FG tasks NAC on vehicle purchase scheme

The Vice President,  Prof. Yemi Osinbajo has challenged the National Automotive Design and Development Council to develop a comprehensive vehicle credit purchase scheme that would enable Nigerians to afford new vehicles.
A statement issued by the Vice President  Senior Special Assistant on Media and Publicity, Mr Laolu Akande, said Osinbajo made the call on Monday during a briefing by the council in his office in Abuja.
He said: “The council bill is taking time but it should be made to work for those who cannot afford new vehicles.”
According to the statement, Osinbajo  was concerned about the strategy for raising funds and pressure which the importation of used vehicles exerted on the foreign exchanged.