Business
Senators, Reps query NCC over secret recruitment, arbitrary funds increase
Federal lawmakers on Monday queried arbitrary increase in the financial provisions for payment of consultancy service of Nigerian Communications Commission (NCC), and N29.195 billion proposed for payment of salaries and wages in the 2021 fiscal year, against the sum of N16.850 billion approved in the 2020 fiscal year.
Members of the Joint Senate and House of Representatives’ Committee on Telecommunications, who raised the red flag during the 2020 budget performance and 2021 budget defence presented by the NCC Executive Vice Chairman, Umar Dambatta, also demanded an explanation over the increase in the consultancy services of N1bn proposed for 2021 against the sum of N394.331 million approved in the 2020 Appropriation Act.
One of the aggrieved lawmakers, who queried the Director of Finance and Administration’s report on the wide variance between the proposed N29.195 billion salaries and wages for 2021 and N16.850 approved for 2020 in relation to the 300 staff recruited by the commission, alleged that “you employed people but it was done through the backdoor.”
Hon. Siaka Adekunle Ayokunle alleged that “a lot of things are shredded in secrecy here”, expressed concern over the difference between the projected revenue and expenditure,
Senator Emmanuel Orker-Jev who expressed concern over the recruitment of the 300 workers, stressed the need for the commission to provide the nominal roll with a view to ascertaining the actual number of employees and adherence to federal character policy.
Dambatta, who was asked by the Director of Finance and Administration to provide details of the budget performance for the year under review, had said the budget performance as of November 30, 2020 showed the total budget of N140.383 billion, but the actual came to N79.660 billion.
He said, “For the expenditures (recurrent), a total recurrent expenditure that was budgeted was N39.297 billion and what was spent was N28.5 billion.
“Under the capital project, the total capital expenditure was budgeted at N8.129 billion and the actual as at 30th November was N1.427 billion.
“For special projects, the total budget was N20.863 billion and what has been spent so far is N13.65 billion.
“For total capital project, the budget was N28.9 billion and what was spent was N1.4 billion; Transfer to USPF, N7.5 billion was projected and N5.583 billion was spent.
“For Transfer to Federal Government of Nigeria, N64.208 billion was budgeted and N35.7 billion was remitted.”
On the revenue side, the commission realised total sum of N167 million out of N1.5 billion budgeted for licensing fees; realized N51.5 billion out of N68.5 billion for annual operating levy; realized N22.778 billion out N47.653 billion budgeted.
From the documents presented to the joint committee, proposed total revenue expected for 2021 stands at N112.810 billion and an additional sum of N49.527 billion from funds for broadband infrastructure and transfer from reserve (totalling N162.067 billion for 2021), against the sum of N123.132 billion and an additional sum of N17.252 billion from funds for broadband infrastructure (totalling N140.384 billion) for year 2020.
The total recurrent is also expected to rise from N39.297 billion in 2020 to N61.541 billion in 2021; total capital and special expenditure are to rise from N28.993 billion in 2020 to N51.524 billion in 2021; showing an overall increase in the Commission’s total expenditure from N68.290 billion in 2020 to N113.065 billion in 2021 as proposed.
The commission’s projected transfer to the Federal Government for the year 2021 is N42.002bn against N64.208bn for the year 2020 out of which N29.697bn has so far been remitted, in addition to N5.5 billion paid recently.
Chairman, House Committee on Telecommunications, Hon. Akeem , said, “Legislative approval to budget proposal is a cardinal ingredient of democratic practice. It provides a window of checks on the expenditure profile of the Executive, so the people, through their representatives have a say on how the Executive arm of government runs the government as part of the checks and balances of governance.
“It is pursuance to this that we are here to examine your proposal for 2021. The extent to which your commission was able to meet its 2020 budget responsibility will also be examined to identify if they were problems and how to resolve them where they exist.”
Adeyemi who directed the NCC management team to provide the nominal roll for further legislative action, said the “Committee will call for interactive session sometimes next year with the view to addressing some of the concerns raised.”
