As Nigeria auto industry summit holds this week, Globe Motors to showcase locally-assembled mobile cooling van – Newstrends
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As Nigeria auto industry summit holds this week, Globe Motors to showcase locally-assembled mobile cooling van

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As Nigeria auto industry summit holds this week, Globe Motors to showcase locally-assembled mobile cooling van

Globe Motors will this week Thursday June 27 showcase its locally-assembled cooling van at the Nigeria auto industry summit holding in Lagos as one of the highlights of the event.

Organisers of the event, Nigeria Auto Journalists Association (NAJA) announced this in a statement, just as more auto companies have indicated interest in participating in the maiden edition of the programme.

It said the production of the Nigeria-assembled mobile cooling van aimed to proffer solutions to the challenges being faced by stakeholders in this area.

Already, Kia Nigeria, Carloha Nigeria, Coscharis Motors , Globe Motors, Ineh-Mic Motors, Suzuki By CFAO, RT Briscoe, Toyota Nigeria Limited (TNL), Weststar Associates Limited and Honda Automobile Western Africa Limited (HAWA) have pledged full support for the event.

The event being organised in partnership with the National Automotive Design and Development Council (NADDC), has continued to excite stakeholders as the countdown began on Monday (today).

The Comptroller-General of the Nigeria Customs Service (NCS), Mr. Bashir Adewale Adeniyi and officials from the Nigeria Ports Authority (NPA) are also expected to address the myriad challenges facing auto importers at the summit.

According to the organisers, the country’s automotive industry is expected to rally all stakeholders together in addressing the challenges facing them and recommend practical solutions to the government through a communiqué at the end of the event in order to fully explore the great potential in the automotive sector for national development.

Expected to be declared open by the Minister of Industries, Trade and investment, Dr. Doris Uzoka-Anite, summit, which has as theme, Reviving Nigeria’s Economy through the Automotive Sector, will have the NADDC Director General, Mr. Joseph Osannipin, as the Chief Host.

The NADDC boss is expected to be supported at the summit by members of the Nigeria Association of Automotive Manufacturers (NAMA) as well as leading stakeholders across Nigeria.

Commenting on the importance of the summit for the development of the country’s automotive sector, Chairman, organizing committee of NAISU, Femi Owoeye, said, “Initiating this summit is vital, especially at this moment in history, when Nigeria is struggling to map its way out of the prevailing global economic despair. Being one of the drivers of the global economy, the automobile industry, if given the necessary impetus in Nigeria, is capable of transforming the country to an automotive manufacturing hub in Africa.

“To this end, Nigeria Auto Industry Summit shall annually produce significant information compost that would help the government to make it happen. That is why the maiden event is themed: Reviving Nigeria’s Economy through the Automotive Sector.”

Chairman of NAJA, Mike Ochonma, said, “The summit shall bridge the information and communication gap between the nation’s auto industry stakeholders and relevant government agencies.

“Moreover, annually, the summit shall give a single and united voice for the auto industry leaders to set developmental agenda aimed at kick- starting and driving relevant government policies towards a sustainable development of the automotive industry in Nigeria and ultimately position the country as a frontline beneficiary of the African Free Trade Agreement Area.”

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BREAKING: Presidency confirms imminent cabinet reshuffle

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President Bola Ahmed Tinubu

BREAKING: Presidency confirms imminent cabinet reshuffle

The Presidency has confirmed that a cabinet reshuffle to be undertaken by President Bola Tinubu was imminent any moment from now.

The Special Adviser to the President on Information and Strategy, Bayo Onanuga, revealed this to State House correspondents on Wednesday at the Presidential Villa, Abuja.

Onanuga, however, stated that he was uncertain whether the cabinet reshuffle would occur before October 1 or not, but emphasised that it was expected to happen anytime soon.

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It will be recalled that President Tinubu appointed his ministers in August of last year, and there have been clamour for cabinet reshuffle by some members of the ruling All Progressives Congress (APC) and Nigerians at large over poor performance by some Ministers.

Newstrends also reports that the President a few weeks ago confirmed his plan to rejig his cabinet while playing host to some Northern leaders at the State House in Abuja.

BREAKING: Presidency confirms imminent cabinet reshuffle

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Exports of APM Terminals Apapa rise, 2nd exporters forum beckons

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Exports of APM Terminals Apapa rise, 2nd exporters forum beckons

APM Terminals Apapa has said its half-year (H1’24) export figures for non-oil cargo stood at 51,000 Twenty Equivalent Units, TEUs, a rise of 7.8% Year-on-Year (YoY) when compared with 47,000 TEUs recorded in the corresponding year of 2023, H1 2023.

