Nigeria to reverse $1b annual loss from vehicle parts imports

The Federal Government, through the National Automotive Design and Development Council (NADDC), has pledged to reverse over $1 billion yearly loss to imported vehicle components.

NADDC Director-General, Joseph Osanipin, stated this on Monday during the Midas NFX Software Automotive Design Skills Boot Camp held in Abuja.

Osanipin, who decried the fact that the country spends over $1 billion each year on imported spare parts, stressed the urgent need for local production capabilities.

“The country spends over one billion dollars annually on imported spare parts. This massive expenditure underscores the necessity of developing advanced design and manufacturing skills locally to stimulate economic growth and reduce reliance on imports,” he said.

The boot camp, organised by NADDC, focuses on training engineers and designers using Midas NFX software.

This advanced tool facilitates the design and simulation of automotive components, enabling users to optimise material selection and meet precise manufacturing requirements.

According to Osanipin, the software represents a key step in modernising Nigeria’s automotive manufacturing landscape.

The initiative aims to train 100 engineers over the next year, equipping them with critical skills that bridge the gap between theoretical knowledge and practical application.

“The training is not limited to NADDC staff but is also open to private sector participants who may lack access to such advanced resources,” he said.

“The only way we can bridge this gap is through knowledge. By fostering innovation within the industry, we not only enhance local expertise but also pave the way for producing quality spare parts locally, ultimately saving foreign exchange.”

Osanipin noted the untapped potential in Nigeria’s automotive sector, especially in the production of components like batteries, brake pads, and filters. Despite strides in local lubricant manufacturing, there is a vast opportunity to harness local talent for designing and producing these parts. Such efforts could boost job creation and drive self-sufficiency.

He added that the automotive aftermarket presents a significant economic opportunity, and training programs like the one currently embarked upon are crucial for harnessing that potential. He revealed that 24 participants would begin training immediately, with plans to expand the initiative in the future.

Managing Director of FAZSAL Nigeria Limited, Dr Abdullawal Zubair, while speaking at the training, commended the NADDC for providing access to cutting-edge tools like 3D scanners and printers.

“The equipment provided is among the best globally. Participants should leverage this opportunity to improve their skills, benefiting both their careers and the broader industry,” Zubair said.