Opinion

Nigeria @59: Celebration of Shattered Hope for Auto Industry?

Neglecting the auto industry has put a dent on the achievements of President Muhammadu Buhari’s regime since 2015. It was not peculiar to Buhari’s administration, though. Yes, no regime, military or civilian has succeeded in growing the auto industry. It has been betrayal each time the nation attempted to join the automotive industrialized nations. Efforts to grow the industry from 1970s ...

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Solution to Insecurity on Nigerian Roads

MATILDA FRANCES Insecurity on Nigerian highways has reached an embarrassing state. It is so bad these days that many are afraid of making inter-state travel for fear of being robbed or kidnapped.Party politicians have unsurprisingly made most of it, playing blame game, and ethnic hatred. However, more than opening talk shops, a permanent and effective solution is what the nation ...

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Conspiracy against Nigeria’s Auto Industry : An Open Letter to President Buhari

FEMI OWOEYE Your Excellency, That two administrations found it impossible to get Nigeria’s new auto policy written in the nation’s statutes book is anomalous. Between 2011 and 2015, the bill got as far as President Goodluck Jonathan’s desk. An insider of the then administration argued that the president could not sign the bill due to pressure on him during his ...

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 Taming The Lull in Nigeria’s Auto Market

MANNY PHILIPSON The country’s automotive sub-sector may as it were be enmeshed in fresh round of uncertainty, if the recently retained 14 percent Monetary Policy Rate (MPR) is anything to endorse. Just last Thursday 22 November 2018, the Central Bank of Nigeria (CBN) Governor Godwin Emefiele announced after the 264th Monetary Policy Committee meeting in Abuja that the decision to ...

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Why Nigerian Gov Officials, Diplomats Should Ride Only Locally Assembled Vehicles

JOE OLOWOJOBA Recent news about Kojo Motors’ setting up assembly plant for Yutong Bus in Nigeria is commendable. This effort as well as that of other already existing plants will, no doubt, create thousands of jobs and add positively to Nigerian economy. Given this development, I challenge members of parliaments in states and federal level as well as politicians, Government ...

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Three Years of President Buhari in Power: What Impacts on AUTO INDUSTRY?

FEMI OWOEYE Nigeria’s re-launched automotive policy was barely two years old, when President Muhammadu Buhari assumed office in 2015. By then, auto assembly plants had been sprouting again across the country. And so to those, who understand auto industry as one of the leading employers of labour in the world, Nigeria’s industrial future looked brilliant.  But as at at Tuesday, ...

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Why Nigerian Automotive Industry Development Bill Deserves Buhari’s Priority Assent

FEMI OWOEYE News about President Muhammadu Buhari’s assenting six bills on Friday(29th December 2017) activated my brain’s alarm. Going through the list of bills the president signed into law, I found the likes of Federal Capital Territory administration to legally and legitimately provide funds out of its statutory revenue fund for recurrent and capital expenditure, confirmation of the establishment of ...

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