Africa > West Africa > Nigeria > Professor Yemi Osinbajo, Vice President of Nigeria

Nigeria: Professor Yemi Osinbajo, Vice President of Nigeria

2015/10/31

The Federal Government has suspended issuance of licence to new vehicle assembly plants.

Aminu Jalal, the Director General of the National Automotive Design and Development Council (NADDC), disclosed this in a statement in Abuja on Friday.

Mr. Jalal said the action was to enable the council to consolidate the country’s vehicle assembly operations and concentrate on developing local content. He explained that the suspension did not apply to investment in original equipment manufacturing (OEM), adding that applicants for OEM license would not be affected.

Mr. Jalal said, “The major objective of the National Automotive Industry Development Plan is to bring back completely knocked down (CKD) automotive assembly and develop local content.

“NADDC is investing over N5 billion to establish automotive test centres that will ensure that the vehicles and components meet international safety and environmental standards.

“The response to the policy so far has exceeded our expectations. The current status of implementation of the policy is that 14 existing assembly plants started assembling new products (cars, SUV, buses, pick-up trucks) in 2014.”

The DG listed some of the 14 plants as Volkswagen of Nigeria (VON), Peugeot Automobile Nigeria (PAN), Innoson Vehicle Manufacturing, ANAMMCO, Leyland-Busan, NTM and Steyr.

According to him, Nissan, VW, Hyundai, Kia, Honda cars and SUV, Shacman and MAN Trucks, and Ashok-Leyland buses are presently assembled in Nigeria.

“Eleven new companies, inclunding Century Auto (Toyota), TATA, Coscharis Auto (FORD, Joylong, Dongfeng) and Dana Motors (Renault) have been given bona-fide manufacturing status and are on track to start assembly operations this year.

“Our emphasis has presently shifted to the development of automotive local content.

“Sites for automotive supplier parks in excess of 400 square hectares have been acquired across Nigeria and effort is ongoing to acquire additional.”

Mr. Jalal said the council was evaluating tenders by world consulting firms with experience in the establishment of industrial parks.

unicef HK
Related Articles

  • The Federal Government Begs Dangote to Complete Refinery Before 2019

    2017/08/01 The Federal Government has said it relies heavily on the Dangote refinery (www.Dangote.com) to fulfill its promise to Nigerians to end fuel importation by December 2019. To this end, the Minister of National for Petroleum Resources, Mr. Ibe Kachikwu, who visited the Dangote oil refinery site at Lekki Free Trade Zone, in Lagos, said the government is ready to play its part as a responsible government to assist in making sure the project is completed before the scheduled date.

  • Children on the move from Africa do not first aim to go to Europe, new UNICEF study shows

    2017/07/29 Children on the move into Europe from Africa take the decision to leave home on their own and do not initially intend to go to Europe. For the majority the systematic trauma and abuse they witnessed or suffered in Libya caused them to flee to Europe and take the terrifying Central Mediterranean sea route, according to a new study commissioned by UNICEF and carried out by REACH.

  • WHO lauds Africa’s progress in malaria, HIV control

    2017/07/29 The World Health Organisation (WHO), has commended the African region for making significant evolution in malaria control in the last five years. Dr Matshidiso Moeti, the WHO Regional Director for Africa, in a statement in Abuja on Tuesday, said malaria incidence and mortality rates had declined by 42 % and 66 % respectively between 2000 and 2015. Moeti made the commendation in Kigali, Rwanda, while speaking at the Initial Africa Health Forum, launched by WHO, Africa and the Government of Rwanda.

  • Envoy cautions Nigerians on currency declaration in Ethiopia

    2017/07/29 Nigeria’s Ambassador to Ethiopia, Bankole Adeoye, has advised Nigerians travelling to that country to adhere to its currency declaration law in order to avoid sanctions. Adeoye, who is as well Nigeria’s Permanent Representative to the African Union (AU), gave the advice in an interview with the News Agency of Nigeria (NAN) on Sunday in Addis Ababa. “Since my arrival as Nigerian envoy here barely a month ago, the issue of confiscation of valuables, inclunding foreign exchange of Nigerians in transit on Ethiopian Airline, has been of great concern to us.

  • Nigerian Union condemns comments of S/African minister on foreigners

    2017/07/29 The Nigeria Union in South Africa says the recent comments by that country`s Deputy Police Minister insinuating an influx of foreigners in Johannesburg are unfortunate. The Minister, Bongani Mkongi, was quoted to have said: “How can a city in South Africa be 80 % foreign national? That is dangerous. South Africans have surrendered their own city to the foreigners.” He made the comments while reacting to the problem of hijacked buildings in Johannesburg.
Nigeria News
More >
UCLGA en
Trending Articles
Business Park of Mauritius Ltd, Mauritius
www.senegalairlines.aero
Deutsche Bank AG, Frankfurt am Main
sap