FG Slashes Car Import Duties, Triggers a Market Earthquake
FEMI OWOEYE In a dramatic policy twist that is already sending shockwaves through Nigeria’s automotive ecosystem, the Federal Government has slashed import duties on vehicles; but industry insiders warn the move may be a double-edged sword with far-reaching consequences. Effective April 1, 2026, the sweeping fiscal overhaul, signed by Finance Minister Wale Edun, marks a…


