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Auto Dealers Lament as Sales Crash Amid 126% Price Hike

Auto Dealers Lament as Sales Crash Amid 126% Price Hike   Automobile dealers have lamented the collapse of the car dealership business as the price of vehicles skyrockets by over 126 per cent in eight years, from N18m to N80m on average, crippling sales and excluding...

N1.7bn Worth of Vehicles, Others Intercepted by Customs

N1.7bn Worth of Vehicles, Others Intercepted by Customs   The Nigeria Customs Service, Federal Operations Unit Zone A, Ikeja, said it recorded 82 interceptions, including used vehicles popularly known as Tokunbo and other contrabands worth N1.7bn within the last four weeks. The Customs Area Controller in charge...

N2bn Vehicles for SSAs, N780m for Terrorism Prosecution in Latest FG Budget

N2bn Vehicles for SSAs, N780m for Terrorism Prosecution in Latest FG Budget   The Federal Government has earmarked over N780m for prosecuting terrorism-related cases, anti-money laundering initiatives, and other criminal matters in 2025. According to the 2025 Appropriation Bill, N530m has been allocated for the management of...

Why FG Prefers Imported Vehicles – Minister

Why FG Prefers Imported Vehicles - Minister   Nigerian government prefers to buy imported vehicles because local manufacturers are still found wanting in terms of providing after-sale service, the Minister of Industry, Trade, and Investment, Dr Doris Uzoka-Anite had disclosed. The minister provided this clarification at a...

Petrol Subsidy Removal: NITT Urges Nigerians To Convert Vehicles To Autogas

Petrol Subsidy Removal: NITT Urges Nigerians To Convert Vehicles To Autogas   The Nigerian Institute of Transport Technology (NITT), says it has built workshops across the country to assist Nigerians convert their petrol-powered vehicles to autogas. Dr Bayero Salih-Farah, Director-General of the institute, said this at a...

FG Confirms Purchase of N1.4bn Worth Of Vehicles for Niger Republic

FG Confirms Purchase of N1.4bn Worth Of Vehicles for Niger Republic   The Federal Government has confirmed that it purchased vehicles worth N1.4 billion to help Niger Republic tackle insecurity. The Minister of Finance, Budget, and National Planning, Zainab Ahmed, gave the confirmation on Wednesday, explaining that...