Studies have revealed that the recent surge in car theft is due to the high exchange rate between the Naira and the Dollar and the dwindling purchasing power has made importation of car very expensive and above the reach of middle income earners.
Statistics has shown that 85%-90% of stolen vehicles in Nigeria and 60% of vehicles stolen in neighboring African countries are re-sold here in Nigeria either wholly (Direct Belgium or as Tokumbo) or in parts, which implies that Nigeria is a lucrative Market for stolen cars. Some unscrupulous Car dealers are now in the habit of mixing stolen cars with imported cars and selling them off to unsuspecting customers.
This is why we are encouraging people to report their stolen cars so we do upload it to our data base (ITS ABSOLUTELY FREE) and make sure the public is notified that the car they wish to purchase is stolen. This will, on the long run discourage car theft if there is no market to sell it.
XNet Security Technologies Limited specializes in the design and implementation of turnkey supply chain management and security solutions using Global Positioning Systems (GPS), Radio Frequency (RF) and GSM technology with the objective of safeguarding people and their assets, enhancing efficiency in operations and service delivery and also providing greater real-time visibility of company staff operations and asset utilization.
We are also licensed by the FRSC to supply and install speed limiter devices, and we offer some of the most advanced and high quality speed limiter devices available in the world. When installing a speed limiter device from XNet, you can rest assured that you’re getting a highly reliable product backed up by our nationwide service coverage, and our long history of installing devices inside motor vehicles.
VSecure is XNet’s pioneering vehicle monitoring and tracking application that enables XNet to keep a watchful eye over your vehicle.
SPEED LIMITER DEVICES
It is well known all over the world that driving too fast is one of the biggest causes of road accidents in Nigeria
Using our VSecure Spydr highly compact, low cost, GSM/GPS/BT state of the art, precise, energy efficient & highly covert tracking solution..
We partnered with a global leader in cash protection systems designed to recover stolen cash and high-value assets, apprehend criminals and deter crime.