UNILAG-Nord auto plant partnership excites FG, Mamora offers support – Newstrends
Connect with us

Auto

UNILAG-Nord auto plant partnership excites FG, Mamora offers support

Published

on

Minister of Science, Technology and Innovation, Senator Olorunnimbe Mamora, has expressed excitement over the establishment of an auto assembly plant that can also produce drones in the University of Lagos by Nord Automobile Limited, an indigenous auto firm.

He commended the partnership between the university and Nord during the inauguration of the multi-purpose automobile complex in Lagos on Thursday, describing the initiative as “a demonstration of abundant innovative energy of the youths of this country”.

Mamora said the project was in line with the motive behind President Muhammadu Buhari’s recently signed Executive Order 5, “which essentially has to do with indigenous components across all sectors of the economy. That is what we are putting into practice. And this project is part of that.”

Speaking on the drone technology, the minister said, “This is relevant in many areas even in delivery of drugs and in the area of security. It can be used to gather information that will be needed to move forward.”

He promised the support of the ministry to ensure the sustainability of the venture, stressing that such partnership was needed for the economic growth of the country.

Lagos State Governor Babajide Sanwo-Olu, represented by Lola Akande, Commissioner for Commerce, Industry and Cooperatives, said the automobile complex provided “a hallmark of hope” for progress.

He said, “The opportunity you have provided our youths and the general citizenry by setting up this assembly plant here in Lagos is greatly appreciated by us. This is in line with the goal of our administration of providing conducive business environment for the good people of the state to operate.

Outgoing Vice-Chancellor of UNILAG, Prof Oluwatoyin Ogundipe, said the university decided to sign a Memoradum of Understanding with the Nord team having found out the immense benefits of the project to the school.

He said, “We entered into an MoU with Nord so that our students can get their training through this platform; the academic staff too can get their exposure through this platform. It is not only the staff in the Faculty of Engineering that will benefit from this, even those in the departments of architecture, finance, marketing and every other department that has relevance to this project.”

Ogundipe said with the inauguration of the automobile complex, the university would now start assembling cars, buses and other vehicles, depending on the demand.

He also said microfinance banks would collaborate with the team so that any member of staff needing a new car could now approach the MFB, have an agreement with them and could be paying the money in instalment.

He also said, “We are going to be manufacturing drones in this same place. They already have an agreement with the Nigerian Air Force. And I want us to know that our students will learn something new in this area of drones and other things that will come from this particular arrangement.

“I’m convinced that very soon this venture will be recognised all over the world. This will be the first time that a Nigerian university in Africa will be having an automobile-making company in such a way that it will train our students, expose our staff to practical skills and also make our staff to get new cars at affordable prices.”

Chief Executive of Nord, Oluwatobi Ajayi, said the new automobile complex, which he called ‘the end-to-end of automobile business, comprised the Research & Development centre, the manufacturing and assembling point, the showroom, and the after-sale centre.

He said, “Some of the things we intend to achieve here include to research and develop world-class auto technology. Research and development are the bedrock of advancement in technology. We need to take it seriously. This is better achieved in the university. And what better university can we have than UNILAG, right in the middle of town with brilliant students and lecturers and facilitators around here working with our team. This must be a marriage made in heaven.”

Ajayi explained that as a country with a large population and high gross domestic product, “we cannot continue to import what we use,” including vehicles.

The Nord CEO said, “We need to have a nationalistic view about things by being industrialised. Europe, United States and China have become powerful today because of their industrial powers. And the auto industry is the mother of all industries. It is the industry other industries thrive on.”

He thanked the UNILAG team for give his company the opportunity to make the project a reality, adding that Nord offers lovely pick-ups, SUVs and cars at 60% price of the popular brands.

Auto

Excitement as Chery celebrates innovations through roadshow at The Palms 

Published

on

Excitement as Chery celebrates innovations through roadshow at The Palms 

Excitement is in the air for all new car fans as the much-anticipated Lagos Chery Road Show holds tomorrow (Friday) April 26, 2014.

Carloha, a renowned automobile dealer of Chery vehicles in Nigeria, announced this in a statement, saying it will be an unparalleled automotive all the way from the auto firm to The Palms, the venue of the main event.

It also the event would offer an unforgettable journey of celebrating innovation, style, and the thrill of the open road.

