₦airaland Forum

Abuja – Federal Government don announce plan to cash in on Nigeria informal motor recycling market, as dem project say country fit make more than ₦150 billion every year from 2026, when compulsory vehicle recycling fee go start.
National Automotive Design and Development Council (NADDC) talk this one for statement wey dem release on Sunday. Director-General of the council, Joseph Osanipin, say the plan go run through fully approved End-of-Life Vehicle (ELV) programme.
According to Osanipin, the new policy go organise how old and worn-out motors dey recycled, instead of make dem dey abandoned for roadside, cause safety and environmental wahala.
For him words, “For developed countries, when you buy new motor and register am, you go pay small money wey go cover how dem go take dispose the motor when e don old. Somebody must take responsibility.”
He say Nigeria go follow same pattern, as motorists go pay small recycling fee during vehicle registration, to support clean and proper disposal. Though e admit say people fit complain at first, but say the long-term benefit big well well.
Osanipin explain say Nigeria already get strong informal spare parts market, popularly called Belgian parts, and studies show say over 85 per cent of parts from old motors still dey usable or recyclable.
“Instead make people dump motor for roadside, dem fit turn am in and still make money. This circular economy go worth billions of naira every year if dem manage am well,” he talk.
Apart from revenue, he say the programme go create thousands of jobs for dismantling, repairs, logistics and spare parts business.
The announcement come as Nigeria motor import market dey recover. Recent data show say passenger motor car imports reach about ₦1.01 trillion for first nine months of 2025, from ₦894bn same period last year.
Osanipin also announce say from 2026, government go introduce mandatory pre-export certification for all fairly-used motors coming into Nigeria, to stop exporters from dumping scrap vehicles inside the country.
He say Nigeria na one of few African countries wey never get such rule before, and some foreign exporters dey use that take advantage.
“One exporter even tell me say dem ship eight containers of end-of-life motors to Nigeria because na here dem dey make highest profit,” Osanipin reveal.
He add say na exporters go pay for the certification, not Nigerian buyers.
As part of long-term reforms, NADDC also dey plan to convert petrol and diesel motors to electric vehicles (EVs) and compressed natural gas (CNG). Training programmes for EV maintenance and vehicle conversion don already start.
Osanipin say Nigeria engineers and students dey already design tricycles, buses and electric campus shuttle buses with universities and private partners.
He stress say real money for auto industry dey component manufacturing, like tyres, batteries, brake pads and filters, wey Nigeria dey spend more money on pass complete vehicle imports.
Finally, he reveal say government wan turn the National Automotive Industry Development Plan (NAIDP) into law, as Auto Industry Bill go soon reach National Assembly.
“Investment for auto sector big. Dem need Act to protect am,” Osanipin talk, as he call 2026 a turning point for Nigeria automotive industry.
Source:TheStreetNewspaper

Tax go finish us coming 2026. The year of tax

Another layer of taxation.

IF Tinubu wins in 2027, Nigeria would look like HELL and Nigerians would DESERVE it.

This is a government of ZERO ACCOUNTABILITY marked with a level of INSECURITY we've NEVER seen before in the history of Nigeria.

YET Nigerians are being gradually STRANGLED under the weight of MULTIPLE taxes.

First, he removed fuel subsidy. So motorists have to pay MORE for fuel. And non-motorists have to pay more for FARES.

NOBODY knows where the savings on fuel subsidy is going.

Then, he FLOATED the Naira and car importers have no option but to pay what was previously considered BLACK MARKET RATES to import cars and car buyers have to PAY through the NOSE to buy 15-year old cars.

Then, there is the Tinted Permit which is basically another form of TAX.

NEXT year, the 5% SURCHARGE (read tax) on all fuel purchases would likely be implemented.

Then, they'd TOP it off with another TAX in the form of Motor Recycling Fee.

In addition to that, he also wants Exporters to pay for a PRE-EXPORT Certificate which will definitely be passed on to Importers who'll pass it on to Final Car Buyers.

This is ALL in addition to the 7.5% VAT you'll need to pay when you buy a car.

To buy and own a car next year, you'll NEED to sell your kidney, your mother's kidney, your father's kidney and your Grandma's kidneys too.

ONLY good thing is that your Village People would AVOID you 'cause they won't like the way you'd be eyeing their kidneys too.

Tinubu is trying to MURDER Nigerians!

Ontop of stealing out common wealth this government wil suck us like yoghurt, basic security they cannot provide we r finished

This is a welcome development. The environmental benefits alone are worth it.

Lagos landlord living large off the means of the poor without giving anything back. It's always been tax, tax, and tax!

Namaster:
IF Tinubu wins in 2027, Nigeria would look like HELL and Nigerians would DESERVE it.

This is a government of ZERO ACCOUNTABILITY marked with a level of INSECURITY we've NEVER seen before in the history of Nigeria.

You all keep comparing Nigeria to developed countries yet you would fight everything developed countries do to be developed.


What is wrong with recycling?

What this law simply means (let me remove the abracadabra of APC and their smokescreen narrative) is that . . .

IF YOU HAVE A BROKEN DOWN VEHICLE PARKED IN PUBLIC DOMAIN then say bye-bye to the scrap heap or prepare to pay tilumbu's tax for keeping it as a souvenir 🤗

Una for inside 9ja ehn . . . Hehehe 🤭 2026 go strong sha 😏

Good

Circular economy, I like that

Salewa97:
Good

Circular economy, I like that

NL powerful AI is yet to detect this bot.

U sey

HgAkpobomeEr:
This is a welcome development. The environmental benefits alone are worth it.

This 2026 is not looking promising especially the middle class and the rich ( without power or political influence). Their wealth base will be affected by tax.

Indirectly, the poor will still bear the price.

This is a welcome development.

Next year will be really tough.

I can't just imagine where all this money they'll be getting will go to

This is a great initiative and it will help address the environmental pollution caused by abandoned vehicles.