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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Nigeria at 57: Any Cause for Cheer in the Auto Industry?

FEMI OWOEYE Nigerian independence anniversary celebration has become a routine. Same song. Same speech. Same people. Same knives and forks. Same Cups. Same plates. Same table linen- only washed. Same places to eat it. Same toilet and toilet paper (being frugal). Different year, same banner. They just paint over the previous year’s one. Same old…same old. Oh God!! I am ...

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Apology to Our Readers

Management of Motoring World wish to apologize to our subscribers, stakeholders and general reading public over erratic performance of our website in the past one week. It has been due to technical undoing experienced with our former hosting company, ipage. Our hosting contract with the company has been cancelled. We, therefore, wish to assure our general reading public that we ...

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