The House of Representatives Committee on Industry, on Thursday, declared support for the Federal Government’s decision to increase tariff on imported vehicles, Punch reports.
The Federal Executive Council recently approved new measures aimed at transforming the automotive sector and ultimately put Nigeria among the league of auto producing countries.
The Chairman, House Committee on Industry, Mohammed Onawo made the declaration in Abuja when his committee visited the Ministry of Industry, Trade and Investment on oversight functions.
He said that the introduction of tariff measures to protect indigenous automotive manufacturers would increase the capacity utilisation of the sector.
Read more at Punch