Nigerians imported N1.47trn worth of vehicles in 2023, putting pressure on forex – NADDC

The National Automotive Design and Development Council, NADDC, says Nigeria’s reliance on imported vehicles puts pressure on forex and hinders job creation and economic growth. The Director-General of NADDC, Joseph Osanipin, made the assertion at a Nigerian Auto Industry Summit on Thursday in Lagos. The summit was organised by the Nigeria Auto Journalists Association, NAJA, [...]The post Nigerians imported N1.47trn worth of vehicles in 2023, putting pressure on forex – NADDC appeared first on Daily Nigerian.

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