‘WE’RE NOT RESPONSIBLE FOR PRICE HIKE OF VEHICLES’

Contrary to reports that the National Automotive Industry Development Plan (NAIDP) policy was punitive and responsible for the increase in smuggled vehicles, the National Automotive Design and Development Council, (NADDC) has said that the agency was shocked that the policy has been blamed for increased prices of imported used vehicles, otherwise known as ‘tokunbo’ when the provision to levy them […]

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