Car dealers have threatened to close their stores this week as controversy continues to surround the introduction of 15 per cent National Automobile Commission levy imposed on imported used vehicles by the Nigeria Customs Service.

The NCS had recently introduced a 15 per cent National Automobile Commission levy on used imported vehicles, a decision which didn’t go down well with clearing agents in the country’s maritime sector.

The agents argued that the NAC levy is mostly meant for new vehicles, questioning the rationale behind the introduction of the duty on used vehicles.

In a quick response, the service, in a statement by the National Public Relations Officer, TIMI BOMODI, said the move was in compliance with the Economic Community of West Africa Common External Tariff.

The Lagos chapter Chairman of the Association of Motor Dealers of Nigeria, METCHE NNADIEKWE, disclosed that the group would be meeting this week.

He noted that the outcome of the meeting would determine if the group was going to close their stores or not.