Chief executives officers of major auto firms in Nigeria are set to hold a national summit with heads of relevant government agencies and ministries to examine issues adversely affecting the operation of business in the sector.
The event scheduled to hold in Abuja on May 26 is the maiden edition of the annual Auto CEOs Forum being put together by Concerned Auto Editors in conjunction with National Automotive Design and Development Council.
The forum, according to the organisers, will not only X-ray major issues slowing down the development of auto industry in the country but proffer workable solutions expected to be jointly executed by these critical stakeholders.
The statement said, “Specifically, the forum would address issues such as the auto policy, local assembly plants and low patronage of locally assembled vehicles, import levies/duties; exchange rate policy as it affect auto business; electric and gas-powered vehicles incentives and challenges and vehicle clearing-related problems.”
The organisers listed government agencies participating at the forum, apart from the NADDC, as the Nigeria Customs Service, Federal Inland Revenue Service, National Bureau of Statistics, National Drug Law Enforcement Agency, Central Bank of Nigeria, Ministry of Industry, Trade and Investment, Ministry of Finance, terminal operators, and Association of Clearing Agents.
Auto companies whose CEOs are featuring in the maiden edition of the event are Toyota Nigeria Limited, Weststar Associates, Innoson Motor, Pan Nigeria, Lanre Shittu Motors, CFAO, Kia Nigeria, Nord Automobiles, TSS Automobile, Dangote Peugeot Automobile/Sinotruck, Coscharis Motors, CIG Motors, Tata Motors, Jet Motor Company (Jet Systems) and Omaa Motors.
The DG NADDC, Jelani Aliyu, says the agency was excited about the Auto CEOs Forum initiative and expressed the hope that the parley would provided the needed opportunity to resolve those issues that had set the industry back and enable the stakeholders to forge a new relationship for speedy growth of the auto sector in Nigeria.
JAC woos customers, slashes car prices in Yuletide promo
JAC Motors Nigeria has commenced a price slash special end-of-year promo for its numerous existing customers as well as potential customers across the country.
The company says it wants its customers to celebrate holidays and the festive season in a grand style through its latest sales promotion tagged, ‘JAC Motors End of Year Promo’.
It says in a statement that it will offer a discount of N1 million on any of the JAC models purchased during the promo period, which will run till the January 10, 2023.
This, according to the auto firm, is to enable the buyers to use the N1 million for other essential items needed for the family during the festive period.
Already, the auto firm says players in both the public and private sectors are already taking advantage of the promo to acquire quality vehicles this season and enjoy the mouth-watering discount.
It says, “Festive periods are synonymous with the act of giving. JAC Motors will, as part of the End of Year Promo, give its customers not just the N1 million discount on every car purchased but also ample value-added services that come with after-sale support to strengthen the durability and performances of all vehicles purchased. Now is your chance to drive your dream JAC car in this season of giving.”
Explaining why JAC Motors is offering the unique end-of-year promo, the Head of Brand and Marketing Communication of the company, Mr Franklyn Okotie, stated that the year had its fair share of challenges on everyone.
“There is no better way and time than now to thank all our customers who go the extra mile to make the JAC brand stronger and continually promote us. For this reason and more, we will always support and positively impact our customers as we steadfastly meet the vehicular and transportation needs in Nigeria.”
He advised that their existing and potential customers to log onto this website – https://jacnigeria.com/end-of-year-promo/ to get their dream car today, even as he promised that a JAC car would be a remarkable gift to a friend this season.
The firm said the JAC vehicles are of best quality, durable, beautifully designed with modern-day aesthetics, optimum performance and highly fuel efficient.
“JAC vehicles are tropicalized, made tough to withstand all the challenging terrains on Nigerian roads. Elizade Autoland offers JAC passenger cars, commercial vehicles and light duty trucks,” it added.
Kia offers football fans fun, prizes, drive in latest EV in Qatar
As the ongoing 2022 FIFA World Cup moves into the round of 16, high flying Korean automaker, Kia Motors, says it is providing more exciting moments for spectators in the Qatar stadiums where matches are being played.
The auto company is activating what it calls two must-see activations along with a host of exciting prizes for football fans visiting the match centres.
The activations will be hosted at Al Bayt Stadium, Al Thumama Stadium, and Khalifa International Stadium, where Kia’s latest generation EV6 GT, Sportage, K5, Telluride, K8, Sorento will all be on display, Kia says in a statement.
According to the firm, the first activation offers a thrilling simulator experience “where spectators can drive a Kia vehicle of their choice from the automaker’s latest line up.”
The second activation invites football fans to win big by participating in a football challenge, where successful participants can walk away with a Kia branded cap, towel or wristband.
It says, “Visitors can check out Kia’s spot at the FIFA Fan Festival™ zone, which is the perfect place to experience the World Cup, as it is the central destination where fans from all over the world can come together to share their love of football and celebrate the electrifying atmosphere of the global event.
