FG slashes car import tariffs to 40% in new 2026 fiscal policy

Businessday | 13-04-2026 10:27pm |

The federal government has cut import tariffs on fully-built passenger vehicles, four-wheel drive cars, and station wagons from 70 percent to 40 percent, as part of the new 2026 Fiscal Policy Measures (FPM). This was stated in a document issued by Wale Edun, minister of finance and coordinating minister of the economy, and forms part

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