There are reports that the Federal government has collaborated with the African Development Bank to distribute over 400 cars to Nigerians at the give away price WITHOUT collateral.
A statement attributed to the Senior Director, Nigeria Country Department, AfDB read: ”We are giving these Vehicles at the rate of 200,000, no collateral or any form of additional Payment is involved. This is a poverty reduction and pro-people transportation programme of the African Development Bank and The Federal Government.
“The Programme is part of the greater strategic plan of the AfDB to transform Nigeria to a millennium model Nation with environmentally friendly transportation system, aimed at a general elevation of the living standards of the Nigerian people. It empowers the poor and offers him/her the opportunity to own a brand new car at just 200,000 without collateral.”
The statement on President Buhari’s Instagram says Minister for Labour and Productivity, Dr Chris Ngige assured everyone at the event that the issuance of the vehicles will be on first come-first serve basis.
“The AfDB has done the ultimate for us; the ball is now in our courts to do the needful,’’ Ngige was quoted to have said.
“Interested Nigerians are to apply at the Department of Skills acquisition and Empowerment at the various Zonal offices of the Ministry of Labour and Employment Nationwide or can easily apply directly via the official email of the Ministry… firstname.lastname@example.org,” he added.