FG to incorporate electric vehicles in revised NAIDP
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
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...
Automotive manufacturers fault reduction of vehicle import duties
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
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.
National automotive policy still under review, a year after
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’
Morocco and South Africa are really industrial automotive countries; our work in AAAM is working with governments like the Nigerian government, to introduce policies...
Transport sector’s tales of woe, renewed hope for 2020
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
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.