APM Terminals Apapa Terminal Manager, Steen Knudsen, described non-oil export cargo as an integral part of the terminal’s business.

He stated: “Over the last four years, we have witnessed a steady growth in non-oil export cargo. In 2020, export volumes stood at 53,000 TEUs. In 2021, it rose to 63,000 TEUs and in 2022, 71,000 TEUs. The greatest rise in exports was recorded in 2023, when volumes rose to 94,000 TEUs, an increase of 32%.”

To continue to drive this growth in non-oil exports, Knudsen added that the terminal would be hosting its second exporters’ forum this September.

He said, “The exporters’ forum is our way of supporting the Federal Government’s non-oil export drive. The forum is basically a brainstorming session where we rub minds with the various exporting associations in the country on how best to resolve their challenges to facilitate more efficient movement of exports into the ports.

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“More exports out of Nigeria translate to lower shipping costs since the vessels don’t go back empty. We will continue to partner with our customers and all relevant government agencies in the port to encourage Nigerian exporters in their business.”

Launched mid-2024, the APM Terminals Apapa exporters’ forum provides a safe place for the terminal, its export customers and shipping lines to discuss issues that impede the flow of export cargo into the port.

APM Terminals Apapa, Head of Commercial, Kayode Daniels, said: “The maiden forum launched in June was a huge success. We got so much feedback from the exporters on how we could collaborate to streamline our processes to improve export volumes. With agro-export produce, time is of the essence as prolonged storage in containers could ruin the quality of the cargo before it gets to its destination.

“The feedback we receive in the forum will be used to improve our operations and other associated processes concerned with the export of non-oil exports. I believe we can all work together to further strengthen the port’s export process.”

Exports of APM Terminals Apapa rise, 2nd exporters forum beckons

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CFAO Nigeria unveils CNG-powered King Long bus for sustainable transportation

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CFAO Nigeria unveils CNG-powered king long bus for sustainable transportation

CFAO Equipment Nigeria has introduced a Compressed Natural Gas (CNG)-powered bus, providing a sustainable and practical option for road transport operators.

This is in response to the rising cost of fuel and the growing demand for alternatives to petrol engines.

According to the firm, the introduction of the seven-metre King Long CNG bus is aimed at reducing the financial strain on transporters and commuters, while also offering an environmentally friendly solution.

General Manager of CFAO Equipment Nigeria, Francois Van Bladel, explained that the CNG-powered bus was factory-built with the latest technology, making it a highly efficient option in today’s challenging economic environment. With fuel prices at an all-time high, CNG presents a cost-effective alternative to petrol and diesel, giving owners a way to cut down on operating expenses.

“This vehicle comes at a time when the high cost of petrol is creating significant challenges for both transport operators and passengers.

“The King Long CNG bus offers a reliable solution that reduces fuel expenses and contributes to cleaner air in our cities,” Van Bladel said.

He added, “By introducing the CNG-powered King Long bus, we are not only addressing the economic realities of the Nigerian market but also showing our commitment to greener and more sustainable transportation solutions.”

The King Long bus, equipped with four 80-litre CNG cylinders, ensures ample fuel capacity and reducing the need for frequent refills—a significant step forward in Nigeria’s efforts to lower transportation costs.

With a spacious 25+1 passenger capacity, the bus is ideal for various transportation needs, including commercial transport, school shuttles, and staff buses.

Moreover, the bus top-mounted 12kW air conditioning system ensures that passengers travel in comfort.

Added features like a rearview camera enhance the overall safety and ease of operations for drivers.

The King Long bus is powered by a YC4D140N-50 engine that complies with Euro V emission standards, offering both fuel efficiency and lower emissions.

This ensures that bus owners can save on fuel costs while helping to reduce the harmful pollution associated with traditional petrol and diesel engines.

Designed with a Gross Vehicle Weight (GVW) of 7,000 kg, the bus is suitable for city and inter-city travel, making it a versatile option for both private and public transport services in Nigeria.

It comes with a warranty of 12 months or 100,000 kilometres, whichever comes first, underscoring CFAO’s commitment to providing reliable solutions for Nigerian roads.

CFAO Equipment Nigeria says it is ensuring that spare parts and after-sale services are readily available across its nationwide network, offering operators peace of mind in maintaining their buses.

By adopting this solution, it notes that transporters can gain a financial advantage by switching to CNG, especially in light of the continued volatility in petrol prices.

The statement added, “CFAO Equipment Nigeria, a subsidiary of CFAO Mobility Nigeria, says it remains focused on providing innovative and cost-effective transportation solutions tailored to the needs of Nigerians.”

It urges people seeking more information to visit https://www.cfaoequipment-nigeria.com.

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