There are indications that buyers of luxury automobiles on sale in Nigeria would soon start paying more, as the Federal government pushes through the National Assembly a bill to jerk up value Added Tax (VAT) from 7.5% to 15%. To this end, some of the goods and services that may be affected include Luxury automobiles…
The CNG car explosion that occurred on Wednesday at a filling station in Benin City, Edo State, was caused by an illegal conversion with a substandard cylinder fabricated by a local welder, the Presidential CNG Initiative has revealed. Responding to the incident in its X handle, PCNGi said a close examination of the cylinder in…
The National Automotive Design and Development Council (NADDC) on Monday handed over an Electric Vehicle donated by CIG Motors Nigeria, the “WULING 2023” to Mr. Enoch Tobilola Oluwagbemi, the winner of the CNG Hybrid Design Competition . The presentation took place at the NADDC Headquarters in Abuja. Speaking during the presentation ceremony held at the…
Yingqi Auto Machinery Co., Ltd., an auto company specializing in car engine refurbishment, has been established in Lagos to help motorists maximize the lifespan of their vehicles. In addition, the company provides automotive new energy technology support to companies in the automotive industry, including natural gas engines, electric vehicles and other technologies. Based in the…
