The Nigerian Automotive Design and Development Council is asking for a ban on imported vehicles above 20 years to stop Nigeria from becoming a dumping ground.
Vehicle importation into the country has again worsened as the biggest roll-on-roll-off terminal in the country, Ports & Terminal Multipurpose Limited expects just 1,050 units of vehicles in 11 days.
Vehicle dealers and importers in Nigeria have decried the scarcity of foreign exchange for the drop in imports, revenue, and value of importer vehicles.
The prolonged foreign exchange scarcity and poor policies have led to increased volumes of overtime and abandoned cargoes at various ports across the country, writes ANOZIE EGOLE