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NADDC DG, KPMG economist Kale for LCCI auto industry symposium

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NADDC DG, KPMG economist Kale for LCCI auto industry symposium

 

The Auto & Allied sub-Sectoral Group of the Lagos Chamber of Commerce and Industry (LCCI) is set to hold a symposium on the Nigeria’s fledging automotive industry.

The programme holding on November 30, 2023 with the theme: The Auto & Allied Sector, Present-Day Realities in Nigeria’, at the LCCI Commerce House, Victoria Island, Lagos, will be attended by many leading auto industry stakeholders as well as experts from other fields of the economy.

According to a statement made available by Austin Akpovili, chairman of the symposium organizing committee, guest speakers expected at the symposium are Joseph Oluwemimo-Osanipin, director-general, National Automotive Design and Development Council (NADDC); Yemi Kale, partner and chief economist at KPMG Professional Services.

Panelists at the programme are Aissatou Diuof, general manager, Suzuki by CFAO Motors Nigeria Limited; Mayokun Fadeyibi, chief operating officer, Autochek Africa; and Diana Chen, chairman and chief executive officer, CIG Motors Limited.

Michael Olawale-Cole, president of LCCI and Kunle Jayesimi are the chief host and host respectively.

Commenting on the forthcoming symposium, Jayesimi, who is chairman of the Auto & Allied sub-Sectoral Group of the Lagos Chamber of Commerce and Industry, stated that the theme of this year’s symposium reflects the current realities confronting Nigeria’s automotive sector.

He expressed optimism that both the keynote speakers and the panelists invited to the symposium would provide useful insights and frameworks on best ways possible to address the hydra-headed problem confronting the local automotive sector over the years.

On his own submission, Akpovili, chairman of the symposium organising committee stated that, he is very positive that the calibre of the speakers at this year’s symposium would provide quality propositions on the way forward for the automobile industry in the present day realities of Nigeria.

Expected at the all-important symposium are all the major automobile dealers, Association of Motor Dealers of Nigeria (AMDON), the Nigerian Automobile Manufacturers Association (NAMA) and the mechanic bodies.

Others targeted are the Federal Ministry of Industry, Trade and Investment, National Automotive Design and Development Council (NADDC), KPMG and Delloite, the Japanese embassy, the German and United States consulates.

The list also includes the Bureau of Public Enterprise, the Nigeria Customs Service, Publicity and Advocacy group of the of LCCI Chambers, customs clearing agents/association with Frank Aigbogun, publisher of of BusinessDay as the moderator.

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Court of Appeal Affirms Ruling Barring VIO from Seizing Vehicles or Fining Motorists

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Court of Appeal Affirms Ruling Barring VIO from Seizing Vehicles or Fining Motorists

The Court of Appeal, Abuja, on Thursday, upheld a previous Federal High Court judgment prohibiting the Vehicle Inspection Officers (VIO) and the Directorate of Road Traffic Services (DRTS) from confiscating vehicles or imposing fines on motorists without lawful authority.

A three-member panel of appellate justices, led by Justice Oyejoju Oyewumi, dismissed the appeal filed by the VIO, describing it as lacking merit and affirming the October 16, 2024 ruling of the high court.

The original suit, marked FHC/ABJ/CS/1695/2023, was filed by public interest lawyer Abubakar Marshal, who alleged that he was unlawfully stopped and had his vehicle confiscated by VIO officials at Jabi District, Abuja, on December 12, 2023. He contended that the action was a violation of his fundamental rights.

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Justice Nkeonye Maha of the Federal High Court had declared that no law empowers the VIO to stop, seize, impound, or fine motorists, and granted a perpetual injunction restraining the agency and its agents from further violating citizens’ freedom of movement, presumption of innocence, and right to own property.

The court held that only a court of competent jurisdiction can impose fines or sanctions on motorists. It further ruled that the actions of the Respondents violated Section 42 of the 1999 Constitution and relevant articles of the African Charter on Human and Peoples’ Rights.

Although the applicant had sought N500 million in damages and a public apology, the court awarded him N2.5 million. Respondents included the Director of the Directorate of Road Traffic Services, the Abuja Area Commander, the team leader, and the Minister of the Federal Capital Territory.

The appellate court’s decision confirms that the VIO and DRTS cannot legally harass motorists, reinforcing citizens’ constitutional rights on the road.

Court of Appeal Affirms Ruling Barring VIO from Seizing Vehicles or Fining Motorists

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Changan, Jetour, Chery set for showdown in Nigeria’s Car-of-the-year race

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Changan, Jetour, Chery set for showdown in Nigeria’s Car-of-the-year race

 

Nigeria’s auto market is set for a blockbuster duel as three Chinese giants — Changan, Jetour and Chery — go wheel-to-wheel for the highly coveted 2025 Nigeria Car-of-the-Year crown.

For an industry once dominated by Japanese, European badges and later Korean brands, the emergence of these finalists marks nothing short of a seismic shift.

