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N1.7 trillion Used Vehicles were dumped in Nigeria by Six Countries after failing safety standards

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Many Vehicles that failed safety and emissions standards have dominated Nigerian roads. Despite the introduction of the automotive policy introduced by the Federal Government in 2013 to gradually remove all used cars, six countries have dumped and flooded the Nigerian automobile market with N1.79 trillion in used motor vehicles and motorcycles in the last two years.

These are vehicles that have failed safety, fuel economy and emission standards in the United States and Europe. They were imported from six countries which are the United States, Italy, Belgium, Netherlands, Brazil and Canada.

Last year, Nigeria took delivery of N785.73 billion of used vehicles, including motorcycles, while N1 trillion worth of used vehicles were shipped into the country in 2020 through the Lagos roll-on roll-off port and other seaports terminals in the country in order to fill the supply shortfall.

Data obtained from International Trade Administration (ITA) revealed that 734,659 units of used vehicles were imported into the country in 2017, while 1.22 million units were ferried in 2018, 1.3 million units in 2019 and one million units in 2020.

The articles published by the Carmart team are a well-researched and informative collection of content contributed by the entire team of Carmart Nigeria. This content spectrum covers a wide range of topics in the automotive sector, including press releases, formal announcements, celebrity cars, new car releases, African car posts, car maintenance tips, safety tips, and much more. Carmart.ng is a blog that focuses on vehicle news in Nigeria. The blog covers a variety of topics such as car reviews, industry news, buying guides, maintenance tips, and automotive technology updates. These blogs can be a valuable resource for car enthusiasts, buyers, and anyone interested in staying up-to-date with the latest trends in the automotive world.

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