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US 12.5% tariff unlikely to hurt Nigeria – CPPE

Omotoyosi Idowu· ·6 min read · 0 reactions · 0 comments · 5 views
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US 12.5% tariff unlikely to hurt Nigeria – CPPE
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Add us on Google The Centre for the Promotion of Private Enterprise (CPPE) has said the United States’ decision to impose a 12.5 per cent tariff on imports from Nigeria is unlikely to have a significant impact on Nigeria’s economy. Join the Premium Times WhatsApp Community For Quick Access To News and Happenings Around You. Open in WhatsApp The think tank disclosed this in a statement by its Chief Executive Officer, Muda Yusuf, on Sunday, citing the dominance of tariff-exempt petroleum exports and the relatively small share of Nigerian exports destined for the US.

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Premium Times · Omotoyosi Idowu
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Add us on Google The Centre for the Promotion of Private Enterprise (CPPE) has said the United States’ decision to impose a 12.5 per cent tariff on imports from Nigeria is unlikely to have a significant impact on Nigeria’s economy. Join the Premium Times WhatsApp Community For Quick Access To News and Happenings Around You. Open in WhatsApp The think tank disclosed this in a statement by its Chief Executive Officer, Muda Yusuf, on Sunday, citing the dominance of tariff-exempt petroleum exports and the relatively small share of Nigerian exports destined for the US. On Friday, the United States announced a plan to impose a 12.5 per cent tariff on imports from Nigeria.

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