We expect massive roll-outs of Nigeria-made cars by December 2024 - Minister – Newstrends
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We expect massive roll-outs of Nigeria-made cars by December 2024 – Minister

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We expect massive roll-outs of Nigeria-made cars by December 2024 – Minister

 

Nigeria now has the capacity and materials to manufacture made-in-Nigeria cars for local use and export, the Federal Government has said.

Minister of Industry, Trade and Investment, Dr Doris Uzoka-Anite, stated this at the Automotive Component Manufacturers meeting in Abuja.

She said local manufacturers should be be held responsible if they fail to deliver massively Nigeria-made cars at the end of this year.

The minister said notwithstanding challenges facing the nation’s automobile industry, with the enabling environment being provided by the government, manufacturers should be held responsible if the cars are not rolling out by December 2024.

Newstrends reports a total of 37 firms were licensed automobile manufacturers/assemblers in Nigeria as of March 2023.

This figure is contained in the NADDC Updated List of the Accredited Locally Manufactured Brand in Nigeria.

Nigeria is said to currently produce less than 10 per cent of the 400,000 vehicles being used in the country.

The minister said, “As far as we are concerned, the auto industry is now set to go. We are counting on all stakeholders to make that happen.

“If we do not produce made-in-Nigeria cars before the end of this year (December), it will be your fault, because I am sitting down here giving you all the assurances that this administration has created the enabling environment to make sure that the auto policy kicks off.”

A statement by the ministry’s Director of Information and Public Relations, Adebayo Thomas, said the minister emphasised the need for collaboration among manufacturers, dealers, regulatory bodies and other players in the automobile industry.

She stressed that by working together, they could address challenges, streamline processes and drive innovation.

Even as she emphasised the need for local content, she urged stakeholders to maintain high-quality standards in vehicle manufacturing, safety features, emissions control and after-sale services.

This, she said, would boost consumer confidence and attract investment.

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Corps Marshal, NADDC DG lead discussions at 10th Nigeria Transport Lecture 

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Corps Marshal, NADDC DG lead discussions at 10th Nigeria Transport Lecture 

The Corps Marshal of the Federal Road Safety Corps (FRSC) Mr. Dauda Ali Biu, and the Director General of the National Automotive Design and Development Council, Mr. Joseph Osanipin, will lead other major players to attend the 10th Nigeria Transport Lecture holding in Lagos on Thursday, May 23, 2024.

Already, Biu and Osanipin have confirmed to be part of the event.

Transportation safety will be the focus of discussions as industry players gather at the Radisson Blu Hotel, Ikeja GRA, Lagos.

Organized by Transport Day Media (www.transportday.com.ng), the theme of this year’s edition, which is ‘Transportation Safety in Nigeria: The Way Forward’, is meant to discuss issues about transport safety in Nigeria.

The discourse, which will involve industry participants from both the public and private sectors, will x-ray transport safety cutting across all modes of transportation in Nigeria.

Also expected at the lecture are the Nigerian Maritime Administration and Safety Agency (NIMASA), Nigerian Shippers’ Council, Nigeria Safety Investigation Bureau (NSIB), among others.

The Editor-in-Chief of Transport Day Media, Mr. Frank Kintum, stated that the topic is relevant in contemporary times because many lives and property had been lost to lack of adherence to safety measures in all modes of transportation.

He said, “Irrespective of the level of infrastructural development in the transportation sector, if safety is not promoted, we are going to continue to record loss of lives and valuable property.

“Hence, the lecture is meant to address pertinent issues concerning the industry as it concerns our local Nigerian setting.

“Aside from the lecture, we are also going to use the opportunity to recognize some players, both public and private sectors, who have significantly contributed to the growth of the sector and contributed to the economy in general.”

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Cash rain at Toyota Awards as Nestle, Zenith, Roxcon win big (+ photos)

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Cash rain at Toyota Awards as Nestle, Zenith, Roxcon win big (+photos)

Toyota (Nigeria) Limited (TNL) on Friday, May 17, 2024, named Nestle Nigeria Plc as winner of its prestigious Evergreen Customer Award for the Year (2023).

The company emerged winner among the teeming Toyota customers, having purchased the highest cumulative number of new Toyota vehicles consistently within a five-year period (2019 – 2023) from the TNL accredited dealers.

