
The Federal Government has raised duties on luxury goods such as yachts and sport utility vehicles (SUVs) imported into the country.
The increase contained in a circular by the Minister of Finance, Mrs. Kemi Adeosun to the Nigeria Customs Service.
Also affected are some food items that have local alternatives such as rice, salt and sugarcane, alcoholic spirit, beverages.
Import duty for sugar cane and salt will go from 10 per cent to 70 per cent; alcoholic spirit, beverages and tobacco from 20 per cent to 60 per cent; and rice from 10 per cent to 60 per cent.





