New cars will soon become cheap in Nigeria - Saraki

Nigeria's Senate President, Dr. Abubakar Bukola Saraki, has stated that the Red Chambers is working to ensure that the price of new vehicles almost the same as some of imported second-hand cars.


“In the Senate already, our main focus is to see how we can encourage more private sector participation in the transport sector and that is why we have about six different bills in the transportation sector.

“They include the Transport Commission Bill, Federal Roads Authority Bill, Roads Fund Bill, Ports and Harbour Bill and the Railway Bill. All these are meant to improve the Transport sector and help businesses in the country.”

“We still believe that we can provide the enabling environment that will make the price of new vehicles almost the same as some of the second-hand cars that are being imported to check the idea where vehicles that have been condemned in other parts of the world are brought here,” he said.

He said this when the National Executive Committee of the Road Transport Employers Association of Nigeria (RTEAN), led by its National President, Alhaji Abubakar Sadiq visited him in Abuja.