The Senate Committee on Privatization, has proposed a ban on the importation of used cars.
The chairman of the committee, Senator Ben Murray-Bruce declared during an oversight visit to the assembly plant of Volkswagen of Nigeria Automobile Limited in Lagos.
Senator Bruce encouraged local manufacturers to make affordable and energy-efficient cars for all Nigerian citizens.
He also stated that there should be more than one million made-in-Nigeria cars readily available on demand annually.
Bruce said: “We want about one million cars a year. Every working class individual should have a brand-new car. I will propose a ban on the importation of 'USED' cars; but first, every Nigerian should be able to buy a brand new car in 10 seconds after we put up the ban, not ban and wait for two years.
“Our local car manufacturers should make provision for down payment of N250,000 and N30,000 monthly instalments and the vehicle should be fully insured for seven years.
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