NADDC Mulls Incentives for Electric vehicle Buyers, Sellers

The National Automotive Design and Development Council (NADDC) has reiterated its commitment to the local production of environmentally friendly Electric Vehicles (EVs) for use by Nigerians. The Director-General of the NADDC, Jelani Aliyu, spoke in Lagos at the just concluded Nigerian Energy Summit II, organized by Germany, the Federal Ministry of Power, and the European…

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Group Kicks Against Collection of NAC Levy on Used Vehicles

Africa Association of Professional Freight Forwarders and Logistics of Nigeria (APFFLON) has lampooned the Nigeria Customs Service (NCS) over its inability to maintain a firm stance on auto policy. In a statement signed by its National President, Otunba Frank Ogunojemite, on Wednesday, stated that the NAC levy should be limited to brand new vehicles and…

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Custom Reveals Rationale Behind Vehicle Import Duty Slash

The Nigeria Customs Service (NCS) has explained the rationale behind the new duty on imported vehicles and the collection of National Automotive Council (NAC) levy.          National Public Relations Officer (PRO) of the Service; Mr Timi Bomodi, a Deputy Comptroller, explained that there is a new ECOWAS Common External Tariff (CET) for 2022 to 2026, and…

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Organization Solicits Support for Cycling In Nigeria

The African Urban Cycling Organization (AUCO), a Non-Governmental Organization (NGO), is soliciting the support of the Ministry of Transportation to promote cycling in the country. The President of AUCO, Mr. Emmanuel John, made the call when he led a team to visit the Minister of State for Transport, Sen. Gbemisola Saraki in Abuja on Tuesday….

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