FG Set For Made-In-Nigeria Vehicle Production In 2024

Doris Uzoka-Anite, Minister of Industry, Trade, and Investment, believes Nigeria is ready to start domestic automotive manufacture before the end of the year.

Uzoka-Anite announced at the African Association of Automotive Manufacturers and the Nigerian Automative Manufacturers Association’s meeting in Abuja that funds to expand the country’s automotive industry had been made available to local manufacturers.

She emphasized the importance of sourcing locally produced automotive materials in Nigeria.

She took use of the opportunity to enlighten all stakeholders, including manufacturers, dealers, regulatory organizations, and other automobile ecosystem participants, about the Nigerian Automotive Development Policy and how they might begin to contribute to the country’s economy.

The African Association of automobile Manufacturers is an organisation dedicated to the industrialisation and growth of Africa’s automobile industry.

It collaborates with governments to establish policies, recruit investors, and enhance the continent’s economic potential by promoting sustainable and cost-effective transportation solutions.

The group primarily supports the automotive sector, which includes manufacturers, investors, and legislators. It’s based in Johannesburg, South Africa.



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