…says Toyota, VW, Nissan, others full assembly plants coming
A revised national auto legislation that will fully guarantee investments in vehicle assembly plants, leading to a stop in importation of new and used automobiles will soon be enacted.
Director-General, National Automotive Design and Development Council ( NADDC), Jelani Aliyu, stated this on Sunday.
He told journalists in Sokoto that already, the NADDC was in talks with other multinational companies such as Toyota, Volkswagen and Nissan to come and directly set up their production plants in Nigeria.
”The council is working to effectively implement an automotive policy agenda, with a view to bringing these companies back to Nigeria.
“Because, when these companies come in, they will invest hundreds of millions of dollars.”
“They want to have a guarantee that regardless of whichever government is in power their investments will be protected,” DG said.
According to the director-general, the council has also engaged an international firm, KPMG, to review the automotive policy.
This, he averred, is to make it now in tune with the extant global movement in producing vehicles.
He commended the private investors in the sector for investing over N500 billion in
the nation’s automotive manufacturing industry.
”With our support and encouragement, we have enabled the private sector to invest over half a trillion naira to set up vehicles assembly plants and factories across the country,” the NADDC DG told journalists in Sokoto on Sunday.
According to him, companies such as Dangote, Sinotrucks, Innoson, Elizade, Lanre Shittu, Honda West Africa, Mikano and Nord, all are currently producing vehicles in the country.
Aliyu said, “We also have companies and assembly plants in Lagos, Nnewi, Kaduna and Kano while some are beginning to come up in Bauchi, Kano and Ogun states.
“These companies have a combined capacity of producing up to 400,000 vehicles per year.
“We are however doing a lot to unlock that potential and put a stop to the importation of new and fairly used vehicles into Nigeria.
“As am speaking, there are individuals and companies that are believed in the current and future economy of Nigeria, enough to invest this huge amount of money.”
He recalled how in the ’70s and ’80s that firms such Peugeot, Volkswagen, ANAMMCO and Leyland were producing over 140,000 vehicles per year and this suddenly stopped.
Aliyu said, “All that stopped overnight because the prices of crude oil that the country was so dependent on as a resource dropped from $27 per barrel to below $10.
“So, overnight, Nigeria went into recession; overnight, Nigerians became poor. Those people who could buy new 504s, new 505s and beetles could no longer do that.
“So, these companies could no longer sell their products, rey forced to leave because of market forces.
“NADDC is working tirelessly to bring back that lost glory and discourage heavy reliance on imported used cars by Nigerians.
“We are diligently implementing the National Automotive Industry Development Plan ( NAIDP), to reverse the ugly trend.”
He insisted that vehicles produced in Nigeria had the same standard qualities as those imported, “if not even better than them.”
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.
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