December 9, 2013

CNPP flays FG over 70% tarrif hike on Tokunbo vehicles


ABUJA—The Conference of Nigerian Political Parties, CNPP, has condemned the 70 per cent tariff hike on importation of fairly used vehicles, known as Tokunbo cars, recently announced by the Federal Government, saying the new import tax would further impoverish hapless Nigerians and deplete drastically the fragile middle class.

National Publicity Secretary of CNPP, Mr. Osita Okechukwu, while describing the new policy as obnoxious and anti-people, in a statement yesterday in Abuja, also added that it will induce smuggling.

The group, however, advised President Goodluck Jonathan to cancel the obnoxious tarrif; as the masses were earnestly watching their disconnection from the ruling class

The statement reads in part: “CNPP is in quandary, on how a president who went to school without shoes has wittingly abandoned the poor by dishing out anti-peoples’ policy- yesterday it was increase in electricity tariff, water bills, security charges, hike in medicare and school fees, fuel hike and today hike in the only accessible mode of transportation open to most Nigerians.

“We did warn years back of the dangers of the Peoples Democratic Party, PDP-led Federal Government’s adoption of the nebulous economic policy of government has no business in business, share the money and the assumption that the private sector will drive our economy.

“A nebulous economic policy which fuelled monumental corruption, decayed infrastructure, collapsed social services, low productivity and gross unemployment.

“We said then and repeat that Nigeria’s economy is informal, primitive and that 98 per cent of the so called captains of industry have no industry, even pure water factory; hence public sector investment is imperative.”