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President Tinubu orders the suspension of import tax adjustment levy on certain vehicles, others.

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President Bola Ahmed Tinubu

President Tinubu orders the suspension of import tax adjustment levy on certain vehicles, others.

By Naomisophysblog

President Bola Ahmed Tinubu

President Bola Tinubu has signed four Executive Orders one of which is the suspension of the import tax adjustment levy in certain vehicles.

According to the Sun, the Special Adviser on Special Duties, Communications and Strategy, Dele Alake announced this on Thursday while addressing State House Correspondents at the Presidential Villa Abuja.

Alake said the President issued these among other orders to ameliorate the negative impacts of the tax adjustments on businesses and chokĀ£hold on households across affected sectors.

He reiterated the Presidentā€™s commitment to reviewing complaints about multiple taxation, local and anti-business inhibitions.

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He assured that the Tinubu administration will continue to give requisite stimulus by way of friendly policies to allow businesses to flourish in the country.

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