Reaction of Nigerian Automakers to Imported Vehicles Purchased By the Nigerian Senate (Full Text)

Full text of  statement by the Nigerian Automotive Manufacturers Association(NAMA) in reaction to N3.9b Senate vehicle imports during a press briefing held at the Golden Tulip, Festac Town, Lagos, Nigeria on Thursday 28th April 2016. [dropcap]S[/dropcap]uccessive governments in Nigeria have been battling to move our economy forward, employing different strategies and ploys to energize our docile…

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Automakers Berate N3.9b Senate Vehicle Imports, says 4000 jobs, 50 Suppliers Risk Extinction

[dropcap]T[/dropcap]he Nigerian Automotive Manufacturers Association (NAMA) has described the procurement of wholly imported SUVs instead of comparable locally assembled brands by the nation’s Upper Legislative Chamber as despicable and catastrophic to about 4000 jobs and roughly 50 ancillary industries currently engaged by the home-grown Original Equipment Manufacturers (OEMs). NAMA made these reservations at a media…

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