-2.1 C
New York City
Wednesday, October 4, 2023
Home NEWS Nigeria AAAM Optimistic Of Vibrant Automotive Industry in Nigeria

AAAM Optimistic Of Vibrant Automotive Industry in Nigeria

[dropcap]T[/dropcap]here is hope that the Nigeria Auto policy will yield the desired result within a short time as the African Association of Automotive Manufacturers has expressed optimism about the emergence of a vibrant automotive industry in Nigeria soon.

The Chairman of the Association, Mr Jeff Nemeth disclosed this to State House Correspondent recently while addressing on the outcome of their meeting with President Muhammadu Buhari in the Presidential Villa in Abuja.

Jeff Nemeth(Copyright: Motoring World Intl.)
Jeff Nemeth: our focus is on driving investments not only in the industry, but also in infrastructure, skills development to boost job opportunities in Nigeria (Copyright: Motoring World Intl.)

He said, “our focus is on driving investments not only in the industry but also in infrastructure, skills development to boost job opportunities in Nigeria and the promotion of investor- friendly regulatory frameworks that provides stability and sustainability in industrial development such as automotive.”

”The discussions we had with the minister as well as His Excellency the President,” he explained,” we believe, will lead to future engagements, which allow us to see an emergence of an automotive industry in Nigeria. We are encouraged by the development.”

He stressed that the association would ensure stability and sustainability of development in the country through investor’s regulatory framework.

Nemeth said, the association had impacted positively on the economies of some African countries such as South Africa where the industry has  employed nearly 70,000 people and expressed satisfaction at the discussion with the Nigeria government,’ adding that,” it would likely lead to a vibrant automotive industry.”

 

©Copyright MOTORING WORLD INTERNATIONAL.
All rights reserved. Materials, photographs, illustrations and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior written permission from Motoring World International

Contact: editor@motoringworldng.com

Most Popular

Real Reason for Introducing CNG Mass Transit Buses in Nigeria – President Tinubu

President Bola Ahmed Tinubu has described the ongoing CNG Mass transit programme as part of his administration’s strategic plans aimed at building a robust...

AUTOMEDICS Partners Italian facilitators on Auto Gas Installation Training for Nigerians

AUTOMEDICS LTD in partnership with Italian facilitators, ECOMOTIVE SOLUTIONS, plans to hold a two-day auto gas installation training for auto and generator maintenance/repair technicians...

Ford Wins in Rally Chile, as Toyota Clinches Manufacturers’ Title

M-Sport Ford's Ott Tanak sped to victory in Rally Chile on Sunday as Toyota won the manufacturers' title with two rounds to spare and...

GT World Challenge: ROWE Racing concludes an impressive Endurance Cup season

The Fanatec GT World Challenge Europe Powered by AWS Endurance Cup season concluded with the 3-hour race at Barcelona (ESP). While the BMW M Motorsport...
%d bloggers like this: