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Ahmed said this during a sensitisation programme on the national vehicle registry (VREG) platform in Kano on Tuesday.
She said the VREG platform will curb import duty evasion and car theft.
The
VREG was created by the ministry of finance, budget and national planning in collaboration with the Nigeria Customs Service (NSC) in April 2020.
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It was
developed to tackle the security situation and evasion of customs duty payment of imported vehicles; as well as eliminate stolen, accident-wrecked and unsafe vehicles sales in the Nigerian market.
Ahmed, represented by Fatima Hayatu, director of technical services in the ministry of finance, said data obtained from the National Bureau of Statistics (NBS) showed that an average of 400,000 vehicles were imported into Nigeria in five years.
Ogun govt, PDP ex-governorship aspirant clash over diverted N64bn LG funds premiumtimesng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from premiumtimesng.com Daily Mail and Mail on Sunday newspapers.
Nigeria’s daily petrol consumption data have always been a subject of controversy, with the numbers released by those who should know, sometimes not only conflicting, but wouldn’t just add up. Emmanuel Addeh writes that the Nigerian National Petroleum Corporation’s recent revelation that the country’s fuel consumption rose by over 100 per cent in just four months has further added to the extant confusion.
It is now public knowledge that despite being Africa’s largest oil producer, Nigeria imports all its petroleum product needs from outside the country and indeed outside the continent at huge logistical, handling and foreign exchange costs to the country.
JIN DING/CHINA DAILY
Editor s Note: Foreign direct investment has played a major role in China s rapid economic development, but now China has become, along with the top FDI destination, the largest source of outward foreign direct investment in the world, writes a veteran journalist with China Daily in the first of a series of commentaries on the importance of foreign investment.
China not only largely contained the COVID-19 pandemic and resumed near normal economic activity but also became the only major economy in the world to achieve positive growth last year. Accompanying this success story were two more pieces of good news: that China had become the top destination for foreign direct investment (FDI) and source of outward foreign direct investment (OFDI) in the world.
LCCI tasks government on job creation, infrastructure to check migration — Business — The Guardian Nigeria News – Nigeria and World News guardian.ng - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from guardian.ng Daily Mail and Mail on Sunday newspapers.