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Aliyu seeks Spanish investment into Nigeria’s auto component production

By Benjamin Alade
10 June 2022   |   3:02 am
As efforts towards local automobile assembly continue to gain traction, the Director-General, National Automotive Design and Development Council, (NADDC) Jelani Aliyu, has called on Spanish companies and groups

Director-General of NADDC, Jelani Aliyu. Photo; TWITTER/NADDCCOUNCIL

As efforts towards local automobile assembly continue to gain traction, the Director-General, National Automotive Design and Development Council, (NADDC) Jelani Aliyu, has called on Spanish companies and groups to invest in the production of vehicle components in Nigeria.

The NADDC boss made the call while speaking as a panelist at the Nigerian-Spanish Business and Trade Forum in Madrid, Spain.According to him, leveraging the Africa Continental Free Trade Area, AfCFTA, the investors will produce the auto components for both local market and exports to other African countries.

While highlighting the opportunities in the local production of automotive components that could be shipped to Spanish and other European automotive assembly plants, Aliyu said: “Nigeria is ready for innovation and advanced automotive solutions, products and services.”

Jelani Aliyu added that the Spanish companies could really add significant value to the automotive space in Nigeria. According to him: “We are looking forward to further in-depth discussions with interested companies and how they can come in to be part of this incredible journey that we have started in Nigeria, especially in Vehicle Electrification,” the director-general added.

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