The
Chairman, Car Dealers Association of Nigeria, FCT Chapter, Ajibola Adedoyin,
says the hike in the importation tariff on cars can cause many dealers to close
down their business.
Adedoyin
who said this in an interview on Tuesday said this could be as a result of
expected low patronage.
“The
implementation of the New Automotive Industrial Policy Development Plan of the
Federal Government, which advocated the hike in the tariff of imported cars, is
being rushed by the government.
“It
is a fact that the policy is very good and has long-term benefits.
“However,
implementing the policy now will amount to rushing into it without consideration
for its consequence in view of the present situation in the industry,’’ he
said.
Adedoyin
said