Part of the statement read, “The Chery Road Show promises to be an electrifying extravaganza, offering attendees a thrilling journey through the heart of Lagos, celebrating innovation, style, and the spirit of adventure.

“Kicking off from the Carloha Showroom in Alapere, Lagos, the procession will wind its way through Anthony Village, Maryland, and the vibrant Sheraton Hotel axis, before making its grand entrance into the bustling streets of Opebi-Allen, and divert to Ikoyi, Victoria Island.

“The convoy will culminate at the The Palms, where the main event will take place.”

Giving highlights of roadshow, it says, “The sip and paint session promises to be a delightful fusion of creativity and relaxation.

“Set against the dynamic backdrop of Carloha Parking Lot at the Palms, participants will unleash their inner artists while watching with keen expectation on the artiste while creating masterpieces that capture the essence of the Chery brand.”

The firm also promised to provide the latest offerings from Chery with interactive displays showcasing the brand’s cutting-edge technology, superior craftsmanship, and commitment to excellence.

The Chery impressive lineup of vehicles at the venue, it added, would show why the brand had continued to redefine the automotive landscape.

“Immerse yourself in the festive atmosphere as you mingle with fellow enthusiasts and soak in the excitement of this one-of-a-kind event.

“Take advantage of exclusive offers and promotions available only at the Chery Road Show.

“Whether you’re in the market for a new vehicle or simply seeking to elevate your driving experience, don’t miss this opportunity to explore unbeatable deals and incentives,” it stated.

The statement reminded that Carloha Nigeria offers six-year free service, and six-years warranty or 200,000 kilometres, whichever comes first.

It also stated that the admission to the Chery Road Show was made free to give a lot of people the rare opportunity to experience the ultimate automotive extravaganza.

Continue Reading

Auto

African automakers, minister, NADDC DG for June 27 Nigeria industry summit

Published

on

African automakers, minister, NADDC DG for June 27 Nigeria industry summit

A delegation of the African Association of Automotive Manufacturers (AAAM) from South Africa is expected in Nigeria on June 27 this year to attend the maiden edition of the Nigeria Auto Industry Summit (NAISU).

The team will be joined by the Nigeria Association of Automotive Manufacturers (NAMA) team and other leading stakeholders to brainstorm on the sector’s development in the country and by extension Africa.

The organisers of the event, Nigeria Auto Journalists Association (NAJA), disclosed this in a statement, adding that it would be organised in partnership with the National Automotive Design and Development Council (NADDC).

Scheduled to hold at Radisson Hotel, Ikeja, Lagos, on Thursday, June 27th, 2024, the summit is envisioned as an annual flagship event of the country’s automotive industry to rally all stakeholders together to explore the great potential in the automotive sector for national development.

It said the maiden edition of the event would be declared open by the Minister of Industries, Trade and investment, Dr Doris Uzoka-Anite, under the theme ‘Reviving Nigeria’s Economy through the Automotive Sector’ .

It would have the NADDC Director General, Mr. Joseph Osannipin, as the chief host, it stated.

Commenting on the importance of the summit for the development of the country’s automotive sector, Chairman, organizing committee of NAISU, Femi Owoeye, said, “Initiating this summit is vital, especially at this moment in history, when Nigeria is struggling to map its way out of the prevailing global economic despair.

“Being one of the drivers of the global economy, the automobile industry, if given the necessary impetus in Nigeria, is capable of transforming the country to an automotive manufacturing hub in Africa.

“To this end, Nigeria Auto Industry Summit shall annually produce significant information that would help the government to make it happen.”

On his part, Chairman of NAJA, Mike Ochonma, said, “Significantly, the summit shall bridge the information and communication gap between the nation’s auto industry stakeholders and relevant government agencies.

“Moreover, annually, the summit shall give a single and united voice for the auto industry leaders to set developmental agenda aimed at kick-starting and driving relevant government policies towards a sustainable development of the automotive industry in Nigeria and ultimately position the country as a frontline beneficiary of the African Free Trade Agreement Area.”

Continue Reading

Auto

FG to roll out 200 CNG buses, 2,500 tricycles next month

Published

on

FG to roll out 200 CNG buses, 2,500 tricycles next month

  • Targets one million automobiles 

The Federal Government says it will unveil its first set of Compressed Natural Gas (CNG) vehicles and tricycles for mass transit next month (May 2024), as part of activities to mark President Bola Tinubu’s one year in office.

