Automotive industry stakeholders have commended the Federal Government’s plan to deploy mass transit buses that run on compressed natural gas (CNG) to the states as part of measures to mitigate the impact of petrol subsidy withdrawal. Among them are indigenous manufacturers of buses powered by CNG and LNG (liquefied natural gas) who have assured of…
In furtherance of his desire to ease the burden of the fuel subsidy removal on students of higher institutions of learning, President Bola Tinubu has approved the provision of buses to the students’ bodies of all universities, polytechnics and colleges of education across the country. The President desires to see that students can access their…
The Nigeria Automotive Manufacturers Association (NAMA) has inaugurated a new board with with the Managing Director of PAN Nigeria Limited, Kaduna, Ms Taiwo Oluleye as the Chairman. Constituted at a meeting held on Thursday, the newly constituted board of the association is made up of seven members with Mr. Frank Nneji, managing Director of Transit…
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,…
