Nigeria controls auto part business in W'Africa, says BKG at Lagos Auto Fair – Newstrends
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Nigeria controls auto part business in W’Africa, says BKG at Lagos Auto Fair

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Nigeria controls auto part business in W’Africa, says BKG at Lagos Auto Fair

 

As the ongoing Lagos Motor Fair bubbles, Managing Director of BKG Exhibition Limited, Mr Ifeanyi Agwu, says Nigerians are in firm control of automobile spare parts business in West Africa.

He spoke on Wednesday at a four-day Lagos Motor Fair holding in Victoria Island, where Nigeria-based and foreign automakers, motorcycle and component manufacturers from Asian countries, among others, are displaying their products.

Agwu said, “Nigerians are controlling auto part business in West Africa. It’s Nigerians you will see mostly engaged in the auto spare part business in countries in this region.

“That is why you see makers of auto components from Asian countries including China flooding the Lagos Motor Fair. They see a big market here.”

The BKG boss said the auto fair had brought big business for Lagos and Nigeria.

He said, “Foreign exhibitors have taken over most of the hotels on the Lagos Island where the Lagos Motor Fair is taking place.

“This is just one of the business activities the fair is offering Nigerians outside the auto industry.

“You can partner with them to produce auto parts here; you can also be their agents in specific components in Nigeria.”

He also spoke on the importance of auto sector towards the development of the economy.

“Business is generally slow in Nigeria but people have not abandoned their cars. What is sustaining the industry is after-sale support through quality spare parts.”

He described Nigeria as important country in Africa to foreign investors especially the auto industry.

“Our target is to have major visitors across the globe coming to Nigeria for the auto show,” he stated.

Agwu also spoke on the compressed natural gas-powered automobiles being propagated by the Federal Government. According to him, the initiative is cost-effective and friendly to the environment.

“The CNG initiative is one of the best policies by this government. But government alone cannot promote it. It’s private sector events like this (auto fair) that can help.

“The CNG makes the engine run well. People are losing so much by not embracing the CNG yet,” he said.

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FEC approves purchase of N1.99bn CNG vehicles for NDLEA

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FEC approves purchase of N1.99bn CNG vehicles for NDLEA

The Federal Executive Council (FEC) on Tuesday approved the purchase of 33 compressed natural gas (CNG)-powered vehicles to boost the operations of the National Drug Law Enforcement Agency (NDLEA).

The vehicles worth N1.99 billion are to be supplied by Mikano Motors, one of Nigeria’s local automobile assemblers.

The council gave the approval on Tuesday at its meeting presided over by President Bola Tinubu in Abuja.

Lateef Fagbemi, the attorney-general of the federation (AGF) and minister of justice, disclosed this while speaking with State House correspondents after the meeting.

He said the council also approved the procurement of firearms and ammunition worth $1.442 billion to strengthen the NDLEA’s fight against drug trafficking.

Fagbemi said FEC approved N985 million to purchase body scanners at all the country’s international airports.

He said, “We submitted three items to the council on the NDLEA.

“FEC approved the procurement of 33 Mikano Motors vehicles CNG to boost the operation of NDLEA.

“Approval for NDLEA for procurement of firearms, ammunition, and counter-narcotics for the sum of $1.442 billion; the procurement of two units of body scanners for use both at Abuja and international airports at N985 million.”

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Car lovers relish Chery’s special offers at Circle Mall Lekki display

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Car lovers relish Chery’s special  offers at Circle Mall Lekki display

 

Lovers of new modern cars are still talking about their experience at the recent spectacular display of Chery models at Circle Mall, Lekki, Lagos, from June 15 to 18, 2024, many days after the event.

Apart from the unique designs and features of the vehicles showcased at the place, they are particularly thrilled by the exclusive offers to customers including making a down payment of just five million naira (N5m) on any Chery vehicle and enjoying a special five per cent discount throughout June 2024.

This event was organized to celebrate the Guardian Day, a significant occasion in China dedicated to appreciating the love, care, and support parents provide their children.

