Importation of Okada falls by 42.1% amid ban in Lagos, Kano, others

April 18, 2023
22 Views

BY SULE TAHIR

Nigeria’s spending on the importation of motorcycles fell to N212.64   billion in 2022 representing a 42 percent increase from N367.39 billion spent in 2021.

The National Bureau of Statistics (NBS) disclosed this in its Foreign Trade in Goods Statistics.

The decline in the importation bill occurred the same year that Kano, Kaduna, and Lagos State Governments banned the operation of commercial motorcycles, also known as Okada, on major roads.

You may be interested

Breaking: Tinubu appoints Bakari as head of NFIU
News
1 views
News
1 views

Breaking: Tinubu appoints Bakari as head of NFIU

Webby - February 20, 2024

President Bola Tinubu on Tuesday approved the appointment of Hafsat Bakari as the Director/Chief Executive Officer of the Nigerian Financial…

Money Can’t Buy Love – Wizkid’s Babymama, Jada P Shares Quote Following Davido’s N300M Orphanage Donation
News
News

Money Can’t Buy Love – Wizkid’s Babymama, Jada P Shares Quote Following Davido’s N300M Orphanage Donation

Webby - February 20, 2024

Jada P, the babymama of singer Wizkid has shared a profound quote just hours after singer Davido promised to donate…

Nigeria Still Jaga Jaga 21 Years After – Eedris Abdulkareem
News
News

Nigeria Still Jaga Jaga 21 Years After – Eedris Abdulkareem

Webby - February 20, 2024

He lamented that things are getting worse, stressing that the exchange rate of the Dollar is going to N2,000. Veteran…

Leave a Comment

Your email address will not be published.