President Bola Tinubu has suspended the Import Adjustment Tax (IAT) on imported vehicles, a policy approved by the former president Muhammadu Buhari at the twilight of his administration. Special adviser to the president on special duties, communication and strategy, Dele Alake, made the disclosure on Thursday during a media briefing held at the presidential villa,…
Lagos State Government of Nigeria has announced its plan to, in the near future; establish an assembly plant for electric buses. The Governor of the state, Babajide Sanwo-Olu made the disclosure on Sunday while announcing the arrival of newly acquired electric buses for commercial transport across the state. The Governor said: “I am excited to…
CFAO Motors, a leading distributor of mobility products and services in Nigeria, has been appointed as an official distributor of Toyota vehicles in Nigeria. Effective immediately, this appointment positions CFAO Motors as the second official distributor of Toyota vehicles in the country, and reinforces the company’s commitment to providing high-quality mobility solutions to its customers. Toyota is a…
Contractors in charge of the Mile 2 -Tin Can port road construction have abandoned the project, due to the incessant and indiscriminate dumping of refuse along the port corridors, Shipping Position Daily has reported. This is even as the Nigeria Ports Authority (NPA) in collaboration with the Federal Ministry of Works and Housing have expressed…
