Aside its fundamental role of supporting security outfits in having defined data for their operations, the Federal Government’s newly launched National Automotive Repository Portal (NARP) would avail the needed data for would be investors in core areas of the auto-policy.

The Automotive Repository Portal is an effective and sustainable system that keeps information on Vehicle Identification Number (VIN) of vehicles manufactured and imported into Nigeria.

The system further maintains a data base of stakeholders such as car manufacturers. It also provides the government with statistical and intelligence reports for effective decisions in policy.

More from our Markets Column

Nigeria's leading finance and market intelligence news report. Also home to expert opinion and commentary on politics, sports, lifestyle, and more

Join BusinessDay whatsapp Channel, to stay up to date

Open In Whatsapp