Affluent Nigerians Now Spend N12bn On Armoured Vehicles

Security concerns and unbridled obsession for status among the super rich, have been identified as reasons for the ever rising spend by politicians and other affluent Nigerians on armoured vehicles.

Politicians, clerics and other affluent Nigerians spent an estimated N12 billion on the purchase of bullet proof vehicles last year.

For more on this story, visit Business Day…