The centerpiece of the display was Chery’s latest models – the Tiggo 8 Pro, Tiggo 4 Pro, and Tiggo 2 Pro.

Each vehicle attracted significant attention for its blend of cutting-edge technology, sleek design, and unparalleled performance, promising to captivate the Nigerian market, according to a statement by Carloha Nigeria.

It stated, “In conjunction with the celebration, Carloha Nigeria extended an exclusive offer to prospective buyers. Throughout June, customers can make a down payment of just five million naira on any Chery vehicle and enjoy a special 5% discount.

“This initiative is part of Carloha Nigeria’s commitment to making luxury and quality vehicles more accessible to the Nigerian public.”

In addition to the exclusive offers listed above, Carloha Nigeria also said it hoped to further enhance the customer experience with an impressive six years of free service and a comprehensive six-year warranty or 200,000 kilometres, whichever comes first.

This, it said, was to ensure that Chery owners could drive with confidence and peace of mind, knowing their investment has been well protected.

“We are confident that the Chery Tiggo 8, Tiggo 4, and Tiggo 2, will exceed expectations and set new standards in the Nigerian automotive market,” said Mr. Joseph Omokhapue, the Sales and Marketing Director for Carloha Nigeria. He further stated that “Guardian Day is a wonderful opportunity to honour the values of care and support, which resonate deeply with Chery’s commitment to our customers.

Visitors to the Chery display at Circle Mall were delighted with luxurious Chery-branded gift items, adding an extra layer of elegance, appreciation, and engagement for attendees.

The showcased models – the Tiggo 8 Pro, Tiggo 4 Pro, and Tiggo 2 Pro –are said to reflect Chery’s innovative design, advanced technology, and superior performance.

These vehicles are tailored to meet the diverse needs of Nigerian customers, offering a blend of luxury, efficiency, and durability, it stated

It noted that Carloha Nigeria’s presence at Circle Mall not only highlighted the brand’s impressive lineup but also reinforced its commitment to fostering strong relationships with customers through value-added services and customer-centric promotions.

It added that the event at Circle Mall was a resounding success, drawing large crowds and generating significant interest.

It stressed that Carloha Nigeria remains dedicated to providing exceptional value and service, continuing to drive forward the standard of automotive excellence in Nigeria.

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Toyota Nigeria hosts Toyota Motor Show in Lagos this week

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Toyota Nigeria hosts Toyota Motor Show in Lagos this week

Toyota (Nigeria) Limited (TNL) will this week treat its customers and fans to a special Toyota Motor Show in Lagos.
The three-day event holding from Thursday, June 27 to Saturday, June 29, 2024 at The Podium in Lekki, will provide an enabling environment for customers and prospects to interact closely with their vehicles and get more informed about the company’s after-sale services/products vis body and paints and allied products, vehicle service and spare parts.
The Motor Show, the company said, would feature test drive of different models, free vehicle diagnostics, as well as a full complement of after-sales services on the ground for customers to take advantage of.
Senior management staff of TNL will also be on the ground to meet with customers and prospective customers.
The event scheduled to hold from 10 am to 7pm daily, according to TNL, will “provide an enabling environment for our customers to touch and feel our array of wonders on wheels.
“We want our customers to take advantage of the topnotch services we offer, such as improving the interior of your vehicle and the body to look good as new.
“Body and paint products and spare parts will also be on sale. Special service package opportunity is part of the deal.”
The company advised motorists to visit the Toyota Motor Show and take advantage of the huge discounts on vehicle purchase and servicing of their vehicles, which would be applied immediately or locked in to be redeemed later.
Some of the Toyota models being distributed by Toyota (Nigeria) Limited and would also be on display at the Show are Belta, Starlet, Rumion, Corolla, Camry, Corolla Cross, Hiace bus, Hiace Ambulance, Coaster, Hilux ( Prerunner), Hilux with canopy, other Hilux options, Prado TX and LC 300 VX Turbo
Toyota Nigeria’s facilities and dealership network are spread across Nigeria, manned by a well-trained workforce to deliver top-notch service to customers across Nigeria.

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