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Home NEWS Nigeria FG Sets Targets for Made-in-Nigeria Vehicle Production

FG Sets Targets for Made-in-Nigeria Vehicle Production

While the National Auto Industry Development Plan(NAIDP) still awaits presidential ascent, the Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, has expressed Nigeria’s readiness to commence local automobile  manufacturing before the end of 2024.

Speaking at the Automotive Component Manufacturers meeting in Abuja, the minister claimed that the country had met all conditions required to achieve the long awaited kick-start and growth of the nation’s automotive industry.

“Nigeria now has the capacity and materials to manufacture Made-In-Nigeria cars for local use and export,” she pointed out, adding, “With the enabling environment being provided by the government, manufacturers should be held responsible if the cars are not rolling out by December 2024.”

To this end, Uzoka-Anite called on all stakeholders, including manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem to key into the Nigerian Automotive Development Policy and start making the desired contribution to the nation’s economy.

“As far as we are concerned, the auto industry is now set to go,” she stressed, adding, “We are counting on all stakeholders to make that happen. If we do not produce made-in-Nigeria cars before the end of this year (December), it will be your fault, because I am sitting down here giving you all the assurances that this administration has created the enabling environment to make sure that the auto policy kicks off.”

Anite called on auto industry stakeholders to start sourcing local content for auto manufacturing in the country, a move she said would lead to thousands of job creation, reduction in import dependency, and economic diversification.

She emphasized the need for collaboration among manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem, saying by working together, they can address challenges, streamline processes, and drive innovation.

She also urged stakeholders to maintain high-quality standards across the board, including vehicle manufacturing, safety features, emissions control, and after-sales services.

She said: “Stringent adherence to quality will boost consumer confidence and attract investment. I assure you that this administration will continue to encourage increased investment in research and development, adding that, Innovations in electric vehicles, fuel efficiency, and alternative energy sources are critical for long-term sustainability.”

Also addressing the gathering, the Permanent Secretary, Ministry of Industry, trade and investment, Nura Rimi encouraged the National Automotive design and Development Council (NADDC) and other stakeholders to form alliances, explore new areas of collaboration, and devise ways to catapult the automotive components manufacturing industry to new heights of success.

He stated: “The government’s charge underscores the pivotal role stakeholders play in shaping its trajectory. Their commitment to sustainable practices will drive Nigeria’s automotive sector towards a brighter and more prosperous future.

“Environmental Responsibility: Stakeholders are reminded of their environmental responsibilities. Sustainable practices, recycling, and eco-friendly manufacturing processes are essential for a greener future.”

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