Connect with us

News

FG To Impose Mandatory Vehicle Recycling Fee From 2026, Targets N150bn Annual Revenue

Published

on

Vehicle owners in Nigeria will be required to pay a mandatory vehicle recycling fee during registration from 2026 as the Federal Government moves to formalise the country’s vehicle disposal sector.

The National Automotive Design and Development Council (NADDC) announced the new charge on Sunday, projecting that it would generate over N150 billion annually for government coffers.

Director-General Joseph Osanipin disclosed that the fee would be collected at the point of vehicle registration under a newly approved End-of-Life Vehicle programme, forcing all vehicle buyers to contribute towards future disposal costs.

“In developed countries, when you buy a new vehicle, during registration, you make a payment towards the disposal of that vehicle when it reaches the end of its life. When it gets to the end of its life, somebody has to be responsible for the disposal,” Osanipin said.

He acknowledged that the additional charge would likely face public resistance but insisted it was necessary to fund environmentally sound vehicle disposal and recycling.

The policy seeks to formalise Nigeria’s thriving informal second-hand parts market, commonly known as the Belgian parts sector, where concerns about the durability of new components drive significant demand.

According to the Council research, over 85 per cent of parts from end-of-life vehicles can be reused or recycled.

“If someone has an alternative, instead of abandoning vehicles by the roadside, you can turn them in and still make something out of them. The circular economy associated with this will be worth billions of naira every year, if well managed,” Osanipin stated.

The Director-General said the recycling ecosystem would create employment opportunities across vehicle dismantling, component refurbishing, logistics and parts resale sectors.

The fee comes as Nigeria’s vehicle import sector recovers from previous slumps. Passenger motor car imports reached approximately N1.01 trillion in the first nine months of 2025, compared to roughly N894 billion during the same period in 2024.

National Bureau of Statistics data showed the recovery gained momentum in the second half of 2025, with third-quarter figures showing substantial increases that offset slower performance earlier in the year.

The resurgence highlights the continued dominance of the fairly used vehicle segment in Nigeria’s automotive market, alongside persistent challenges including high landing costs, currency fluctuations, and heavy import dependence.

From 2026, NADDC will also implement mandatory pre-export certification for all used vehicle imports to prevent the dumping of deteriorated and end-of-life vehicles into Nigeria.

Osanipin said Nigeria remains amongst the few African nations without such requirements, making it an attractive destination for exporters offloading unroadworthy vehicles.

The government has not disclosed the specific amount vehicle owners will be charged as the recycling fee or how the N150 billion revenue projection was calculated.

News

My Marriage Has Ended” — Actress Anita Joseph Confirms Separation From Husband, MC Fish

Published

on

My Marriage Has Ended” — Actress Anita Joseph Confirms Separation From Husband, MC Fish

Nollywood actress Anita Joseph has confirmed that her marriage to entertainer Fisayo Olagunju, popularly known as MC Fish, has come to an end.

The actress made the disclosure in an emotional post shared on her Instagram page, explaining that she felt it was necessary to speak openly about the situation.

Reflecting on the challenges she has faced, Anita described marriage as a journey that can test one’s strength in unexpected ways. She revealed that she has recently been going through a period of deep introspection, pain and healing, adding that while she may not have all the answers, she is choosing to embrace grace, personal growth and faith as she moves forward.

“I may not have all the answers, but I’m choosing grace, growth and faith — one step at a time,” she wrote, before directly stating, “Calling a spade a spade, my marriage is over.”

The actress concluded her message with expressions that signalled acceptance and a desire for peace.

Anita Joseph and MC Fish were married on February 14, 2020, in a widely publicized Valentine’s Day wedding that drew significant attention at the time.

Continue Reading

News

Canada stops visa program, hints at new replacement in 2026

Published

on

Immigration, Refugees and Citizenship Canada (IRCC) is pausing some of its business immigration visa programs to pave the way for a new pilot for immigrant entrepreneurs.

On December 19, the department announced it will no longer accept applications for the optional work permit available to Start-Up Visa (SUV) applicants, except for those already in Canada applying to extend their current SUV work permit.

Effective December 31 at 11:59 pm, IRCC will also stop accepting new SUV applications. An exception applies to applicants who have already received a valid commitment from a designated organization in 2025 but haven’t yet applied. These applicants must submit their SUV applications by June 30, 2026.

IRCC will also continue the pause on applications through the Self-Employed Persons Program, which has been on hold since April 30, 2024.

The federal government said these changes are part of the “transition to a new, targeted pilot program for immigrant entrepreneurs.” Details about the new pilot are expected in 2026.

Canada’s SUV program faced criticism in 2025 over long processing times. A government tool launched earlier this year showed entrepreneurs could face a ten-year wait to become permanent residents through the SUV program.

The government noted that the measures announced are partly aimed at “help[ing] address the large inventory of applications for Canada’s business programs” and supporting the country’s Talent Attraction Strategy, as outlined in the latest Immigration Levels Plan.

Continue Reading

News

Tax Reform Acts: NBA Demands Immediate Suspension, Investigation

Published

on

The Nigerian Bar Association (NBA) has raised serious concerns over the controversies surrounding the recently enacted Tax Reform Acts, warning that the issues cast doubt on the integrity, transparency, and credibility of Nigeria’s lawmaking process.

In a statement issued on Tuesday, NBA President, Mazi Afam Osigwe, SAN, said the unfolding developments threaten constitutional governance and undermine public confidence in the legislative procedures that led to the passage of the laws.

Osigwe called for a comprehensive, open, and transparent investigation into the circumstances surrounding the enactment of the Tax Reform Acts, stressing that such a probe is essential to restoring trust in the National Assembly.

The NBA also urged relevant authorities to immediately suspend the implementation of the Tax Reform Acts pending the outcome of the proposed investigation.

“The Nigerian Bar Association considers it imperative that a comprehensive, open and transparent investigation be conducted to clarify the circumstances surrounding the enactment of the laws and to restore public confidence in the legislative process,” the statement said.

“Until these issues are fully examined and resolved, all plans for the implementation of the Tax Reform Acts should be immediately suspended.”

According to the association, the legal and policy uncertainty generated by the controversy could have far-reaching consequences, including disruption of the business environment, erosion of investor confidence, and unpredictability for individuals and corporate entities required to comply with the laws.

The NBA warned that such uncertainty poses a threat to economic stability and is fundamentally incompatible with the rule of law.

Continue Reading

Trending