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The Vice President of Ni
geria, Yemi Osibanjo says that Federal Government functionaries may be compelled to buy made-in-Nigeria vehicles as official cars and other users as part of measure to boost local production of automobiles.
Osibanjo disclosed this during a just-concluded motor fair in Abuja recently.
He also revealed plans to review the nation’s automobile policy introduced in September 2013 to curtail the influx of used and fully assembled vehicles.
Represented by the acting Permanent Secretary, Ministry of Industry, Trade and Investment, Mohammed Badamasuyi, the Vice President reiterated that “Government is aware that low patronage is one of the challenges confronting the domestic automobile industry.
In this regard, this administration will lead the campaign of buying made-in-Nigeria vehicles through public procurement to stimulate the industry.”
According to the Vice President, “the government will collaborate with the local automobile industries and banks to provide interested individuals with soft loans to enable the masses to purchase locally-made-cars at discounted prices and pay over a period of time.”
He expressed concern over the high cost of importing vehicles into the country and its impact on the economy, stressing that the government was seeking ways to improve the auto policy to address the problem.
Osibanjo said, “Government will seek new ways of improving the Automotive Industry Development Policy in order to protect the industry. The high cost of importing fully built vehicles and used cars into the country is having serious impact on the economy.
He however noted that the country is currently importing about 400,000 vehicles annually with a total bill of about N1.2 trillion, which made the sector second largest consumer of foreign exchange in the country.
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Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
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