“At the FIFA Fan Festival™, Kia’s Ground of Inspiration will offer audiences a chance to check out the Kia EV9 Concept, which embodies an adventurous and recreational form with its rugged and upright stance.
“Fitted with a solar panel built into the car bonnet and an interior made from sustainable materials, this electric car reimagines what an all-electric vehicle can be.”
It also says alongside the activations, the automaker will support 64 Official Match Ball Carriers (OMBC) across the tournament.
The statement says, “Children from about 20 different nations globally will enjoy the once-in-a-lifetime experience of carrying the official match ball to the pitch at the start of all matches.
“As a partner of the FIFA World Cup™, the automotive brand will support the operation of the world’s greatest sporting event by providing an official event vehicle fleet that will include Kia passenger cars to facilitate the safe and convenient mobility of players, referees, VIPs and staff, as well as Kia-branded buses specifically dedicated to transport national teams and referees.”
Innoson makes history, exports Nigeria-assembled vehicles to Sierra Leone
Nigeria’s indigenous vehicle manufacturing company, Innoson Vehicle Manufacturing Ltd, has delivered the first set of vehicles manufactured for the Government of Sierra Leone as ordered by the country’s Ministry of Defence.
This is in fulfilment of a promise made during a working visit to Innoson Vehicles by top hierarchy of the Sierra Leone Defence Ministry led by Mr. Edward Soloku, the Minister of Internal Affairs as well as Sierra Leone Road Transport Corporation (SLRTC) led by its President Mr. Isaac Ken-Green.
Head of Corporate Communications, Innoson Group, Cornel Osigwe, said in a statement that various models of vehicles bought within that dispensation were for the present administration.
Osigwe explained that subsequently, the Government of Sierra Leone led by President Julius Maada Bio placed an order for the manufacturing of Innoson Vehicles valued at $4.7Million for the officers of Republic of Sierra Leone Armed Forces (RSLAF).
The first set of the vehicles supplied from Nigeria to Sierra Leone were as Monday leaving Queen Elizabeth 2 Port (Sierra Leone’s sea Port “Water Quay”) in Free Town for distribution to military officers across the country.
Reacting to the development, the people of Sierra Leone have been commending their President, Julius Maada Bio, for acting in line with the spirit of the continental agreement by opting for an African (IVM) brand of vehicles for the use of the country’s Armed Forces.
In one of the many reports in the local media on the purchase of the made-in-Nigeria vehicles, a popular blog in Sierra Leone, Focus News Blog, hailed President Bio for believing “that our Army Officers deserve better.”
The post, which showed a line-up of the IVM products from Nigeria, informed Sierra Leoneans that the vehicles would soon be “ready for distribution to military officers across the country” by the government
“Innoson Group has penetrated the vehicles market over the years. It is currently serving as one of the few wholly African car assemblers.
One of the effusive commendations for President Bio by a Sierra Leonean, Francis Ken Samu, remarked, “We are on top of the situation in times of security. Bravo HE President Bio. Keep the Military Colour Flag going up higher than ever before in de history of Sierras Leone.. God bless you, HE President Bio for equipping the RSLAF.”
This development is indeed a step towards the acceleration of intra-African trade as facilitated by the implementation of the African Continental Free Trade Area (AfCTA).
With the arrival of the Innoson vehicles in Free Town, Sierra Leone has become the first country in West Africa whose armed forces are using the IVM products outside Nigeria.
Four years ago, the Nigerian Army signed a partnership agreement with the Nnewi auto plant for the supply of purpose-built vehicles for its personnel.
The agreement also includes identifying requirements for the production of the armoured fighting vehicle in Nigerian Army Central Workshop in Kaduna and enhancing the capacity of Nigerian Army personnel to actively participate in the successful implementation of these joint ventures
The export of Innoson is coming two years after President Mohammadu Buhari signed the AfCFTA agreement in July, 2019.
Court jails A’Ibom YPP gov candidate 42 years for corruption
Some public servants earn more salary than the president – RMAFC boss
Court orders arrest, imprisonment of COAS
CCECC completes Apapa port link to Lagos-Ibadan railway
Customs: Vehicle tariff reduction to begin next week
Biden, Treasury Secretary say Republicans COVID-19 aid too small
metro4 days ago
How Osun AG avoided Gov Oyetola over payment of salaries till last day
Opinion6 days ago
Reflections on Sūratu Yūsuf: Lessons For Everyday Life (I)
metro4 days ago
APC Candidate to Be Tried for ‘Defrauding Kuwait Citizen of $1.3m’
News3 days ago
24 hours after swearing-in, Adeleke dethrones three Osun monarchs
News3 days ago
Senate uncovers N200m fraud in Labour ministry payments
Uncategorized3 days ago
Lagos Fourth Mainland Bridge to have three tollgates, three bidders shortlisted
Entertainment6 days ago
Just in: Gospel musician, Sammie Okposo, slumps, dies at 51
Politics4 days ago
2023: I’ll Name, Shame Oil Thieves If Elected – Atiku