VREG

Vreg platform crash: more than 3,000 imported vehicles trapped

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Clearing agents and freight forwarders have decried over 3, 000 imported vehicles trapped at the Tin-Can Island Ports Complex, Apapa, due to the collapse of the National Vehicle Registration (VReg) platform created by the Federal Ministry of Finance (FMoF) for imported vehicles. The clearing agents lamented the daily rising costs incurred from demurrages arising from … [Read more…]

FG introduces VREG to curb car theft, enhance national security and generate revenue

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The Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, says the introduction of the National Vehicle Registry (VREG) policy of the Federal Government is to reduce vehicle theft, enhance national security and generate revenue for the government. Ahmed stated this Friday in Calabar at the South South zone sensitisation seminar on VREG policy. … [Read more…]