six months till 31st December, 2014.

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FG clears air on auto policy implementation