Dambatta promised that the nominal roll would be made available to the committee as requested.
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Auto
EXEED Sets Sights on Nigeria’s Luxury Car Market, Showcases Technology, Design Vision
EXEED Sets Sight on Nigeria’s Luxury Car Market, Showcases Technology, Design Vision
Versat Automobile Limited, the Nigerian representative of EXEED, is stepping up efforts to introduce the premium automotive brand to the country, offering prospective customers a closer look at its technology, design philosophy and vision for the future of mobility.
The move signals a new phase in EXEED’s Nigerian market entry, as the company seeks to establish its identity in an increasingly competitive premium vehicle segment where technology, performance, comfort and ownership experience are becoming important considerations for buyers.
Following its initial introduction to Nigeria in August, Versat Automobile is advancing the brand’s pre-launch activities by highlighting the philosophy and engineering thinking behind EXEED, a premium automotive marque within the Chery Automobile family.
Drawing on Chery’s extensive investment in automotive research and development, EXEED’s technology proposition covers vehicle architecture, powertrain engineering, intelligent cabin systems and connected driving technology.
However, the brand says its approach to innovation goes beyond simply adding more technological features to vehicles. Rather, it focuses on integrating intelligence, convenience, connectivity and performance to improve the overall driving experience and respond to the expectations of modern motorists.
Design is another major pillar of EXEED’s identity, with its vehicles combining distinctive exterior styling, lighting, detailing and cabin architecture with functionality and everyday usability.
The company’s approach reflects an evolving definition of premium mobility, where luxury is no longer determined solely by a vehicle’s appearance but also by how it feels, functions and interacts with occupants.
At the heart of the brand is its philosophy, Born for More, which is reinforced by what it describes as its Spirit of Exploration.
The philosophy is built around challenging conventions, looking beyond familiar boundaries and pursuing new possibilities. It targets customers who seek experiences beyond the ordinary and view mobility as more than simply moving from one destination to another.
Versat Automobile believes this positioning could resonate with Nigeria’s evolving premium automotive market, where buyers are increasingly considering technology, contemporary design, performance, comfort and the overall ownership experience when making purchasing decisions.
Christopher Irumudomon, General Manager, Sales, Versat Automobile Limited, said the introduction of EXEED was about presenting Nigerians with a different perspective on premium mobility rather than merely adding another vehicle brand to the market.
“The introduction of EXEED is about more than bringing another automotive brand to Nigeria. It is about introducing a different perspective on premium mobility, one that brings together technology, design, performance and the freedom to explore.
“EXEED has a distinctive philosophy and a clear vision for what it wants to represent, and we are excited to give Nigerians a closer look at the brand and what it has to offer,” he said.
As part of its broader engagement with the global technology and mobility ecosystem, the Versat team is also scheduled to participate in the International User Summit in China in October.
The visit is expected to provide opportunities for further engagement with Aimoga, a high-end robotics brand, highlighting the growing intersection between technological innovation, robotics and future mobility.
The engagement underscores the broader technological direction that EXEED seeks to associate with its premium brand identity.
Versat Automobile said further details about EXEED, including its products, technology and design philosophy, would be unveiled as the Nigerian pre-launch programme progresses.
Established in 2024, Versat Automobile Limited made its Nigerian market debut in 2026 with C&C Trucks and is building its portfolio around globally positioned automotive brands.
The company says its operations are guided by a commitment to performance, durability, quality, reliability and customer support, with EXEED representing its entry into the premium passenger vehicle segment.
For Nigeria’s automotive market, the forthcoming arrival of EXEED introduces another contender into the premium mobility conversation, with its eventual success likely to depend not only on the appeal of its technology and design but also on how effectively its Nigerian representative delivers on customer expectations.
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Auto
Omoda, Jaecoo bet on warranty, after-sales support to win Nigerian car buyers
Omoda, Jaecoo bet on warranty, after-sales support to win Nigerian car buyers
Omoda and Jaecoo are stepping up investment in warranty protection, spare-parts distribution and after-sales services as the emerging automotive brands seek to strengthen customer confidence and establish a lasting presence in increasingly competitive global markets.
