Nigeria imported used vehicles worth N770.13bn in 2021, representing 3.7 per cent of the total import bill recorded in the year, the Nigerian Bureau of Statistics (NBS) has reported. According to the NBS, the used vehicle popularly referred…
Prof. Abdullahi Mustapha, the Director-General (D-G), National Biotechnology Development Agency (NABDA), says Nigeria can end its reliance on the importation of bioethanol with local production. Mustapha said this during an interview with newsmen in Abuja on Thursday, after making his presentation at the ongoing 2022 Science, Technology and Innovation (STI), Expo. The News Agency of…
Following the outstanding success of its award-winning CoolRay SUV, Geely Nigeria, the exclusive Partnership between Mikano International and Geely Autos, is set to launch a brand new luxury SUV. Since establishing an operation in Nigeria, the global auto giant has had an exemplary run towards establishing itself as one of the fastest-growing auto brands in…
The Lagos Chamber of Commerce and Industry (LCCI) and energy stakeholders have called for the removal of subsidies on petroleum products to save money for investment in infrastructure. They gave the advice at LCCI’s fuel subsidy awareness seminar on Tuesday in Lagos. Dr Michael Olawale-Cole, president, LCCI, noted that with a monthly payment of about…
