Prices Of ‘Tokunboh’ Vehicles Soar Over Freight, Clearing Charges, FOREX

LAGOS OCTOBER 7TH (NEWSRANGERS)-Prices of imported secondhand automobiles, popularly known as Tokunbo vehicles, have gone out of the reach of average income earners. The Guardian learnt that prices of Tokunbo and new cars in the country have tripled due to high clearing fees and processing, high duty, freight rate, security surcharges, insurance on Nigeria-bound cargoes,…

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