VAT Increase May Raise Vehicle Prices, Airfares   There are indications that the increase in the rate of the Value Added Tax as spelt out in the Finance Law will lead to a hike in airfares as well as prices of new and used vehicles. A new...

Nigerians Spend $8bn Annually On Vehicle Importation – Osinbajo   Vice President Yemi Osinbajo said in Abuja that Nigerians spent about $8bn, annually, on importation of vehicles. Osinbajo, who was represented by the Director-General, National Automotive Design and Development Council, Jelani Aliyu, disclosed this at the 19th...