Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed. Photo: FACEBOOK/FEDERALMINISTRYOFFINANCE
Minister of Finance, Budget and National Planning, Zainab Ahmed, yesterday, said over N1.8 trillion smuggled vehicles were received in Nigeria.
Opening a seminar on Vehicle Identification Number (VIN) in Kano, she clarified that the figure was recorded between October 2018 and September 2019.
Represented by a director in the ministry, Hajia Fatima Hayatu, the minister said statistics also showed that the most populous black nation imported 400,000 automobiles between 2015 and 2020. x
According to her, 40 per cent of the imported vehicles were smuggled into the country, while 22 per cent, which mostly evading duty, were stolen.
Nigeria Imported 400,000 Cars In 5 Years
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Nigeria imported 400,000 vehicles in 5 years - Minister
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