Vice-Presidential candidate of the All Progressives Congress, Prof. Yemi Osinbajo, has assured Nigerians that if elected, the Maj. Gen. Muhammadu Buhari-led government will slash tariffs on imported vehicles.

Osinbajo also said that the APC government would tackle the electricity problem confronting the people by decentralising power generation across the country.

At a town hall meeting of political stakeholders in Ondo on Tuesday, Osinbajo said Buhari would not Islamise Nigeria, contrary to the campaign smear of the Peoples Democratic Party.

He said, “We do not agree that there should be high tariffs on imported cars, whether new or old ones, because Nigeria is not producing cars for now.

“What we will do first is to fix power and encourage local production of cars. But before then we will reduce the high tariffs that Nigerians are paying to import vehicles into the country.”

He said that Nigerians should not find it difficult to purchase cars for their social and economic activities and that the APC government would ensure lower tariffs when voted into power.

On power, the vice presidential candidate said the problem of power in Nigeria was traceable to the lack of supply of gas to the power plants.

He promised that module power plants would be situated in neighbourhoods where power is needed while gas would be supplied to the plants, using trucks and other means besides pipelines.

He said the model had already been put to use in Lagos State where such plants supply power to designated neighbourhoods.

Osinbajo also debunked fears that the APC government would ban commercial motorcycles across the country, saying commercial motorcycles would be allowed provided riders obey laws and keep the rules in the states where they operate.

Kennywills7:

misplaced priority alert

Zikkyy:


The auto policy is misplaced priority. Good idea but Nigeria is not ready for it.

Zikkyy:


The auto policy is misplaced priority. Good idea but Nigeria is not ready for it.

kettykin:
Again slashing tarrif on imported cars will kill the local car production plants, increase unemployment and make the economy less robust and more prone to oil price shocks.

The idea of modular power stations doesn't scale well for a country talking of industrialization, the major issues now is that of sabotaging of gas pipeline serving big power stations like egbin etc.
The ideal thing is to build more power stations closer to the source of gas in sapele, warri Aba etc and offload the power generated to the power grid with in those areas the power can now get to any location that need the power Instead of modular power stations that can not generate above 10MW and will need separate integration to the grid.

The policy of reducing tarrif to import goods manufactured in the country is an economic blunder and whoever proposes that hates the economy