Ms Saraki made the revelation on Monday during a meeting with a section of automakers headed by Ifeanyichukwu Agwu, CEO of BKG Exhibitions Limited, and chairman of the organizing committee of the Abuja International Automobile Fair.
According to a Daily Trust report, Ms Saraki said the decision had become necessary in order to reposition Nigeria‘s road transport system ahead of the African Continental Free Trade Area, ACFTA.
The Minister of State deplored that of the 76,000 trucks registered at the port, only 17 met the standard, stressing that Lomé and Cotonou complained that Nigerian vehicles did not meet the standards.
Ms Saraki, however, revealed arrangements were in place for the federal government to brainstorm with auto industry players, including assemblers and manufacturers, to find a local solution that would move the industry forward.
According to the Minister of State, more than 97% of passenger movements in Nigeria are by road, highlighting the need for the government to ensure appropriate restructuring for better service delivery.
“This afternoon I was at a meeting which the vice president chaired and we are looking for the best way to tackle the issue of road transport,” she said.
“I’m sure you would agree with me that right now it’s not regulated, anyone can put the vehicle on the road and call themselves a transporter and they go.
“The funds are not coming, the taxes are not paid, there is no consumer satisfaction, there are no returns, it is completely disoriented at the moment.
“And with the fact that ACFTA is coming soon, in order for us to be competitive, we need to have a regulated road transport system for commercial operators, which is now up to the manufacturers.
“With the arrival of ACFTA, it became clear this morning that we have a lot of substandard vehicles on the roads.
“I know Lomé and Cotonou have complained that vehicles in Nigeria are substandard. Of the 76,000 registered trucks, only 17 meet the standard, ”she noted.
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