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Stakeholders demand urgent passage of NAIDP Bill to revive Nigeria’s auto industry
Stakeholders demand urgent passage of NAIDP Bill to revive Nigeria’s auto industry
Stakeholders in Nigeria’s automotive sector have renewed calls for the urgent passage of the Nigeria Automotive Industry Development Plan (NAIDP) Bill, warning that continued delay is stalling investment and threatening the survival of local auto assembly plants.
The call was made during a forum organised by the Auto Sub-Sectoral Group of the Lagos Chamber of Commerce & Industry (LCCI), themed “The Impact of Non-Passage of the NAIDP Into Law on the Automotive Industry.”
Delivering the keynote address, the Director-General of the National Automotive Design and Development Council (NADDC), Otunba Joseph Oluwemimo Osanipin, commended President Bola Tinubu for prioritising industrial development, but expressed deep concern over the prolonged delay in legislating the NAIDP.
“The NAIDP has been our strategic roadmap for transforming Nigeria’s automotive industry. But the inability of lawmakers to pass the bill into law continues to discourage Original Equipment Manufacturers (OEMs) from investing in local assembly operations,” Osanipin said.
He highlighted the Council’s achievements so far — including the establishment of 18 auto training centres and the training of over 30,000 technicians — but warned that lack of a legal framework is allowing uncontrolled importation of used vehicles and denying the industry much-needed credit schemes.
“Without the backing of law, no investor wants to commit capital into a sector that offers no guarantees or protection,” he added.
Echoing similar concerns, Chief Anselm Ilekuba, National Coordinator of the Automotive Local Content Manufacturers Association of Nigeria (ALCMAN), described the auto industry as a crucial pillar for economic diversification, job creation, and technological advancement.
He criticised the policy vacuum as a deterrent to both local and foreign investment and urged legislators to act swiftly. “Stakeholders must continue to push for the passage of this bill. Once that happens, we can unlock the industry’s full potential,” he said.
Also speaking at the forum, President and Chairman of Council of the LCCI, Gabriel Idahosa, called for lkķkpa holistic review of automotive policies and advocated for a balanced tariff structure that supports local production while protecting consumer interest.
“Failure to act will only worsen unemployment and weaken Nigeria’s industrial base,” he warned.
Chairman of the Automobile and Allied Services Group of LCCI, Femi Eguaikhide, noted that with the right legislation and investment incentives, Nigeria’s auto sector could become a significant foreign exchange earner.
“This symposium is not just about challenges — it’s about finding solutions and developing a strategy to boost local manufacturing,” he added.
Private sector stakeholders also weighed in. Syam Abdulkadir, National Operations Manager of Mikano Motors, described the absence of legislation as the sector’s “biggest obstacle,” while Otunba Adekunle Jaiyesimi, Deputy Managing Director of CFAO Mobility Nigeria Ltd, called attention to currency fluctuations and the need for vehicle financing options similar to what exists in neighbouring countries.
Representing the Nigeria Customs Service (NCS), Assistant Comptroller Limai Oluwakemi reiterated the agency’s commitment to promoting local content and enforcing the Federal Government’s “Nigeria First” policy through enhanced inter-agency collaboration.
The summit concluded with a unified message: the passage of the NAIDP Bill is not just an industry need but a national imperative for economic growth, job creation, and technological progress.

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Lagos NURTW Chairman Sego Distributes Exotic Cars, Luxury Items to Cabinet Members (Video)
Lagos NURTW Chairman Sego Distributes Exotic Cars, Luxury Items to Cabinet Members (Video)
The Chairman of the Lagos State chapter of the National Union of Road Transport Workers (NURTW), popularly known as Sego, has distributed exotic cars, luxury items, and other valuables to members of his cabinet.
The development, which took place on Tuesday, drew attention across Lagos as beneficiaries reportedly received high-end vehicles and other expensive gifts as part of what insiders described as a reward and appreciation gesture.
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Sources within the union disclosed that the items shared included luxury cars, household equipment, and other high-value materials, aimed at boosting morale among cabinet members and strengthening loyalty within the leadership structure of the union.
Observers say the move highlights the growing influence and financial strength of transport unions in Lagos, particularly the NURTW, which plays a key role in the state’s transport sector.
While supporters of the chairman have praised the gesture as a sign of generosity and leadership, critics argue that such displays of wealth raise questions about transparency and accountability within union operations.
As of the time of filing this report, there has been no official statement from Sego addressing the distribution, but the development has continued to generate reactions among stakeholders in the transport industry and the wider public.
