National Assembly Scraps Excise Tax on Imported Transformers and Other Goods

The National Assembly has voted to scrap excise duty on a raft of imported goods, headlined by fully‑assembled electric transformers, in a move MPs say will slash energy costs and unfreeze stalled grid‑connection projects. The Excise Duty (Amendment) Bill 2025 sailed through its third reading on Wednesday morning and now awaits presidential assent before taking effect.  The 25 percent levy, introduced last year to nudge manufacturers into local assembly, back‑fired by inflating transforme.......