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Buhari Still Uses Jonathan’s Old Cars

President Muhammadu Buhari arrived home on Thursday night from his trip to the United States. Among the photographs capturing the tempered homecoming reception , were several showing the car that took the president home in Aso Villa. A closer look shows that the black Mercedes Benz Maybach  is old, the colour  is devoid of any sheen and there are scratches ...

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Kia Motors Posts Global Sales of 240,028 Vehicles in 30 Days

Kia Motors Corporation announced its April 2018 global sales figures for passenger cars, recreational vehicles (RVs) and commercial vehicles, recording a total of 240,028 units sold, increasing 9.3% from 2017. In April, sales in Korea totalled 50,004 units, representing an increase of 14.9% compared with the same month last year led by strong sales of K3 compact sedan (known as ...

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May Day: State Offers Car Loans To Workers in Nigeria

Government of Nasarawa State of Nigeria  is set to give car loans to its civil servants., Umaru Al-Makura, governor of the state disclosed this on Tuesday during the 2018 Workers’ Day celebration in Lafia. According to News Agency of Nigeria, the governor has already approved N100 million for the loans, which would be given to interested civil servants. And, when implemented, ...

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NNPC Underpayment Stalls Federation Account Allocation Committee Meeting

The Federation Account Allocation Committee (FAAC) meeting scheduled to hold on Wednesday was postponed due to alleged underpayment into the federation account by the Nigerian National Petroleum Corporation (NNPC) Mr Mahmoud Yunusa, Chairman, Forum of Finance Commissioners of FAAC, who disclosed this to newsmen in Abuja, said the postponement was unfortunate. He said it was the second consecutive month that the Nigerian ...

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NPA Bans Return of Empty Containers to Seaports

The Management of the Nigeria Ports Authority (NPA), Lagos says henceforth, agents are no longer allowed to return empty containers to the nation’s seaports after being cleared. The Traffic Manager, Lagos Ports Complex, Mr Victor Oginni, said this while speaking with newsmen at the end of a tour of access roads to the ports on Tuesday. According to him, the empty ...

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Ex-NADDC Director Slams Critic of Nigeria’s Automotive Policy

…Says the Policy has not Raised Tariff on Imported Used Vehicles … Proffers Solution to Importation of Accident vehicles Former Director of Strategy and Policy, National Automotive Design and Development Council (NADDC), Mr. Luqman Mamudu has described the recent statement credited to Managing Director of PTML Terminal, Mr. Ascanio Russo, criticising the Nigerian Auto policy as having no base. Recently, ...

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PTML Terminal Scores Nigeria’s Auto Policy Low

…Says 50% of Vehicles Imported to Nigeria are Still Smuggled The Federal government’s automotive policy has received a hard knock, as Managing Director of PTML Terminal, Mr. Ascanio Russo, said the policy had contributed nothing to the nation’s economy since established four years ago. Speaking while receiving the Executive Secretary of the Nigerian Shippers’ Council, Hassan Bello, who visited his ...

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