Unveiled on Thursday by the Nigeria Auto Journalists’ Association (NAJA), the contenders — Changan CS55, Jetour Dashing, and Chery Tiggo 8 — are already stirring excitement as the competition enters its most unpredictable year yet.

The CS55, which shocked the establishment last year after outgunning global favourites such as the Toyota Corolla and Kia Rio, returns as the defending champion, hungry for a repeat victory.

But industry watchers warn that the 2025 battle may be the toughest yet, with both Jetour Dashing and Chery Tiggo 8 enjoying surging popularity among Nigerian motorists seduced by their blend of tech, design and affordability.

 

The climax comes on December 16, 2025, when the glittering Oriental Hotel, Victoria Island, Lagos, hosts what many insiders describe as “Nigeria’s Oscars of the auto industry” — a gathering of government leaders, CEOs, mobility innovators and the country’s top motoring journalists.

Speaking on the seismic shift unfolding in the sector, NAJA Chairman Theodore Opara said the 2025 shortlist captures the moment Nigeria’s automotive story takes a dramatic turn.

“For the first time, Chinese manufacturers are not only competing — they’re leading the pack,” he said. “The quality, technology and rising acceptance of these three brands show just how fast the market is transforming.”

He explained that the committee placed strong emphasis on vehicles that combine innovation, durability and suitability for Nigeria’s rugged roads — qualities all three finalists have demonstrated.

 

More Categories Still Under Wraps

While excitement builds around the flagship category, NAJA has yet to release the full list of nominees for other segments, including vehicle assembly, electrification, aftersales, heavy-duty trucks, transport services and luxury mobility. Those nominations are expected to drop in the coming days.

 

‘We’re Raising the Bar Again’ — Awards Committee

Frank Kintum, Chairman of the Award Planning Committee, assured that preparations are in “top gear” and that this year’s event will strengthen NAJA’s long-standing reputation for integrity in a fast-expanding auto space.

“From electric vehicles to renewed interest in local assembly, the industry is evolving rapidly. Our awards must reflect this new reality,” Kintum said.

 

Top Dignitaries Set to Attend

NAJA also confirmed that the Director-General of the National Automotive Design and Development Council (NADDC), Chief Joseph Oluwemimo Osanipin, and the Corps Marshal of the Federal Road Safety Corps (FRSC) will grace the occasion as Special Guests of Honour.

Osanipin is expected to spotlight Nigeria’s push for deeper local assembly and EV integration, while the FRSC boss will reiterate growing concerns — and expectations — around road safety in an industry experiencing rapid expansion.

As the countdown begins, one thing is certain: the 2025 Car-of-the-Year battle is shaping up to be the most dramatic in Nigeria’s automotive history — a contest where China’s rising stars now sit firmly in the driver’s seat.

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Luxury automakers enter pickup market as global auto industry embraces high-end trucks

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Luxury automakers enter pickup market as global auto industry embraces high-end trucks

The global pickup segment is undergoing a dramatic transformation as luxury automakers and industrial giants compete to merge opulence, performance, and utility. Brands such as Rolls-Royce, Maybach, Bentley, Cadillac, Mercedes-Benz, BMW, Audi, Lexus, and even Ford Mustang are unveiling premium pickups designed for high-net-worth individuals, celebrities, and enthusiasts seeking powerful, tech-loaded vehicles.

Traditionally dominated by Toyota, Ford, and General Motors, the pickup market has become the “new cash cow” for the automotive industry. Luxury brands are following a strategy similar to the SUV boom two decades ago, positioning pickups as both status symbols and work-capable machines.

Rolls-Royce leads the pack with its Cullinan Pickup, boasting a V12 twin-turbo engine generating 563 horsepower, accelerating from 0–60 mph in 4.5 seconds. Mercedes-Benz revived its X-Class, blending elegance with off-road capability, while BMW introduces the X7 Pickup, featuring a turbocharged 3.0-liter inline-six with 375 horsepower.

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Cadillac’s 2026 Escalade EXT enters the segment as an all-electric, 750-horsepower pickup with all-wheel drive. Bentley, Shelby, and Ford Mustang are also competing with high-performance, luxury-focused pickups, combining speed, towing power, and premium interiors. Audi, Lexus, and Maybach are preparing their own models to challenge established luxury names.

Meanwhile, traditional pickup giants like Toyota are expanding their line-up with new models to retain leadership in this increasingly lucrative sector. Industrial and heavy machinery brands, including Caterpillar, John Deere, and Mack Trucks, are entering the fray with diesel-powered pickups boasting extreme torque, towing capacity, and rugged durability.

With 2025 and 2026 model releases, the luxury pickup boom is set to redefine the global automotive landscape, merging muscle, technology, and prestige on four wheels. The race now spans continents, with German, American, and Asian automakers vying for dominance in a market once reserved for utilitarian trucks.

Luxury automakers enter pickup market as global auto industry embraces high-end trucks

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