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NAIDP

FG to incorporate electric vehicles in revised NAIDP
30 Jul  Features
The Federal Government is incorporating electric vehicles (EVs) into the National Automotive Industry Development Plan (NAIDP).
Nigeria’s auto industry loses $10bn yearly to petrochemical, steel deficits
23 Jul  Business News
Government’s failure to revive steel companies and equally develop indigenous petrochemical plants have stalled the local automotive development agenda, leading to loss of $10 billion...
Coscharis woos Nigerians with vehicle finance scheme
4 Jun  Features
Coscharis Mobility has introduced a finance scheme for potential vehicle buyers and existing owners that are itching for new models.
Automotive manufacturers fault reduction of vehicle import duties
19 Mar  Executive Motoring
The Nigerian Automotive Manufacturers Association (NAMA) has advised the Federal Government to retrace its steps and reverse the Finance Act 2020 as it relates to the reduction in automotive tariffs.
Reliance on used vehicles importation hinders African market
29 Jan  Executive Motoring
Reliance on used vehicles is hindering growth of Africa’s automobile market. This is projected to escalate for sub-Saharan Africa (SSA) in the next 15 years, implying that Africa’s demand for vehicles will likely continue to be met by other continents in the foreseeable future.
Automotive industry needs coordinated policies to support growth
22 Jan  Features
The year 2020 was undoubtedly a challenging one and brought world economies and industries particularly the automotive industry to an unavoidable halt.
National automotive policy still under review, a year after
6 Nov 2020  Executive Motoring
The National Automotive Industry Development Plan (NAIDP), currently undergoing review by the present administration has continued to attract mixed reactions.
‘Nigeria has potential for over a million vehicles a year’
25 Sep 2020  Business
Morocco and South Africa are really industrial automotive countries; our work in AAAM is working with governments like the Nigerian government, to introduce policies...
Auto industry attracts over $1 billion investments
31 Jan 2020  Business News
Nigeria's automobile industry received a boost with over $1billion investments from renowned auto manufacturers in 2019, thereby lifting capacity to at least 408,870 vehicles yearly.
Transport sector’s tales of woe, renewed hope for 2020
3 Jan 2020  Features
It is not a hidden fact that Nigeria has great and diverse transport potentials yet to be fully tapped and explored.
Anxiety as government reviews auto policy
27 Sep 2019  Features
Following the recent announcement by the Federal Government to review the National Automotive Industry Development Plan (NAIDP), stakeholders have expressed worry on what will be the new provisions of the bill.
Stakeholders seek review of automotive policy, flay inaction
6 Sep 2019  Features
The nation’s automobile industry has been reeling under the pangs of harsh operating environment, just as the bottom-line of the sector’s listed equities, since 2015, remained subdued, with gloomy outlook, due to policy challenges.