Motorcycle Ban Impacts Traders As Imports Decline By 36%

The federal government’s threat to criminalise commercial motorbikes, sometimes known as “Okadas,” and the ban on motorcycles in several states is having a significant negative impact on traders. According to the National Bureau of Statistics’ second quarter 2022 foreign trade data, imports of motorcycles into Nigeria decreased by 35.92%. Bizwatchnigeria noted that overall motorbike imports … Continue reading Motorcycle Ban Impacts Traders As Imports Decline By 36%