Automobile

The Federal Government has announced the introduction of a policy that mandates all vehicles owners to obtain a Proof of Ownership Certificate (POC). Unveiling the new policy at the Bagauda Kaltho Press Centre, Alausa, Lagos, the Permanent Secretary, Ministry of Transportation, Engr AbdulHafiz…

Motor Vehicle Administration Agency ( M V A A ) of Lagos State has slammed a fresh N4,600 charge on all imported vehicles coming out of Lagos ports. The tariff is known as Temporary Vehicle Tag (TVT). Annually, average of 240,000 used…

Jamaica has disclosed plans to source for vehicles from Innoson Vehicles Manufacturing in Nigeria. This plan was revealed by Jamaican High Commissioner to Nigeria, Esmond Reid during a facility tour of IVM plant in Nnewi, Anambra State on Saturday. He said, “For us, it…

Many Nigerians say the current hike in the prices of imported vehicles popularly known as “Tokunbo” has affected their desire to own cars. They said this in an interview with the News Agency of Nigeria (NAN) in Abuja on Sunday. They attributed the increase…

There was a drop of about 40 per cent in the number of imported vehicles that came into the country between January and October this year through the Ports & Terminal Multipurpose Limited compared to the figure for the same period of the…

Importation of used vehicles into Nigeria has declined since the introduction of the Vehicle Identification Number, VIN, by the Nigeria Customs Service. A member of the National Association of Government Approved Freight Forwarders, Ugochukwu Nnadi, disclosed this to press in a telephone call…

Clearing agents have asked the federal government to increase the age limit of vehicles coming into the country to 15 years. Kayode Farinto, acting national president of the Association of Nigerian Licensed Customs Agents (ANLCA), said this in a felicitation message to Muslims…