TOKUNBO CARS TO COST MORE FROM JANUARY 2015

As from first of January 2015, prices of imported used cars otherwise known as Tokunbo or second-hand cars are expected to go up as the second phase of the national automotive policy which was announced in November 2013, will commence.

Car dealers would be expected to pay the federal government 70% duty on all imported cars. FG had in 2013 introduced the national automotive policy with the view of encouraging local assemblage of automobiles in Nigeria, increasing the import tariff from 22% to 70%. The first phase of the policy involving the payment of 35% duty came into effect in February 2014 while the second phase which would have started in July this year was postponed to Jan. 2015.

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See all the Photos from Davido’s Concert in London with Runtown, Shina Rambo and more

Davido had his London concert yesterday at the Troxy in East London in a bid to kick off his UK album launch along with the rest of the HKN gang. The event was hosted by comedian Eddie Kadi and featured DJ Starzy, DJ AfroB, Shina Rambo, B –Red as well as a surprise performance from Runtown . Davido came out after and performed hit after hit as the crowd went wild. See the photos below.

Music: MR Matt - BODY TENSION

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Music: Wemzy - Intoxicated ft Mr Pen

Talented Award Winning Artiste; Wemzy Is Intoxicated By Sexy Ladies With Cocacola Shape 'Figure8' He teams Up with South South Fast Rising Singer Mr PEN; This is Simply Good Music; Rated 18+; Nice Rhythm $ Lyrics; Feel the Vibes ; He hails from South West, Performed with the likes of Lace,W4, Reminisce and Oriste Femi; Still on his Grind ; he's Going into the industry Fully To take over soon by God's Grace. Kindly Download, listen and Share. Download Wemzy- Intoxicated

FRANCIS GOLD

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