Nigerian Federal Government says it will not totally ban the
importation of fairly used vehicles, popularly known as tokunbo. It said the proposed ban will only take full effect when a robust
finance scheme is launched to enable citizens to buy brand new ones.
The Director General, National Automotive Design and Development
Council (NADDC), Jelani Aliyu, made this disclosure at a stakeholders’
forum yesterday in Lagos.
Aliyu, while expressing government’s commitment to implementing the
national automotive policy, said the FG would introduce a vehicle
finance scheme before the end of the year.
According to Aliyu, “the NADDC would work closely with the other
stakeholders to address the sector’s challenges and promote initiatives
that would enable it to produce affordable vehicles that would ease the
country’s mass transport challenges”.
He also hailed the passage of the National Automotive Industry
Development Plan (NAIDP) Bill by the House of Representatives and the
move to do the same by the Senate.