FG Launch New system On Car Fraud
The Federal Government has introduced a compulsory digital registration system for car dealers across Nigeria.
The move is aimed at regulating the sector and bringing more transparency to vehicle transactions.
Authorities say the system will help tackle fraud by creating a central database of dealers and their activities.
It is also expected to make it easier to track vehicles and verify ownership records.
The initiative is part of broader reforms to strengthen oversight in the automobile market.
Officials believe it will reduce illegal dealings and improve trust among buyers and sellers.
The government also noted that the platform could open access to funding for registered dealers, helping to support growth within the industry.


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