NADDC backs made-in-Nigeria motorsport cars
The producer and promoter of Work and Play Motorsport, Mr Adeoye Ojuoko, said that the initiative was designed to promote Made-in-Nigeria vehicles and grow a sustainable motorsport culture.
The producer and promoter of Work and Play Motorsport, Mr Adeoye Ojuoko, said that the initiative was designed to promote Made-in-Nigeria vehicles and grow a sustainable motorsport culture.
Under the new framework, the Tax ID will unify all previously issued Tax Identification Numbers by the FIRS and state internal revenue services into a single, harmonised identifier.
The Executive Director, Sales, Elizade JAC Autoland Limited, Mr. Biola Odukomaiya, disclosed that the company’s 2026 strategy was to make newly made in Nigeria vehicles more accessible through lower-priced products, bundled with maintenance and service packages.
In a statement issued on Friday in Abuja, Oyewole said that the ban would significantly benefit local manufacturers by retaining critical raw materials within the country, thereby improving access to wood for processors and furniture makers.
A current example is his public dispute with Farouk Ahmed, CEO of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA).
The 2026 budget is projected at N54.4 trillion, according to the approved 2026–2028 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).
The ban is expected to affect exporters and timber traders, particularly in forest-producing states, though the government has yet to outline enforcement mechanisms, penalties, or whether exemptions will apply to processed wood products.
KWACCIMA alleged that the state government withdrew its support for the organisation and participation in the fair despite its initial interest to participate in order “to frustrate its success”.
Under Adesanya ‘s leadership, Guinness recorded double-digit topline growth, improved margins, enhanced trade spend efficiency and strengthened distributor profitability.
In a citation presented during the award, TIME Africa highlights new industrial facilities and logistics hubs launched across Ikorodu, Badagry, Lekki and Epe.