As the Evergreen customer, Nestle was rewarded with office equipment worth about N10 million, which was announced by the Chairman of Toyota Nigeria Limited, Chief Michael Ade.Ojo, at a well attended ceremony held in Lagos to celebrate the customers.

Nestle also won the Best Customer of the Year award, being the customer with the highest purchase of Toyota vehicles from the TNL dealers in 2023. It also went home with a cash award of N5 million.

Roxcon Nigeria Limited and Zenith International Bank received N3 million and N2 million respectively for emerging first runner-up and second runner-up in the 2023 TNL customers purchase assessment.

Ade.Ojo congratulated the winners and thanked them for their loyalty to the Toyota brand and Toyota (Nigeria) Limited’s superior quality products and after-sale support.

Even as he urged others to take a cue from the winners, he announced that next year’s winner of the biggest award, the Evergreen, would go home with a brand new Toyota vehicle.

The Managing Director of Toyota (Nigeria) Limited, Mr. Kunle Ade-Ojo, in his address at the event, spoke on the big idea behind the annual awards.

He said, “At Toyota (Nigeria) Limited, the philosophy of ‘Customer First’ remains the focal point of all our activities. Therefore, at every opportunity, we like to recognize and acknowledge our customers’ overwhelming love and support for us, which has been our driving force over the years.

“Your unwavering patronage of the Toyota brand and unshaken loyalty to it have been awesome.”

The MD said that the company had consistently held the awards every year since the inaugural edition in 2005 but only suspended it during the COVID period.

“We thank you for staying with us throughout the difficulties brought about by the pandemic,” he added.

Notwithstanding the economic challenges confronting business organisations in Nigeria, Ade-Ojo expressed the determination of the TNL team “to maintain our culture of providing superior quality products and services to our esteemed customers.

“We will continue to avail you of models that meet your specific needs supported by robust after-sale services.”

He commended the vision of the company’s Chairman, Chief M. Ade.Ojo, affectionately called Mr. Toyota, whose foresight and tenacity, he said, had changed the face of the automobile industry in Nigeria.

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150 OEMs, others set for Lagos motor fair, Africa autoparts expo

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150 OEMs, others set for Lagos motor fair, Africa autoparts expo

Arrangements have been concluded for the hosting of the 18th edition of the Lagos Motor Fair and 11th Africa Autoparts Expo in Lagos.

BKG Exhibitions Limited, organisers of the annual event, stated this, adding that it would be a bumper package as 50 Original Engine Manufacturers (OEMs) from different parts of the world had confirmed their participation at the fair.

Chairman of the organising committee for the show, Mr. Ifeanyichukwu Agwu, said at a press briefing in Lagos that the event is scheduled to hold on June 4-7, 2024 at the Federal Palace Hotel, Victoria Island.

Agwu, who is also BKG managing director, declared, “Over 150 confirmed Original Equipment Manufacturers from all over the world are already preparing to be at the show.

“From the financial sector, auto financing and acquisition facilities and schemes shall be on display at the various stands of the firms from the sector.

“Those interested in enjoying the synergy existing between the automobile industry and the Insurance sector will get the best and latest from reputable Insurance Companies at the fair arena.

“Some of the automobile dealers will showcase their own in-house finance/ acquisition schemes.”

He said almost all the major vehicle manufacturers and dealers in Nigeria would be participating at the fair.

Notable banks and insurance companies, major oil companies; manufacturers and dealers in auto spare parts and accessories have booked to participate in the event, he added.

There will also a conference/workshop session featuring germaine industry issues and key stakeholders.

Agwu said, “The aim of this segment is to inform, educate and contribute to policy decisions and implementation in the sector.”

“The fair will be a landmark and a benchmark in auto show business in the entire West African subregion as the all-inclusive event has been packaged to ensure that all stakeholders have a rewarding experience.

“Each of the days that the fair will last is loaded with activities and events that will make this edition remarkably different and we intend to improve and add on this in subsequent editions,” he said.

Visitors can also update their knowledge about Fleet Management from experts in the field that would be on the ground at the fair.

He also said, “We have carefully put in place a lot of crowd-pulling activities all geared toward driving much traffic into the fair. “These include but are not limited to performances by popular artists, cultural and fashion displays, models/automobile parades and a roadshow.”

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