Cars On Nigerian Roads Hit 11.8 Million In One Year
The National Bureau of Statistics (NBS) in its latest figures indicated that there were about 11.8 million licensed cars on Nigeria’s roads as at Q4 2018, compared to 11.6 million in the corresponding period of 2017. According to the report, Nigeria witnessed a 2 per cent increase in the number of licensed cars Year- on -Year; that is between Q4 of 2018 and Q4 2017, respectively. The NBS report disclosed that as at Q4 2018, commercial cars recorded the highest numbers of licensed cars on Nigeria’s roads, having made up 41% of the total cars. Diplomatic cars recorded the least number of licensed cars, constituting of just 0.05% of the total licensed cars in Nigeria. “With an estimated population of 198 million, Nigeria’s vehicle per population ratio is 0.06. Similarly, the Bureau’s report shows that 630,868 drivers’ licenses were produced in 2018”, the report said. A total of 185,883 national drivers licenses were produced in Q4 2018 The number of recorded fresh licenses...