Most notably, taxes on head porters «Kayayei», and duties on
imported spare parts were abolished to the glee of stakeholders.
To give a little background on the matter, GTB loaned Innoson N2.4 bn in 2009 to
import spare parts for his company.
Not exact matches
One of the charges read, «Innoson Nigeria Limited, Dr. Innocent Chukwuma and Charles Chukwuma between 2009 and July 2011, in Lagos within the jurisdiction of this honourable court with intent to defraud, induced the (members of) staff of Mitsui O.S.K. Lines Limited, Apapa, Lagos and Maersk Line Limited to deliver to you through your clearing agents, containers or motorcycle
spare parts moulds of plastic
parts and steel structures and raw materials called polyvinchlorid, property of Guaranty Trust Bank Plc
imported into Nigeria from China in the name of the said bank as the consignee by falsely pretending that you were authorised by GTB to clear the goods and took delivery of same.
The Deputy Minority Leader also downplayed the significance of abolishing
import duty taxes on
spare parts, as he explained that government had relinquished the stake it had it their trade.
The Akufo - Addo government has also abolished
import duty taxes on
spare parts as it promised during the campaign for election 2016.
With the collapse of the Soviet Union, North Korea lost its
spare parts, and its fuel
imports dropped 90 % within two years.
Audi, BMW and Mercedes - Benz are some of the companies in this league which
import car
spare parts and have increased prices of the cars manufactured by them.