CFAO Motors, a subsidiary of the CFAO group, the largest automotive distribution network in Africa with over 158 subsidiaries, recently launched LOXEA by CFAO in Nigeria. Already present in 22 African countries, LOXEA offers operating lease and fleet management solutions. Now customers can have better access to the CFAO range of products; Mitsubishi and Suzuki…
Nigeria’s automotive industry has attracted over N500 billion from private investors, The Director-General (DG) of National Automotive Design and Development Council (NADDC), Jelani Aliyu disclosed this recently, when addressing newsmen on what the council has been doing to bolster the local production of vehicles in Nigeria. According to Aliyu, the council has encouraged, supported, and…
Two Nigerian freight forwarders operating in Houston, Texas, United States, have appealed to the Federal Government and the Nigeria Customs Service (NCS) to review the new levy on imported used vehicles. Ms Adetutu Adeparusi, Automated Logistic Manager and Ms Osayi Ero, Logistic Manager of Double A. Logistic and Procurement Company in Bellaire, Houston, made the…
Clearing agents have again abandoned vehicle clearance at the Tincan Island Port, Lagos State, due to confusion over the 15 per cent National Automotive Council (NAC) Levy. Mr Lucky Amiwero, President, National Council of Managing Director of Licensed Customs Agents (NCMDLCA), made the disclosure in a statement in Lagos on Thursday. He said that clearing…
