Stakeholders brainstorm on auto policy, seek legal backing for reviewed NAIDP – Newstrends
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Stakeholders brainstorm on auto policy, seek legal backing for reviewed NAIDP

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Stakeholders brainstorm on auto policy, seek legal backing for reviewed NAIDP

 

Automotive experts and other major stakeholders have called for accelerated work on the ongoing legislative framework for the updated National Automotive Industry Development Plan.

They spoke in Lagos on Wednesday at an interactive forum organised by the National Automotive Design and Development Council (NADDC).

The experts including representatives of the KPMG and the African Continental Free Trade Area (AfCFTA) and automakers lamented that the prolonged delay in the enactment of the auto industry act was holding back the development of the nation’s automotive sector.

The 2023 NAIDP approved by the Federal Executive Council in May is aimed at enabling the exponential increase in the local production vehicles, reaching 40 per cent local content, 30 per cent locally produced electric vehicles, generating one million jobs and enforcing patronage of locally produced vehicles by government and companies working on government contracts.

Mr Ogoegbunam Chukwurah, Lead Export Market Development, National Action Committee on AfCFTA, gave a lecture on the benefits creating a single market in Africa would have for Nigeria’s auto sector.

He dwelt on how Nigerian auto players could take advantage of opportunities offered by AfCFTA to play on the global auto business stage.

Advisory Manager at KPMG Tobi David spoke on the various components of the NAIDP 2023 and was optimistic about Nigeria becoming a West African hub in the automotive industry.

A former acting DG of NADDC Luqman Mamudu focused on the challenges of implementing the policy and the way forward.

The auto experts and others agreed on the need to waste no further time in making the auto industry law a reality.

They also recommended the setting up of an working committee for the 2023 NAIDP implementation with a project management office and a two-yearly review of the progress being made.

Speaking via zoom, Minister of Industry Trade and Investment, Dr. Doris Uzoka-Anite, said, “The auto industry is key to achieving economic diversification. And this is in line with the mandate of the ministry to ensure full diversification and full industrialisation of the economy.”

To facilitate market access and market expansion, she assured of engagement with different economic players to ease the difficulties in doing business and allow local manufacturers to participate in AfCFTA to export their products.

Director General of the NADDC, Mr Joseph Osanipin, in his welcome address, stated that the NAIDP is a critical pillar of the government’s efforts to transform the automotive sector and position it as a key driver of economic growth and job creation.

He said, “The plan is designed to address the key challenges facing the sector such as low production level, insufficient local content and limited access to financing.”

Osanipin maintained that the NAIDP 2023 is a comprehensive and ambitious plan that seeks to align local policies with AfCFTA in such a manner that would allow the industry to compete favourably on the continental and eventually global level.

He said the policy would ensure sustainability and environmental responsibility as it offers incentives in the area of the CNG and electric-powered vehicles.

Chairman of Nigerian Automobile Manufacturers Association (NAMA), Mr. Bawo Omagbitse, expressed the group’s appreciation to the NADDC for putting up the forum.

He stressed the eagerness of NAMA to work closely with the NADDC and other relevant authorities for proper implementation of the auto policy, adding that NAMA would develop internal guidance system to ensure that members operate in accordance with the rules and regulations provided in the NAIDP document.

Other participants at the meeting included representatives from Motorcycle Manufacturers Association of Nigeria (MOMAN), GM Motors, Anammco, Innoson Vehicle Manufacturing ltd, Proforce, JET Motors, Mikano Motors, Nord Motors, Stallion, Perfection Motors, Toyota Nig. Ltd, Honda, CIG Motors, Dangote Sinotruck, Coscharis Motors, Kewalram, Dana Motors, VON Auto, Lanre Shittu Motors, CFAO and Saglev.

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CFAO Nigeria thrills, unveils all-new 2024 Toyota Land Cruiser Prado

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CFAO Nigeria thrills, unveils all-new 2024 Toyota Land Cruiser Prado

Toyota by CFAO has officially launched the All-New 2024 Toyota Land Cruiser Prado Sports Utility Vehicle (SUV) into the Nigerian market.

Toyota by CFAO, an authorised distributor of all Toyota vehicle models in Nigeria, rolled the latest great SUV, in Lagos, marking the first anniversary of the company in Nigeria.

The unveiling held Friday July 19 at auto firm’s magnificent showroom on Adeola Odeku Street, Victoria Island, Lagos, was witnessed by top public and private sector stakeholders.

