Inject Fuel Subsidy Savings into Automobile Credit Scheme, Expert Tells Tinubu

To cushion the effect of Fuel subsidy removal on Nigerians, President Bola Ahmed Tinubu has been advised to make locally assembled/manufactured commercial vehicles affordable to Nigerians by activating the Automotive Credit Purchase Scheme, an essential provision of the National Automobile Industry Development Plan (NAIDP). Making the appeal in an exclusive interview with Motoring World International,…

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Auto Industry Stakeholder Sets Agenda for President Tinubu, Advocates Reversal of 2020 Finance Act

ROTIMI ASHER President Bola Ahmed Tinubu has been implored to restore investors’ confidence in Nigeria’s automobile industry by accelerating the passage and assenting of the National Auto Industry Development Plan (NAIDP) into law. The former Acting Director General of the National Automotive Design and Development Council (NADDC), Mr. Luqman Mamudu made this call while reacting…

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FG Commissions Automotive Training Centre in Ekiti State

In continuation of its poverty alleviation programme, the Federal government of Nigeria has established an Automotive Training Centre in Ado-Ekiti, Ekiti State. One of the 21 earmarked for the six geopolitical zones of the country, the Ekiti center was commissioned on Friday by the Minister of Industry Trade and Investment, Otunba Niyi Adebayo, who was…

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From Grin to Glare : Nigeria’s Auto Industry under President Buhari

By: FEMI OWOEYE For the past seven years, Nigeria’s automobile Industry wondered in the wilderness of policy inconsistency and somersault. Before President Muhammadu Buhari assumed office in 2015, things were looking up for the industry. To activate the nation’s automobile policy, former President Goodluck Jonathan’s regime, had, from 2013, set the industry on a path…

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