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Nigeria: Tax incentives for clean transport

Shafaqna English- Official government data reveals that Nigeria approved tax exemptions for nearly 4,000 electric vehicles during the first half of the current year, as authorities continue their efforts to accelerate the adoption of EVs within the country, despite the persistent and severe electricity shortages that have long plagued the nation.

The approvals examined by Reuters are the first operational steps taken within the framework of Nigeria’s fresh governmental plan. This initiative seeks to transform the transportation sector and reduce emissions by offering tax breaks and backing local vehicle assembly operations.

Source: Reuters
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