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    Date: Tuesday, 25th February 2020
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Members of House of Reps order 400 exotic cars, reject Nigerian brands

By - - [ News ]


The House of Representatives has resolved to acquire Toyota Camry 2020 model for members as official cars, otherwise called utility vehicles.

The resolution was reached at an executive (closed-door) session held on February 5, 2020. Reports indicate the National Assembly would purchase 400 exotic cars.

When contacted on Sunday, a representative of Elizade Nigeria Limited, a foremost Toyota brand distributor, said the 2020 model had yet to arrive in the country.

The representative, however, said the 2019 model was N26.75m and N35.75m (for V6 engine). The 2020 model is expected to be costlier.

A check on the website of Toyota showed that the price of the car, depending on the variants, is between $25,000 (N9,000,000 at N360 to a dollar) and $35,000 (N12,600,000), excluding the cost of shipping, import duty which is 70 per cent of the net cost and other clearing charges and taxes at the port.

For instance, those with higher specifications, as the National Assembly usually goes for higher range of vehicles, are XLE at $29,455; XLE V6 at $34,580; XSE at $30,005 and XSE V6 at $35,130.

At the meeting, the lawmakers were said to have rejected Nigerian brands, insisting on foreign ones, preferably imported and not locally assembled.

The lawmaker said a proposal to patronise Innoson Vehicles Manufacturing, a Nigerian brand based in Nnewi, Anambra State, was rejected.



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