Automobile: 62 Firms Register To Assemble Vehicles In Nigeria - Liberty TV/Radio - News - Voice For All! Vision For Alll!
Publisher (J.T)
March 10, 2020
The Minister of Industry, Trade and Investment Adeniyi Adebayo says following the inauguration of the Nigeria Automotive Industry Development Plan, NAIDP, about 62 companies have been registered to assemble vehicles with a total installed capacity of 423,790 units.
Adebayo made this known in Abujaduring the launch of Local Vehicles Assembled in Nigeria explaining that thebrand were a testament to the zeal and commitment of the automotive industrialsubsector to the present government efforts towards diversification anddevelopment of the non-oil sector of the economy.
He added that an actual assemblageof 10,343 units has been achieved so far in the same view as 31 automotiveassembling companies are currently listed under the Bureau of PublicProcurement for patronage by government ministries.
The Minister stated that the role ofthe National Automotive Design Development Council, NAAD under the leadershipof Jelani Aliyu, in inviting stockholders to invest in the Automotive Industryby creating a level playing field, through an enabling environment,revitalising and sustaining the growth of the automotive sector of the economywas commendable.