The Federal Government of Nigeria
says it will not totally ban the importation of fairly used vehicles, popularly
known as tokunbo.
It said the proposed ban will
only take full effect when a robust finance scheme is launched to enable
citizens to buy brand new ones.
The Director General, National
Automotive Design and Development Council (NADDC), Jelani Aliyu, made this
disclosure at a stakeholders’ forum yesterday in Lagos.
Aliyu, while expressing
government’s commitment to implementing the national automotive policy, said
the FG would introduce a vehicle finance scheme before the end of the year.
According to Aliyu, “the NADDC
would work closely with the other stakeholders to address the sector’s
challenges and promote initiatives that would enable it to produce affordable
vehicles that would ease the country’s mass transport challenges”.
He also hailed the passage of the
National Automotive Industry Development Plan (NAIDP) Bill by the House of
Representatives and the move to do the same by the Senate.
Click to signup for FREE news updates, latest information and hottest gists everydayAdvertise on NigerianEye.com to reach thousands of our daily users
No comments
Post a Comment
Kindly drop a comment below.
(Comments are moderated. Clean comments will be approved immediately)
Advert Enquires - Reach out to us at NigerianEye@gmail.com