FEATURED TOPICS

MOST VIEWED ARTICLES

LATEST TIPS

Latest review Articles

Latest price articles

Lagos Motor Fair: NADDC & other stakeholders chart path to boost Nigeria automobile industry

05/20/2019

Latest news articles

During the14th Lagos Motor Fair, stakeholders stated that double taxation, multiple administrative bottlenecks in seaports, bad road networks and high interest rates have remained clogs on the wheels of progress. "Our importers have turned to countries like Vietnam and Thailand for importation of car parts as China rarely issue us visas to do business" says ASPMDA president.

Stakeholders of the national automotive sector have decried the inaction of the government towards fully implementing the National Automotive Industry Development Plan (NAIDP). According to their argument, lack of intervention on the part of the government towards implementing the policy is slowing down the capabilities of the sector to a large extent.

The stakeholders made their statements during the Lagos Motor Fair, Autoparts Expo Africa and Nigeria Motorcycle & Tricycle Expo held in Lagos on Wednesday (May 8th, 2019).

On that note, the stakeholders called for a review of the National Automotive Industry Development Plan to reflect the present day realities and developmental strides its implementation could achieve.

Their submission was that the automotive sector possesses the capability to reduce the rate of unemployment in the country if its potential is fully exploited.

However, the Director General, National Automotive Design and Development Council (NADDC), Jelani Aliyu admitted to the review of the policy while stating that the council has commenced procedures in top gear towards full implementation of the plan.

naddc-director

Mr. Jelani Aliyu affirms NADDC has commenced steps to boost the national automotive sector

>>> Check out the brand new Toyota Rush rules at the Lagos Motor Show!

Aliyu who was represented by Deputy Director, Information and Public Relations, NADDC, Mrs Susan Bisong-Taiwo further stated that it is a step in the right direction for the policy to be passed into law.

There is no way the policy will exempt the auto spare parts sector, which will in turn create employment for many. The council is trying its best to ensure the policy work

Going forward, President of Automobile Spare Parts and Machinery Dealers Association, (ASPMDA) Nigeria, Offorkansi Ebubedike, stated that auto parts expo is a positive development that and that the government has a major role to play towards their achieving greater heights.

Ebubedike was represented by Secretary, Foreign Trade and Investment Committee, ASPMDA, Leo Okoye. He said:

We cannot move to greater heights without the support from government.

The Federal Government through the Ministries of Technology, Trade and Investment or the National Automotive Council should come to our aid to open industrial hubs to take care of auto spare parts manufacturing for export.

Double taxation, multiple administrative bottlenecks in our seaports, bad road network and high interest rates are the clog on our wheels of progress. Our containers are left unattended to for months accumulating huge demurrages. Government should look into these areas; solve the ailing problems to pave way for our positive contribution in the economy

Ebubedike further cried out on the imbalanced relationship between the subsector and China.

“Chinese visitors entering Nigeria found it easy on the grounds that when they purchase their flight tickets, they flew into our borders to get visas at less than $150.00. But on our part, the Chinese Consular denies and frustrates Nigerians in the issuance of travel visas.”

lagos-motor-fair-2019

Various new car models have been unveiled in Lagos Motor Fair 2019

>>> A can't-be-missed model introduced by Coscharis Motors this year: Lagos International Motor Show: 2019 Ford Everest revealed by Coscharis Motors

The president of Automobile Spare Parts and Machinery Dealers Association, (ASPMDA) Nigeria revealed that this lack of cordial relationship between them and China have forced some of their importers to turn to other countries like Vietnam, Indonesia, Thailand who are willing to issue them visas.

Ebubedike charged the Chinese government to reciprocate the enabling business environment offered to them by the Nigeria government to Nigerians also.

The Chairman, Organizing Committee of the Fair, Ifeanyichukwu Agwu, in his remark, said this edition of the Lagos motor fair held against all odds so as to create a medium for the automotive sector to remain in the front burner of economic discuss in Nigeria.

Meanwhile, Agwu, a Managing Director of BKG Exhibitions Limited, said the Lagos motor fair has championed a resolve to use its platform to push for the growth and development of Nigeria’s automotive industry which will in turn fast-track socio-economic development in the country.

>>> Read more auto industry news and new car releases on NaijAuto.com.

Juliet Onyeachonam