Connect with us

Politics

Nigerians React As Government Reveals Strategy To Put An End To Vehicle Smuggling

Published

on

The Nigerian government has announced a strategy to combat vehicle smuggling into the country through the implementation of the National Vehicle Registry Policy, known as VREG….CONTINUE READING....KINDLY READ THE FULL STORY HERE▶

 

 

 

VREG consolidates vehicle data from various agencies, including the Nigeria Customs Service, Vehicles Inspection Offices, the Police, National Central Vehicles Data, and the Federal Road Safety Corps’ database.

During the VREG Zonal Sensitisation Campaign in Abuja, the Minister of Finance and Coordinating Minister for the Economy, Wale Edun, emphasized that this initiative aims to address customs duty evasion by vehicle importers.

FRSC Denies Seeking Government Approval For Officers To Bear Arms

Edun stated, “The Federal Ministry of Finance is tasked with managing the nation’s finances and revenue streams. Faced with declining revenue due to falling oil prices and a mono-economy, worsened by revenue leakages such as customs duty payment evasion, the government found it necessary to provide effective responses to these issues.”

He further highlighted the absence of a centralized platform for national vehicular information in Nigeria, despite being the largest vehicle importer in Africa. The VREG, introduced in 2021, addresses challenges such as customs duty evasion, data paucity for vehicular policy formulation, nationwide vehicle administration for revenue leakages, vehicle theft, vehicle-related crimes, road traffic regulation enforcement, limited access to credit facilities, and ineffective vehicle insurance coverage and monitoring.

Ahead of 2027, Wike Pushes for Inclusive Political Approach to Secure Tinubu Victory

Edun emphasized the positive impact of VREG, stating, “Since the emergence of VREG in 2021, several benefits of the registry have been achieved, including its use as a tool to mitigate the evasion of customs duty administration. Currently, VREG seamlessly integrates with critical stakeholders, facilitating real-time, dynamic information exchange.”

Stay connected via Google News
Follow us for the latest travel updates and guides.
Add as preferred source on Google
Advertisement

latest

“South Has Had More Time In Power” — Atiku Speaks On Zoning Debate

Published

on

Former Vice President Atiku Abubakar has argued that the North is not disadvantaged in Nigeria’s power-sharing arrangement under democratic rule.....KINDLY READ THE FULL STORY HERE▶

Atiku made the statement during an interview on Arise Television, where he spoke on zoning, fairness, and political balance in the country.

He noted that since Nigeria’s return to civilian rule in 1999, the South has held the presidency for about 18 years, while the North has governed for roughly 10 years.

According to him, this should be taken into account when discussing which region has benefited more from the country’s power rotation system. He also maintained that the Peoples Democratic Party (PDP) remains the only major political party with zoning clearly embedded in its constitution.

Lagos State Governor, Babajide Sanwo-Olu, Leads Delegation To Address Oshodi-Apapa Expressway Traffic Congestion

“The South has governed for 18 years and the North for 10. So who is really in deficit if we are being fair? Even more broadly, the only party with zoning formally entrenched is the PDP,” he said.

Atiku also recalled the constitutional conference held during the military era under General Sani Abacha, where he led a group that opposed the inclusion of rotational presidency in the constitution.

Certificate Of Return Presentation Scheduled For PDP’s Ekiti Governorship Candidate.

He said the proposal, championed by the late former Vice President Alex Ekwueme, was rejected at the time because his group had majority support among delegates.

According to him, Ekwueme later acknowledged that the decision may not have been ideal during his funeral years later. Atiku added that he now believes a rotational system, if adopted earlier, could have ensured a more balanced distribution of power across Nigeria’s regions.

Stay connected via Google News
Follow us for the latest travel updates and guides.
Add as preferred source on Google
Continue Reading

latest

“Obasanjo Set Up Panel To Investigate Me” — Atiku Opens Up On Source Of His Wealth.