Special Adviser to the President on Information and Strategy, Bayo Onanuga, in a statement on Sunday said 200 buses and 2,500 tricycles powered by CNG would be unveiled.

He said the buses and tricycles would be rolled out with a set target of one million CNG-powered automobiles by 2027.

He said the committee led by Michael Oluwagbemi was set to deliver cheaper, safer and more climate-friendly energy vehicles.

Onanuga said the committee had fulfilled some foundational reforms to enable the new CNG and electric vehicles to deliver the future Tinubu promised.

He added that all was ready for delivery of the first set of critical assets for deployment and launch of the vehicles ahead of the first anniversary of the Tinubu administration on May 29.

Onanuga also said, “In collaboration with the private sector, the PCNGI is set to deliver 100 conversion workshops and 60 refuelling sites spread across 18 states before the end of this year.”

The Federal Government provided N100 billion, as part of the N500 billion palliative budget, to purchase 5,500 CNG vehicles, being part of the many intervention programmes to cushion the effect of increase in petrol pump price on the masses.

This included buses and tricycles, 100 electric buses and over 20,000 CNG conversion kits, with the development of CNG refilling stations and electric charging stations.

Onanuga said with necessary tax and duty waivers approved by Tinubu in December 2023, the private sector partners in the Presidential CNG Initiative (PCNGI) had responded with over $50 million investments in refuelling stations and conversion centres

He stated, “Also, a safety policy document on 80 standards and regulations that must be strictly adhered to by operators has been developed and approved to ensure CNG conversions are done safely and reliably.

“The deployment of CNG buses and tricycles and the vision to get at least one million natural gas propelled vehicles on our roads by 2027 will mark a major energy transition in our country’s transportation industry.

Onanuga also said, “Four plants owned by JET, Mikano, Mojo, and Brilliant EV located in various parts of the country are involved in the assembly of the Semi Knocked Down (SKD) components of the CNG buses.

“JET, which has received the SKD parts, is coupling the buses in Lagos and is working towards delivering 200 units before the first anniversary of the Tinubu administration.

“Brilliant EV will assemble electric vehicles. It is awaiting the SKD parts, which will arrive in due course. The electric vehicles it will produce are meant for states, such as Kano and Borno, which do not have access to CNG for now.

“They will also be available in key Nigerian cities and university campuses.

“It must be noted that soon to be completed gas pipeline projects initiated by the Buhari administration and being completed by NNPCL (the AKK Pipeline) will take gas into the hinterlands of North-East and North-West where there is current paucity.”

He said over 600 buses were targeted for production in the first phase this year while a new plant on the Lagos-Ibadan Expressway would assemble thousands of tricycles.

“The SKD parts manufactured by the Chinese company LUOJIA in partnership with its local partner to support the consortium of local suppliers of CNG tricycles are set for shipment to Nigeria and expected to arrive early in May. About 2,500 of the tricycles will be ready before May 29, 2024.

“Thousands of conversion kits for petrol powered buses and taxis that want to migrate to CNG are also ready with CNG cylinders.

“The Federal government intends to provide them at subsidised rates, especially to commercial vehicle drivers to bring down the cost of public transportation.”

As part of private sector collaboration, NIPCO and BOVAS are involved in offering refilling services for the CNG vehicles and also serving as conversion centres.

NIPCO is setting up 32 stations nationwide to offer the services. The company has completed the set-up of four of the CNG stations.

“Likewise, BOVAS is setting up eight stations in Ibadan, two each in Ekiti, Abuja and four in Ilorin.

“MRS is also involved. It is making efforts to announce where its refilling stations and conversion centres will be,” Onanuga added.

He also said NNPC Limited, which had launched an on-and-off CNG initiative in the past, was joining the new initiative and expected to announce the locations for CNG refilling and CNG conversion centres nationwide.

The statement said PCNGI was working with 22 other agency-partners, including the Standards Organisation of Nigeria (SON) and National Automotive Design and Development Council, to deliver 80 Natural Gas Vehicle Conversion and Associated Appliances Standards for the country.

He added that the vision of the President to deliver one million gas vehicles could not be possible without the private sector, including the RTEAN, NURTW and players in the downstream sector of the transportation chain and financiers.

Continue Reading

Trending

Skip to content