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Exhibitors Line up for First Lagos Motor Show

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L-r: Coordinator, Logistics Committee, Dr. Oladapo Aiyegbayo; ; Member, Organising Committee, Mr. Deji Sowande; Chairman, Organising Committee, Engr. Gbenga Adebayo; Chairman, Steering Committee, Dr. Oladapo Akanbi and Member, Organising Committee, Mr. Oyedepo Oyelere, all members of various committees of the Lagos Motor Show, during the unveiling of the Lagos Motor Show banner at a press conference to announce the Show in Lagos over the weekend..
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Over 30 different brands of modern cars dealers as well as classic cars collectors have confirmed their interest to be part of the first edition of Lagos Motor Show holding between Friday February 16th and 17th 2024.

Engr. Gbenga Adebayo, chief executive officer of Royal Media Group – the organizers of the Motor Show disclosed at a media conference over the weekend that the Lagos Motor Show, will showcase Modern, Classic, Vintage Cars, Eco Friendly EV, Robotics and autonomous vehicles, Electric –Tricycles and E-mobility.

He added that, there will be an exhibition of new innovation and developments in the automotive Industry such as Internet of Things (IoT) in automobiles, energy efficient cars, Electric Vehicles and Compressed Natural Gas (CNG) powered low emission vehicles.

“The event will be an exciting opportunity to bring together car enthusiasts and their families, purchasers, decision makers and dealers. Our aim is that the show will be an annual event that will attract thousands of automotive enthusiasts, industry professionals, and media representatives.

“The highly anticipated event in the Nigeria automotive calendar, and will provide corporate brands with unparalleled visibility among industry leaders, influencers, and potential customers. It will record a high number of visitors who are automobile buyers, decision makers, motor enthusiasts, banks, insurance companies, small-scale auto-entrepreneurs, representatives of foreign trade missions and multinational companies,” he said.

                                        Key features of the Event

Targeted Audience: This is an opportunity to engage with a diverse audience, including car enthusiasts, industry professionals, and potential buyers, offering brands the chance to connect with a broad range of demographics.

The Show will offer an opportunity to interact with haulage, logistics, car hire companies, digital taxi companies, passenger transporters, financial institutions, Insurance, loans companies and other potential buyers and decision makers.

Networking Opportunities: Participate in exclusive networking events, connecting with key decision-makers, industry professionals, haulage, logistics, car hire companies, passenger transporters, and potential clients in a dynamic and engaging environment.

Corporate organisations including banks, insurance companies, financiers, auto-entrepreneurs and representatives from foreign trade missions and multinational companies will be in attendance.

Access to existing forum of owners and enthusiasts – The Classic Cars Collectors of Nigeria, a community of over 100 classic and vintage car collectors and enthusiasts, will showcase their collections.

Tech Theatre: A dedicated technology exhibition that will feature new innovation, Internet of things (IoT) in automobiles and other developments in the automotive industry, including Electric Vehicles, Electric Tricycles and gas powered low emission ECO friendly vehicles.

Charitable Donation: Part of the proceeds from this event and activities will be donated to charitable causes.


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FG Okays Biometric Upgrades @ Airports, Others

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Federal government has a contactless biometric passenger verification system linked to the National Identification Number (NIN) across all airports in the country to tackle identity fraud and enhance security.

FG Okays Biometric Upgrades @ Airports, Others

Festus Keyamo, minister of Aviation and Aerospace Development,

Festus Keyamo, minister of Aviation and Aerospace Development, announced this on Thursday, while briefing State House correspondents after the Federal Executive Council (FEC) meeting in Abuja.

“Too many people board aircraft using fake identities. This system will confirm passengers are who they claim to be,” Keyamo said.

The minister also said that the Council also ratified contracts under the 2024 budget to install airfield lighting at select airports so they can operate into late evening hours, helping airlines improve revenue.

“Some airports shut by 6 p.m. because they lack lighting. This upgrade will allow operations till 10–11 p.m.,” he noted.

Keyamo appealed to aviation unions to support ongoing reforms, stressing that while he remains pro-labour, “unions will not dictate government policy.”

Keyamo said the directive overrides interpretations linked to previous administrations’ asset disposal programmes, stressing that FAAN properties are strategic national assets that must remain under government control.

He explained that essential personnel, including firefighters and navigational officers, are required to reside within airport precincts to ensure rapid emergency response, making the retention of these facilities critical.

“We will not concede any of these properties to private individuals. Anyone who believes they have purchased such assets should take note,” he said.

The minister added that FEC granted eight approvals for the aviation ministry, covering airport safety, technology upgrades, concessions and security enhancements.

