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ECOWAS advocates regional strategy for automotive industry’s devt

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ng-logo-ecowasAs part of efforts to key into the automotive policy by the Federal Government, Commissioner for Industry and Private Sector Promotion of the Economic Community of West African States (ECOWAS), Kalilou Traore, has stressed the need for a coordinated regional strategy for the development of the automotive industry.
 
Speaking during the facility visit to SCOA Nigeria assembling plant in Lagos, Traore said the visit is aimed at learning measures to fast-track recommendations to ECOWAS authorities in support of the automotive policy.
 
He disclosed that different authorities of ECOWAS have identified with the automotive sector as a high potential sector where ECOWAS can develop a strong policy, noting that ECOWAS has conveyed this message
to all the member states, to discuss the framework of this regional policy for automotive industry.
 
“We are interested in enlarging the Nigerian experience to the world region of ECOWAS in the sense that all the member countries will adopt common policy for the automotive policy development. The policy will
be inspired by the Nigeria experience and try to harmonise the Franco regulations and standards on the issue.
 
“We are very impressed with what we have seen here, Nigeria has done a lot for automotive industry with different incentive programmes and we have seen also that many investors believe in this sector; assembling lots of vehicles, and machines.
 
“We are very happy to say that Nigeria can help the region to provide the vehicles that other countries import. It will create job, employment. It will give more assurance with regards to security issues and environment protection issues.


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