Nigeria: Citizens Spend N487 Billion Annually On Vehicle Import

29 August 2011

The Director General (DG), National Automotive Council (NAC), Mr. Aminu Jalal, has revealed that vehicles imported annually into the country are worth N487 billion.

Jalal, who made the disclosure in Abuja , while playing host to the Minister of State for Trade and Investment, Chief Samuel Ortom, explained that a total of 80,000 new and 200,000 used vehicles were imported into Nigeria in 2008 alone.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.