Published

on

Former Vice President Atiku Abubakar has spoken about the source of his wealth, saying it was built long before he entered politics through years of business investments.....KINDLY READ THE FULL STORY HERE▶

Atiku made the remarks during an interview on Arise Television on Wednesday, where he explained that his fortune came from ventures across logistics, real estate, agriculture, education, and the oil and gas sector.

He said he was already a fully established businessman before joining politics and had interests spread across different parts of the economy.

According to him, his financial background has never been in doubt because of how his wealth was acquired.

Federal Executive Council Approves $1.5 Billion World Bank Loan For Nigeria's Economic Revival

Atiku also recalled his role in the early formation of the Peoples Democratic Party (PDP), stating that he was among its key founders and also contributed financially to its establishment.

He further noted that during the administration of former President Olusegun Obasanjo, a panel was set up to investigate his activities. He said the panel included figures such as Nasir El-Rufai and Nuhu Ribadu, and that he allowed the process to proceed without relying on his immunity.

“I made my money through business before joining politics. I invested in oil and gas, logistics, agriculture and other sectors,” he said.

Senate Approves MTEF/FSP, Paves Way For Tinubu’s 2026 Budget Submission.

“I was already established in business before I came into politics.”

“I played a major role in setting up the PDP and contributed financially to its formation.”

“No one accused me of corruption because my sources of income were clear.”

“A panel was set up to investigate me, and I allowed it to go ahead without hiding behind immunity,” he added.

Atiku remains active in Nigerian politics and is currently seeking the presidential ticket of the African Democratic Congress ahead of the 2027 general election.

Stay connected via Google News
Follow us for the latest travel updates and guides.
Add as preferred source on Google
Continue Reading

latest

ADC Cracks Down: Oyegun, Osunbor, Others Suspended Over Alleged Anti-Party Moves.

Published

on

A fresh leadership crisis has erupted within the African Democratic Congress (ADC) in Edo State, as a faction of the party announced the suspension of two former governors, two ex-senators and several other members over alleged misconduct.....KINDLY READ THE FULL STORY HERE▶

The decision was announced on April 15, 2026, after a meeting of the faction’s State Executive Committee.

Among those suspended are former governors John Odigie-Oyegun and Osareimen Osunbor, as well as former senators Yisa Braimoh and Ehigie Uzamere.

Others affected include Nosa Ehima, former Oredo Local Government chairman; Sylvester Ewanehi, a former state commissioner; Tony Alile, the party’s newly elected Edo chairman; Jafaru Sumaila; Stella Alli; Igieogbe Asemota; and Christopher Ojeikere, the state publicity secretary.

Factional state chairman Kennedy Odion said the suspension followed allegations of insubordination, anti-party conduct and failure to comply with party directives.

Lagos State Governor, Babajide Sanwo-Olu, Leads Delegation To Address Oshodi-Apapa Expressway Traffic Congestion

He also accused the affected members of setting up parallel structures within the party and engaging in actions capable of causing division and confusion.

According to Odion, the State Executive Committee further found that some of the suspended members were involved in groups not recognised by the party’s constitution.

As part of the disciplinary action, all affected members have been barred from attending meetings, participating in party activities, making decisions on behalf of the ADC, or presenting themselves as party representatives.

The directive also instructed all party organs across Edo State to deny the suspended members recognition and access throughout the suspension period. Local government and ward executives were directed to ensure full compliance and report any breaches.

APC Chairman Applauds Author For Documenting-Governor Sule's Progress In Nasarawa State (Details)

Odion said each affected member would receive a formal notice detailing the allegations and would be invited to appear before the State Disciplinary Committee to defend themselves, call witnesses and seek representation if necessary.

He added that the disciplinary process would follow the party’s constitutional procedures, while those suspended have the right to appeal within 14 days. Any appeal, he said, would be reviewed and decided within 21 days.

The faction said the suspension takes immediate effect and is binding on all party structures in the state.

Stay connected via Google News
Follow us for the latest travel updates and guides.
Add as preferred source on Google
Continue Reading

Trending

Copyright © 2023 NIVONEWS

×