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Vehicle recycling market to yield N150bn annually – FG

December 22, 2025 at 06:56 AM

The Federal Government has announced plans to tap into Nigeria’s largely informal vehicle recycling market, projecting annual revenues of over N150bn from 2026, as part of sweeping reforms to modernise the country’s automotive industry. The National Automotive Design and Development Council disclosed this in a statement issued on Sunday, with the...

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