The All-New Toyota Land Cruiser Prado, renowned for its on-road and off-road capabilities, is one of the best-selling Toyota models in the world, with over 11.3 million units sold in more than 170 countries.

Managing Director of CFAO Mobility Nigeria, Mr. Denis Martin, said at the unveiling, “The Land Cruiser Prado represents more than just a vehicle; it’s a testament to Toyota’s enduring legacy and our vision for the future.

“As we honor our roots, we’re also pushing boundaries, much like the Prado itself—equally at home on city streets and rugged terrains.”

Martin added, “Today, we also celebrate a significant milestone—Toyota by CFAO’s first anniversary. It’s been a year of growth, learning, and creating strong partnerships with all stakeholders.

“I want to express my deepest gratitude to our customers for your trust, which motivates us, and our partners, for your crucial collaboration in our success. “Moving forward, we are committed to continuous improvement for our standard of excellence, both in the vehicles we offer and the service we provide.

“As we enter our second year, we are excited about the opportunities ahead to further enhance your driving experience and strengthen our bond with the community.”

Providing insight into the new vehicle, the Managing Director of Toyota by CFAO, Mr. Boye Ajayi, said, “Today, we unveil not just one, but two extraordinary editions of the Land Cruiser Prado—the Limited Edition, also known as the First Edition, and the Adventure Edition.

“The theme of our event, ‘Back to the Roots,’ perfectly encapsulates the essence of what we are celebrating here today. The Limited Edition, with only 2,000 units produced worldwide, takes us back to our roots, commemorating the inception of the Toyota Land Cruiser Prado.

“It symbolises exclusivity, history, and an unwavering commitment to delivering excellence.

“Each unit is a testament to Toyota’s dedication to crafting vehicles that stand the test of time while pushing the boundaries of innovation.”

He also said, “These vehicles represent the pinnacle of luxury, performance, and versatility.

“With the new 8-Speed Automatic Transmission, T24A-FTS turbo-charged powerful gasoline (petrol) engine, the Land Cruiser Prado delivers an exhilarating driving experience, combining power and efficiency in perfect harmony.

“Its robust design, advanced technology, and off-road capabilities ensure that every journey is an adventure to remember.”

The brand partner, Mai Atafo, was on hand to provide further details about the vehicle, which captivated the invited guests and became the center of attention.

Among the notable features of the vehicle, which is already available in all Toyota by CFAO outlets in Nigeria, is the Electric Power System (EPS)—the first in the Land Cruiser family—that facilitates improved maneuverability. Additionally, the new Stabilizer Disconnect Mechanism anti-roll bar system significantly enhances the vehicle’s off-road capabilities while guaranteeing outstanding comfort.

The firm adds that its website, www.toyotabycfao.ng provides further information about the vehicle’s features.

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FG/NURTW CNG initiative; Govt promises 30,000 conversion kits at Lagos launch

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From left Alhaji Najeem Usman Yasin; Comrade Kayode Agbeyangi, the Acting General Secretary and Alhaji Adekunle Mustapha (Sego)

FG/NURTW CNG initiative; Govt promises 30,000 conversion kits at Lagos launch

A total of 30,000 Compressed Natural Gas conversion kits will be distributed to commercial vehicle owners/drivers within 90 days, Chief Executive Officer/Programme Director, Presidential CNG Initiative, Mr Michael Oluwagbemi, has said.

He disclosed this at the Park-to-Park CNG Conversion Mobilisation held in Lagos on Saturday.

He added that the CNG initiative was to ensure that commercial drivers would benefit from the palliative measure for transporters.

“We have been across over 14 states. We have been to Ilorin, Ekiti, Lokoja, Aba and Port Harcourt. We have been to the South-East even to the North.

“We are confident we have built a national movement for this conversion.

“What we now need is action, and that is why we are here today. We are acting on what Mr President has said –  to roll out and roll out fast.

“We are here to put to action, our talk in the past six months. This is the time for Nigeria to use the gas.

“Nigeria should believe in this project, there might be some challenges but we should believe in it.

“This is our country. So, we need to support this programme; support Mr President. Don’t be negative, we should be positive in this,” he said.

Oluwagbemi stressed the CNG was cheaper, cleaner, safer and more reliable, adding that it had 40 per cent less steel emission and 90 per cent less pollutant in the air.

“Definitely, there is an advantage to use CNG for the environment. We are already flaring gas. What we are saying is that instead of flaring gas, we use it for the growth of the economy,” he said.

