Automotive Industry Stakeholders Hold Mega Forum

By: EFULA ABBAHDEEN (General Editor) [dropcap]S[/dropcap]takeholders in the Automotive Industry in Nigeria have held a landmark forum in Lagos. The forum which witnessed the attendance of, who-is-who in the fast rising Nigerian Auto making environment converged to chart ways of moving Motor Assembling and production in the country forward. The event, which took place at…

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FG Targets 40% Local Content Development for Auto Industry

By: ROTIMI ASHER (with Agency report) The National Automotive Design and Development Council (NADDC) is targeting 40 per cent local content development in the automotive sector within the next five years. The Director General of the council, Mr Aminu Jalal, disclosed this last, when fielding questions from newsmen in Abuja. According to Jalal, NADDC’s emphaisis…

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Advancing Nigeria Auto Industry, Using Indian Model

If Nigeria were to follow the route that India has adopted and effectively stop used car imports, the effect on the Nigerian economy would be substantial with an increase in home based manufacturing, observes PHILOMENA EDGAR [dropcap]I[/dropcap]ndia is a strange country. It has 22 official languages. According to the Census of India, the total number…

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Why We’re Investing $400 Million in Nigerian Auto Industry – Kewalram

By: FRANK BOYEDE [dropcap]K[/dropcap]ewalram Chanrai Group, dealers of Foton, Isuzu Cherry and Mitsubishi in Nigeria is investing $400 million into automobile assembly plant in the country, because of trust the company has on the nation’s auto policy put in place by the regime of former President Goodluck Jonathan. The company’s Deputy Group Managing Director, Mr….

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