News
FG To Impose Mandatory Vehicle Recycling Fee From 2026, Targets N150bn Annual Revenue
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.
The governor of Oyo state, Seyi Makinde, has approved a N10,000 transportation allowance as a palliative for the state workforce to cushion the effects of the increase in the pump price of Premium Motor Spirit, otherwise known as petrol.
The Chairman of the Nigeria Labour Congress (NLC), Oyo State chapter, Kayode Martins, in a statement released on Monday, March 23, disclosed that the governor has granted the request of the union on the issue of transportation allowance.
The statement read
“Following the intervention and formal request made by the State Council of the Nigeria Labour Congress (NLC) earlier this morning, the state government has approved a N10,000 transportation allowance for all workers in the state.
The newly approved allowance is set to take effect from April 2026, providing much-needed relief to workers grappling with rising transportation costs amid current economic challenges.
This development comes as a direct response to sustained advocacy by the state NLC, aimed at cushioning the impact of increased living expenses on the workforce.
Further details on implementation are expected to be communicated by the relevant government authorities in due course.”
News
Former Acting Accountant-General of the Federation bags 72years imprisonment for diverting N868.46 million security funds
Justice James Omotosho of the Federal High Court in Abuja, on Monday, March 23, convicted and sentenced Chukwunyere Nwabuoku, former acting Accountant-General of the Federation (AGoF), to a 72-year jail term without an option of fine.
DailyTrust reports that in the judgment delivered, Justice Omotosho held that the Economic and Financial Crimes Commission (EFCC) had been able to prove the nine-count money laundering charge beyond reasonable doubt.
According to the judge, the defendant is hereby convicted as charged.
Justice Omotosho convicted Nwabuoku in all the nine counts and sentenced him to eight years imprisonment in each of the counts, making 72 years.
The judge, however, ordered that the counts shall run concurrently.
Justice Omotosho, who described Nwabuoku’s act of diverting funds meant for security and defence while he served as Director of Finance and Account in the Ministry of Defence as “appalling,” commended the EFCC for being detailed in its prosecution.
The judge observed that the evidence of the 9th prosecution witness that Nwabuoku voluntarily refunded part of the siphoned money of over N200 million during investigation was not controverted by the defence.
Nwabuoku served as the Director of Finance and Accounts in the Ministry of Defence between 2019 and 2021. He became acting Accountant General of the Federation in May 2022.
The police in Delta state have arrested eleven more suspects over the sexu@l ass@ults recorded during what was described as a “r@ping festival” in Oramudu Quarters in Ozoro last Thursday, March 19.
In a statement released on Saturday, March 21, the spokesperson of the command, SP Bright Edafe, said the CP Special Assignment Team (CP-SAT) was tasked with conducting a detailed investigation into the incident.
Edafe said operatives of CP-SAT conducted a thorough analysis of available video evidence and intelligence, leading to the arrest of eleven additional suspects identified as Samson Atukpodo, Steven ovie, Ugbevo Samson, Afoke Akporobaro, Evidence Oguname, and six others. Edafe mentioned that these latest arrests bring the total number of suspects currently in police custody in connection with the incident to fifteen (15)
“The Command reiterates that preliminary findings indicate that the unfortunate incident was perpetrated by criminal elements who exploited the situation to engage in acts of sexu@l v!olence, which are in no way representative of any legitimate cultural practice.
The Commissioner of Police, Delta State Command, CP Aina Adesola, condemns these acts in totality and reassures the public that the Command remains resolute in its determination to ensure that all those involved are identified, arrested, and prosecuted in accordance with the law. Members of the public, particularly victims and witnesses, are once again encouraged to come forward with credible information that will aid ongoing investigations. The Command assures that all information provided will be treated with strict confidentiality.”the statement in part reads
Fuel price hike: Gov Makinde announces N10,000 transport support for workers
Former Acting Accountant-General of the Federation bags 72years imprisonment for diverting N868.46 million security funds
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