The Lagos State Government was represented by Hon. Sola Giwa, Senior Special Assistant to the Governor on Transportation.

He commended the FG and NURTW partnership on the initiative and for choosing Lagos as the launch site.

A former Lagos State Commissioner for Transportation, Dr Kayode Opeifa, said the provision of conversion kits by the Federal Government was in keeping to its promise of easing the effects of fuel price increase for transporters.

He said 150 beneficiaries would collect voucher for conversion which they would take to any approved installation centre.

He added that they would refill gas at N250 per kilogramme.

“This will, in turn, increase pocket savings, reduce transport fare and prices of commodities,” he said.

Speaking at the event, Alhaji Najeem Usman Yasin, Chairman of the Board of Trustees (BOT) of NURTW, commended President Bola Tinubu for initiating the project.

He said the project, once fully functional, would significantly reduce transportation costs for the citizens.

Mr Najeem Yasin, a former National President, Nigerian Union of Road Transport Workers (NURTW), said that the initiative would positively affect the lives of transporters in the country.

“Today, we are here to launch the programme officially. We started in Kaduna, and today, we are here, in Lagos.

“We appreciate the President of Nigeria for trying to assist transport workers throughout the nation.

“With the CNG, prices of commercial vehicles should come down, and this will affect all sectors of the economy,” he said.

He said that NURTW was involved in the project to make sure it would go round.

“The whole 36 states would get this free conversion kits, and we assure Mr President that the aim would be actuslised,” he said.

Yasin assured that the Federal Government and NURTW would work tirelessly to ensure the successful implementation of this project.

He noted that with this launch, Nigeria had joined the ranks of nations leading the charge in sustainable energy solutions.

Other dignitaries in attendance are Alhaji Aliyu Issa Ore, Acting President of NURTW; Alhaji Tajudeen Agbede, Chairman of the defunct National Caretaker Committee; Alhaji Akeem Adeosun, Ogun State Chairman; Alhaji Musiliu Akinsanya, Zonal Chairman of the South West Zone; and Alhaji Adekunle Mustapha (Sego).

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Winning Chery Tiggo 2 Pro a dream come true, says Carloha/ILOTBET winner

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Winning Chery Tiggo 2 Pro a dream come true, says Carloha/ILOTBET winner

 

Mr. Samuel Nneke, a football fan and enthusiastic participant in a recent Carloha/ILOTBET predict and win promo, has received a brand new Chery Tiggo 2 Pro, a car known for its modern design, advanced technology, and exceptional performance.
He was presented with the car as the winner of the grand prize in the predict and win competition.
The prize-giving event held on Thursday at the Carloha Nigeria showroom in Lagos, was a celebration of sportsmanship, innovation, and the collaboration between Chery Nigeria and ILOTBET.
Nneke, obviously elated, expressed his gratitude to both Carloha Nigeria and ILOTBET for the precious car gift and the unforgettable experience.
He said, “Winning the Chery Tiggo 2 Pro is a dream come true, and I am incredibly thankful to Chery and ILOTBET for this amazing opportunity.”
Carloha Nigeria, esteemed importer and franchise holder of Chery vehicles in Nigeria, and ILOTBET, a leading sports betting platform, had partnered in the predict and win promo during the recently concluded EURO 2024 Championship.
Apart from the overall winner, a number of other participants also received fabulous consolation prizes at the ceremony.
Speaking at the event, the Sales and Marketing Director of Carloha Nigeria, Joseph Omokhapue, expressed his delight at the successful partnership with ILOTBET and the enthusiastic response from participants.
“We are thrilled to see the excitement this promo has generated among football fans in Nigeria.
“The Chery Tiggo 2 Pro symbolises our commitment to quality and innovation, and we are proud to partner with ILOTBET on the promo.”
Senior Manager of ILOTBET, Mr. Stephen Ogundipe, highlighted the importance of rewarding loyal customers and fostering a sense of community.
He said, “During the tournament, we offered free predictions, which saw many of our users sharing a prize pool for their correct predictions. “Additionally, our betting rebate incentive led to the winning of Tiggo 2 Pro, proudly sponsored by Chery. I want to say a big congratulations to the winner.”.
After the handover of the keys to Nneke, there was a test drive of the Chery Tiggo 2 Pro.
Also all guests were treated to refreshments and entertainment to make it a memorable occasion.
Carloha described noted, “The event exemplifies the spirit of sportsmanship and the excitement of football, bringing our community closer together, and both Chery and ILOTBET are looking up to fruitful collaborations in the future.”

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