The strategy is particularly relevant to Nigeria, where concerns about spare-parts availability, maintenance costs, technical expertise and the reliability of after-sales support often influence decisions when purchasing new vehicles.
Beyond attractive designs, advanced technology and vehicle performance, motorists increasingly want assurances that their investments will remain protected long after driving their cars out of showrooms.
Recognising this changing customer expectation, Omoda and Jaecoo are expanding their international after-sales infrastructure and warranty programmes to improve the ownership experience and address some of the industry’s longstanding concerns.
In the United Kingdom, vehicles from the two brands come with a seven-year or 100,000-mile warranty, while batteries in electrified models enjoy eight-year coverage.
Although warranty conditions differ across markets, the programme underscores the brands’ emphasis on long-term ownership support and customer assurance.
The companies are also advancing their Super Hybrid System, which combines petrol and electric power to deliver improved fuel efficiency while retaining the convenience of conventional refuelling.
The technology is designed to address a major concern among motorists considering electrified vehicles, particularly those who want the benefits of electric mobility without depending entirely on charging infrastructure.
The Jaecoo J7 PHEV has already attracted considerable attention in the UK market, emerging as Britain’s best-selling new SUV in September.
It also secured a Guinness World Record for the lowest fuel consumption recorded by a plug-in hybrid production SUV during the UK Three Peaks Challenge.
Similarly, the flagship Jaecoo J8 combines 428 horsepower with all-wheel-drive capability and an electric-only driving range of more than 130 kilometres.
In Indonesia, a Jaecoo vehicle also secured a Guinness World Record after covering a verified distance of 1,660 kilometres on a single tank of fuel and battery charge, further highlighting the efficiency potential of the brand’s hybrid technology.
Beyond product development and performance achievements, the companies are strengthening the supply chain that supports vehicle ownership.
A major step in this direction was the opening of a 12,000-square-metre spare-parts distribution centre in Dubai’s Jebel Ali Free Zone in December 2024.
The facility stocks more than 20,000 different components to support parts distribution and improve service delivery.
The company has also indicated plans to establish similar facilities across different continents, with expansion already underway in South Africa.
For Nigeria, where the cost and availability of genuine spare parts can significantly affect vehicle ownership expenses, such investments could have important implications.
A dependable distribution network would help reduce the challenges associated with sourcing replacement components, while effective warranty administration and access to trained technicians could improve customer satisfaction and strengthen confidence in the brands.
As competition intensifies in Nigeria’s automotive market, the ability to provide reliable after-sales support could become just as important as introducing technologically advanced vehicles at competitive prices.
For Omoda and Jaecoo, the challenge will be to translate their growing international infrastructure and warranty commitments into accessible, consistent and responsive services for Nigerian customers.
Ultimately, winning the confidence of Nigerian motorists will require more than impressive vehicles and international performance records. It will depend on the brands’ ability to support customers throughout the entire ownership journey, from the first showroom visit to routine servicing and eventual replacement of parts.
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Auto
Why Toyota RAV4 Remains Attractive Choice for Nigeria’s SUV Buyers
Why Toyota RAV4 Remains Attractive Choice for Nigeria’s SUV Buyers
As Nigerian motorists increasingly look for vehicles that deliver comfort, dependable performance, fuel economy and versatility, the Toyota RAV4 continues to offer an appealing proposition in the country’s competitive sport utility vehicle market.
Combining a distinctive exterior design with a thoughtfully crafted interior, practical luggage accommodation and performance engineered for everyday driving, the RAV4 is designed to meet the expectations of individuals and families seeking a vehicle that balances functionality with driving pleasure.
Toyota (Nigeria) Limited (TNL) presents the RAV4 as an SUV that combines refined engineering, comfort and practicality, making it a consideration for motorists navigating the country’s diverse driving conditions.
