-2.1 C
New York City
Wednesday, October 4, 2023
Home NEWS Nigeria AUTO POLICY: Federal Government to Act Soon - NADDC

AUTO POLICY: Federal Government to Act Soon – NADDC

EFULA ABBAH

[dropcap]T[/dropcap] [dropcap][/dropcap]he worried public has been asked to exercise a little more patience concerning the stalemated implementation of the Auto Policy, as the Federal Government is said to be working out conducive environment that will encourage inflow of OEM Investments to complement effort of Nigerian entrepreneurs.

The Director, policy and Planning of The National Automotive Design and Development Council(NADDC), Luqman Mamudu hinted this to Motoring World International, Tuesday.

In an open commendation letter to the management of Motoring World International, Mr. Luqman said, “There is a lot of ground work going on with government as we speak” hinting that, “A very conducive investment environment is being worked out to encourage inflow of OEM investments to complement effort of Nigerian entrepreneurs.”

Mr. Luqman is delighted to applaud the effort of firms like SCOA, IPI, Coscharis, Toyota Nigeria, Dana Motors, The lee Group, Honda West Africa Automobile (HAWA), Innoson Vehicle manufacturers, Stallion Group, NTM Kano, Leyland Ibadan, Styre Bauchi, Anammco Enugu, PAN Kaduna and many more” saying “they should be applauded for their initiative, courage and losses.”

The NADDC director, however, intimated that there’s an ongoing review of the National Automotive Industrial Plan geared to give the industry momentum to impact on the economy better.

“The ongoing review of NAIDP will definitely give the industry traction for deeper impact on the economy,” he avowed.

Mr. Luqman however is full of praises for all and sundry for their understanding and encouragement shown government so far and advised for more patience and hope from the general public.

The Automotive Policy is suffering non implementation since inaugurated nearly three years ago which has brought untold hardship on the Auto 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: