How Abuja Motor Show Stood Still For Jetour Models

Abuja Motor show has over the years remained one of the major avenues to showcase latest automobiles to auto patrons in the Federal Capital Territory. Hence, the latest edition which held recently, witnessed the impactful presence of the newly introduced Jetour auto to the admiration of fair visitors. The 23rd Abuja Motor Fair, which held…

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How Feasible is Local Content Development for the Nigeria’s Auto industry?

ROTIMI ASHER Local content sourcing is in the heart of a nation’s automotive industry. More so it is when it concerns value chain and thousands of job creation therein. That explains why it forms the core part of the Nigeria’s National Automotive Industry Development Plan (NAIDP), a provision aimed at achieving high proportion of parts…

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Hope Rises for Auto Industry, as Nigeria Talks with Chinese Firm on Steel Development

The Federal Government has commenced discussions with a Chinese firm, Luan Steel Holding Group, to build a new steel plant in Nigeria. This form the core of the discussion by a delegation of the Minister of Steel Development,  Shuaibu Audu; the Minister of Defence, Mohammed Badaru, and the Permanent Secretary of the Ministry of Steel…

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How Nigeria’s Auto Industry Faired in 2023

FEMI OWOEYE Year 2023 was a continuation of bumpy and dark alleyway through which the nation’s automobile industry travelled for eight years. For the nation’s automobile buyers and users, 2023 represented a Year of Hike. For, early January, motorists were slammed with a 200% increase on premium payment for third party vehicle insurance, hiking from…

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