The Federation Accounts Allocation Committee (FAAC) has shared N1.358 trillion among the federal government, states and local government councils (LGCs) for July. This is contained in a communique issued after …
India’s decision to temporarily lower import duty on electric vehicles priced upwards of $35,000 to 15% for carmakers investing at least $500 million on domestic manufacturing “might help accelerate localisation …
US electric automaker Tesla could soon set up shop in India, with the government close to finalising a policy to extend concessional import duties on electric cars exceeding Rs 30 …
US electric carmaker Tesla is willing to invest up to $2 billion for setting up a local factory if the government approves a concessional duty of 15% on imported vehicles …