Comfort and convenience for everyday motoring
One of the RAV4’s major attractions is its emphasis on passenger comfort and convenience.
According to Toyota Nigeria Limited, the vehicle features an automatic air-conditioning system with independent temperature controls for the left and right sides of the cabin. This enables occupants to enjoy a more comfortable interior environment, particularly during Nigeria’s hot weather.
The steering wheel is equipped with conveniently positioned audio control switches, allowing drivers to operate the entertainment system without taking their hands away from the steering wheel.
The interior design also prioritises passenger accommodation, providing generous seating space and flexibility for different transportation needs.
For motorists who regularly travel with family members or require additional luggage capacity, the rear seats can be folded to create more room for carrying larger items.
This practical arrangement makes the RAV4 suitable for everyday commuting, family outings, shopping trips and longer journeys.
Performance that balances acceleration and fuel economy
Performance is another important consideration for Nigerian motorists, particularly those who combine daily urban commuting with occasional interstate journeys.
Toyota Nigeria Limited describes the RAV4’s engine as delivering excellent acceleration from low speeds, while maintaining fuel economy, clean emissions and quiet operation.
This combination is particularly relevant in Nigerian cities, where motorists frequently encounter stop-and-go traffic, congested roads and varying driving conditions.
The emphasis on responsive acceleration and quieter operation also contributes to a more comfortable driving experience.
Fuel economy remains an important consideration for prospective vehicle owners, especially in a market where the cost of running and maintaining a vehicle influences purchasing decisions.
Toyota notes that fuel consumption varies according to fuel quality, environmental conditions and individual driving habits.
## Designed with practicality in mind
Beyond its performance and comfort, the RAV4 offers the versatility expected of a modern SUV.
Its flexible luggage arrangement allows owners to accommodate different cargo requirements by folding the rear seats when additional loading space is needed.
This feature is particularly useful for families, business professionals and motorists who require a vehicle capable of handling both passenger transportation and occasional cargo duties.
The SUV’s interior layout also reflects Toyota’s attention to functional design, with controls positioned to make everyday operation more convenient.
The advantage of buying through Toyota Nigeria Limited
For prospective buyers, the decision to purchase an SUV should go beyond the vehicle’s appearance, performance and convenience features.
The availability of genuine spare parts, professional maintenance services and manufacturer-backed warranty protection is equally important.
Toyota Nigeria operates through seven accredited dealers: Elizade Nigeria Limited, R.T. Briscoe (Nig.) Plc, Omoregie Motors, Germaine Auto Centre, Kojo Motors, Mandilas Motors and Metropolitan Motors Limited.
According to the company, vehicles purchased through its accredited dealers enjoy a three-year or 100,000-kilometre warranty, whichever comes first.
TNL also explains that its vehicles are selected and supplied with specifications approved for the Nigerian operating environment.
An important component of this approach is the Severe User Package, which includes reinforced suspension, heavy-duty shock absorbers and engine under-guards, among other features designed to help vehicles withstand demanding road and terrain conditions.
This consideration is particularly relevant in Nigeria, where road conditions can vary considerably between urban centres, highways and rural communities.
The company’s accredited dealers also provide access to genuine Toyota spare parts and authorised servicing facilities.
Toyota further states that genuine spare parts purchased through its accredited dealers carry a 12-month or 20,000-kilometre warranty, subject to applicable terms and conditions.
A practical option for Nigerian motorists
For Nigerian buyers considering an SUV, the Toyota RAV4 presents a combination of passenger comfort, flexible luggage accommodation, responsive engine performance and practical everyday features.
Its automatic climate control, steering-mounted audio switches and adaptable rear seating arrangement address important aspects of everyday vehicle ownership.
Combined with Toyota Nigeria’s emphasis on specifications suitable for Nigerian conditions, warranty protection and access to genuine spare parts, the RAV4 offers prospective customers additional considerations beyond the initial purchase.
For individuals and families seeking an SUV that combines everyday practicality with the established Toyota ownership proposition, the RAV4 deserves consideration.

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