Nigerian House of Representatives Condemns Absence of Vehicle Finance Schemes, Plans Stakeholder Engagement
The Nigerian House of Representatives' Industry Committee has condemned the lack of vehicle finance schemes in Nigeria, highlighting the impact on the country's socio-economic development. The committee, led by Dr. Enitan Badru, plans to invite stakeholders such as the Central Bank of Nigeria, Bank of Industry, and National Automotive Design and Development Council to provide solutions for financing vehicle purchases in Nigeria.
During a visit to Toyota Nigeria Limited in Lagos, the committee observed the need for affordable financing options. Proforce, a Nigerian defense solutions provider in Ogun State, was also commended for its export activities.
Plus234Feed summary based on reporting from This Day. Read the original report below.
Read full article
Continue on This Day
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
NADDC and Industry Leaders Laud Nigerian Senate for Electric Vehicle Bill
Abuja Motor Fair to Spotlight NAIDP Legislation and Automotive Innovation
JAC Motors Urges Nigerian Government to Enact Auto Policy
Nigerian House of Reps to Regulate Cryptocurrency and PoS Operations
Reps Summon CBN and Banks Over Arbitrary Charges
Group Urges Nigerian National Assembly to Hold Executive Accountable for Loans and Budget Implementation
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