These include contracts for maintenance and support services for Aeronautical Information Management (AIM) solutions across five international airports — Abuja, Lagos, Kano, Port Harcourt and Enugu.

Council also approved the deployment of advanced Terrestrial Trunked Radio (TETRA) power systems nationwide, along with 14 VHF remote communication systems for the Nigerian Airspace Management Agency (NAMA) to boost navigational safety.

To meet International Civil Aviation Organisation (ICAO) standards, FEC endorsed the purchase of 15 airport rescue and firefighting vehicles for the five major international airports.

Keyamo further announced that NAMA, currently operating from rented offices in Abuja, will now have a purpose-built headquarters in the capital.


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Lassa Fever’s Death Toll in Nigeria Hits 176-  NCDC

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Nigeria Centre for Disease Control and Prevention (NCDC) has reported that at least 176 people have died from Lassa fever across 21 states in 2025.

Lassa Fever’s Death Toll in Nigeria Hits 176-  NCDC

According to the NCDC; Ondo, Bauchi, Edo and Taraba remain the epicentres of the outbreak, accounting for 88 per cent of all confirmed cases recorded so far this year.

In total, Nigeria has recorded 955 confirmed cases from 8,367 suspected infections.

While confirmed cases are fewer than those seen in 2024, fatalities have increased.

This year’s case-fatality rate (CFR) is 18.4%, compared to 16.6% during the same period in 2024.

NCDC said the deaths are likely due to poor health-seeking behavior among patients who seek medical intervention too late, as well as poor environmental sanitation in affected communities.

Eighty-eight percent of all confirmed Lassa fever cases were reported from four states (Ondo, Bauchi, Edo, and Taraba), while 12% were reported from 17 states. Adults ages 21 to 30 years report the most infections.

Lassa virus is endemic in West Africa and spreads via contact with the urine or droppings of infected rodents.

Though not common, the virus can be transmitted person-to-person through direct contact with a sick person’s blood or other body fluids, mucous membranes, or sexual contact.


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Tax Ombudsman is to Protect Businesses from Harassment—Oyedele

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Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has said that the creation of a new office of the Tax Ombudsman (OTO) is to protect businesses from harassment.

Tax Ombudsman is to Protect Businesses from Harassment—Oyedele

Dr. John Nwabueze, Nigeria’s tax ombudsman

Oyedele, who spoke Sat the 24th Annual Conference of the Women in Management, Business and Public Service (WIMBIZ) held in Lagos, said that the Tax Ombudsman, will serve as an independent body to mediate disputes and safeguard the rights of taxpayers.

“If anybody shows up to harass you, to collect tax, or to seal up your premises, you can call the Tax Ombudsman. They have the legal authority and obligation to protect your rights,” he stated.

Oyedele  said that the new tax regime will favour compliant and formalised enterprises while protecting small and informal businesses from undue pressure and harassment by tax officials.

He said that the ongoing reforms are people-centred and designed to reward compliance, promote fairness, and support economic growth rather than overburden citizens or businesses.

During a panel session themed “The New Tax Law and You,” Oyedele urged entrepreneurs, especially small business owners, to formalise their operations to benefit from a range of incentives embedded in the new tax framework taking effect from January 2026.

“We started the tax and fiscal reform by looking at how people do business, how those businesses grow, and how finance is placed,” he explained. “You can’t knock on the door and say, ‘Tax me.’ Let’s have a conversation on how to create a business that can pay corporate tax. So, the reforms are people-centric.”

According to Oyedele, small companies with an annual turnover of ₦100m or less will enjoy a zero per cent corporate tax rate, in line with the government’s goal of allowing small businesses to expand before being taxed.

“If you run a small company where your annual turnover is ₦100m or less, your corporate tax rate will be zero per cent. What is even more interesting is that the Corporate Affairs Commission (CAC) will register 250,000 small companies free of charge,” he disclosed.

He also revealed that the reforms would ensure fairness in value-added tax (VAT) administration, adding that critical sectors such as food, water, education, pharmaceuticals, and medical services will be fully exempted from VAT from next year.

“From next year, January 1, this bottle of water will be zero-rated for VAT. The same explanation applies to food, education, pharmaceutical, and medical services,” he said.

Oyedele explained that the government’s decision to exempt essential goods and services from VAT was informed by data showing that low-income Nigerian households spend nearly 80 per cent of their income on food, health, rent, education, and transportation.

“If people spend their entire income on five basic items, food, education, health, rent, and transport, then we must remove the taxes on those,” he noted.

 

 

 

 

 

 


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