The Chairman of the Lagos State chapter of the National Union of Road Transport Workers (NURTW), popularly known as Sego, has distributed exotic cars, luxury items, and other valuables to members of his cabinet
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Lagos NURTW Chairman Sego Distributes Exotic Cars, Luxury Items to Cabinet Members (Video)
Auto
Motoring World marks 30 years, set to rally industry leaders in Lagos
Motoring World marks 30 years, set to rally industry leaders in Lagos
Motoring World, one of Nigeria’s foremost automotive publications, will celebrate its 30th anniversary on June 4, 2026, with a high-profile event at the MUSON Centre.
The milestone gathering is expected to draw policymakers, industry leaders, diplomats and innovators to commemorate three decades of impactful journalism, advocacy and contribution to the growth of Nigeria’s automotive sector.
Founded on June 12, 1996, as a syndicated radio magazine programme, Motoring World pioneered automotive broadcasting in Nigeria before expanding into print in 1998. It has since evolved into a multi-platform brand at the forefront of promoting industry development, modernization and policy reform.
Over the years, the publication has gone beyond news reporting to play an active role in shaping regulatory frameworks, encouraging local content development and promoting industry standards.
Publisher and Chief Executive Officer, Femi Owoeye, said the organisation was driven by a clear vision from inception.
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“Motoring World started with a simple vision: to give voice and structure to Nigeria’s automotive industry. Over the years, we have gone beyond reporting to actively advocate policies that support industry growth, local production and a more structured ecosystem,” he said.
Activities lined up for the anniversary include the unveiling of a special 30th anniversary edition of Motoring World magazine, chronicling the evolution, milestones and future of the industry. Distinguished stakeholders with three decades of contributions to the sector will also be honoured.
A keynote lecture titled, “Reporting the Road Ahead: Automotive Journalism as a Catalyst for Nigeria’s Auto Industry Development,” will underscore the critical role of the media in shaping the nation’s automotive landscape.
Dignitaries expected at the event include the Minister of Industry, Trade and Investment, Jumoke Oduwole; the Director-General of the National Automotive Design and Development Council, Oluwemimo Joseph Osanipin; state governors, transport commissioners and members of the diplomatic corps.
Owoeye noted that the anniversary represents more than a celebration.
“This is a tribute to resilience, strong partnerships and the collective drive that has sustained the industry. As we honour key players and reflect on our journey, we are also setting the tone for the next phase of mobility in Nigeria,” he added.
The event promises a blend of reflection, recognition and renewed commitment to advancing Nigeria’s automotive industry.
Motoring World marks 30 years, set to rally industry leaders in Lagos
Auto
Hyundai unveils flagship SUV Palisade, rolls out strong line-up in Lagos showcase
Hyundai unveils flagship SUV Palisade, rolls out strong line-up in Lagos showcase
Hyundai Nigeria has unveiled the all-new Hyundai Palisade in Lagos, headlining a media showcase that also featured the Hyundai Accent, Hyundai Creta, Hyundai Tucson and Hyundai Santa Fe, as the automaker intensifies its push across key segments of the Nigerian market.
The event, held at the company’s Victoria Island showroom, offered journalists a first-hand view of Hyundai’s expanding portfolio, ranging from entry-level sedans to premium three-row SUVs.
Taking centre stage was the debut of the Palisade, Hyundai’s flagship SUV, positioned to strengthen the brand’s foothold in the premium segment.
With its bold exterior styling, spacious three-row layout, upscale interior and advanced safety and convenience features, the model is targeted at families and executive buyers seeking comfort, space and strong road presence.
Across the line-up, Hyundai showcased a broad spectrum of offerings. The Santa Fe reinforces its appeal as a refined, family-oriented SUV with generous cabin space and premium detailing, while the Tucson stands out for its blend of modern design, practicality and everyday versatility.
In the compact SUV category, the Creta was highlighted for its mix of style, efficiency and urban functionality, while the Accent sedan retains its positioning as a practical and cost-effective option for young professionals, fleet operators and first-time buyers.
Speaking at the event, Brand Head, Hyundai Nigeria, Gaurav Vashisht, said the launch underscores the company’s commitment to deepening its footprint in Nigeria with globally competitive products adapted to local needs.
“This introduction of the all-new Palisade strengthens our premium SUV offering while complementing a well-rounded line-up that delivers on design, safety, innovation and everyday usability,” he said.
The showcase also provided an avenue for media interaction with Hyundai executives and product specialists, alongside detailed vehicle walkarounds covering design, technology and safety features.
Hyundai Nigeria reaffirmed its focus on delivering globally benchmarked vehicles with strong local relevance, even as competition intensifies in Nigeria’s evolving passenger vehicle market.
The event also marked the launch of Hyundai’s Easter campaign, offering customers value-added benefits such as complimentary delivery, accessories, registration and service packages.
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