Nigerians spend N3.6bn on armoured vehicles in two years

Following the spate of insecurity and uncertainty spreading across the country, wealthy Nigerians have spent a total of N3.6 billion on the purchase of 62 armoured vehicles of various make for personal use in the last two years. Investigations carried out by our correspondent revealed that the purchase, which amounted to $9.84 million, covered 12 armoured mini-buses, seven armoured luxury sedans and 43 full vehicle size Sport Utility Vans (SUVs).

A representative of Ireland-based Armoured VIP, Ruslan Boyko, disclosed this to New Telegraph correspondent.

He said the company sold the listed vehicles directly to its clients in Nigeria in the last two years.

Boyko said, “I can’t tell you the names of our clients, but we sold directly to our clients in Nigeria 12 armoured mini-buses, seven armoured luxury sedans and 43 full vehicles size SUVs in the last two years. “Our clients pay customs duty themselves, so I can only tell you the export price they were sold for, which is $9,840,000.”

New Telegraph, March 11, 2018

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