
FGN To Introduce Mandatory Vehicle Recycling Fee From 2026
FG To Introduce Mandatory Vehicle Recycling Fee From 2026 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 Director-General, Joseph Osanipin, saying the initiative would be driven by a comprehensive End-of-Life Vehicle programme already approved for implementation. Osanipin explained that the policy would formalise the recycling of vehicles that have reached the end of their useful lives, turning…









