Federal Ministry of Finance, Budget and National Planning projects five percent increase in the nation’s yearly revenue

The Federal Ministry of Finance, Budget and National Planning has projected a five per cent increase in the nation’s yearly revenue with the newly introduced National Vehicle Registry.

The registry would  provide more information on the history of any vehicle plying the major cities and roads across the country.

Director of Information, Federal Ministry of Finance, Charlse Nwodo, at the ministry’s zonal seminar in Lagos, said the implementation of VREG would boost government’s revenue

The new initiative, findings have shown, would also enable government agencies to track any stolen vehicle any where.

cc NATION

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