{"id":62218,"date":"2025-03-06T11:10:04","date_gmt":"2025-03-06T11:10:04","guid":{"rendered":"https:\/\/abujacityjournal.com\/livenews\/?p=62218"},"modified":"2025-03-06T11:10:04","modified_gmt":"2025-03-06T11:10:04","slug":"fg-to-turn-old-vehicles-into-wealth-with-new-recycling-policy","status":"publish","type":"post","link":"https:\/\/abujacityjournal.com\/livenews\/2025\/03\/06\/fg-to-turn-old-vehicles-into-wealth-with-new-recycling-policy\/","title":{"rendered":"FG to Turn Old Vehicles into Wealth with New Recycling Policy"},"content":{"rendered":"<p><strong>By Jesusemen Oratokhai\u00a0<\/strong><\/p>\n<p>The Federal Government has rolled out a groundbreaking End-of-Life Vehicle (ELV) Regulation to curb environmental hazards from aging cars and unlock a multi-billion-dollar auto-recycling industry.<\/p>\n<p>Speaking at a stakeholders\u2019 forum in Lagos, Minister of State for Industry, Trade, and Investment, Sen. John Enoh, revealed that Nigeria imports 500,000 vehicles annually, with 400,000 being used cars, fueling pollution.<\/p>\n<p>The new policy seeks to turn automotive waste into economic opportunities, create jobs, and boost revenue.<\/p>\n<p>Joseph Osanipin, Director-General of the National Automotive Design and Development Council (NADDC), projected that the ELV policy could generate at least 40,000 jobs while advancing Nigeria\u2019s circular economy.<\/p>\n<p>With this initiative, Nigeria joins the league of nations leveraging auto recycling for environmental sustainability, economic growth, and safer roads.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Jesusemen Oratokhai\u00a0 The Federal Government has rolled out a groundbreaking End-of-Life Vehicle (ELV) Regulation to curb environmental hazards from aging cars and unlock a multi-billion-dollar auto-recycling industry. Speaking at a stakeholders\u2019 forum in Lagos, Minister of State for Industry, Trade, and Investment, Sen. John Enoh, revealed that Nigeria imports 500,000 vehicles annually, with 400,000 [&hellip;]<\/p>\n","protected":false},"author":32,"featured_media":62219,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[172],"tags":[59],"class_list":["post-62218","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-featured"],"aioseo_notices":[],"amp_enabled":true,"_links":{"self":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/62218","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/comments?post=62218"}],"version-history":[{"count":1,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/62218\/revisions"}],"predecessor-version":[{"id":62220,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/posts\/62218\/revisions\/62220"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media\/62219"}],"wp:attachment":[{"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/media?parent=62218"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/categories?post=62218"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/abujacityjournal.com\/livenews\/wp-json\/wp\/v2\/tags?post=62218"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}