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Nigeria has reaffirmed its commitment to developing a thriving and sustainable automotive industry, according to statements made at a recent stakeholders’ conference in Lagos. The conference, themed, “Strategy for the Current and Sustainable Future of the Auto Industry in Nigeria,” brought together key players from government, industry, and international organisations to chart a course for the sector’s future.
Senator John Owan Enoh, Minister of State for Industry, emphasised the Federal Government’s dedication to advancing the industry, highlighting its potential to drive job creation, technological innovation, and economic diversification. He pledged the government’s support through targeted policies, incentives, and investments to address existing challenges in local manufacturing, infrastructure development, and global competitiveness.
Organised by the National Automotive Design and Development Council (NADDC), the conference drew participation from prominent stakeholders, including the Federal Ministry of Finance, the National Automotive Manufacturers’ Association (NAMA), and the United Nations Industrial Development Organisation (UNIDO).
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Senator Enoh stressed the importance of collaborative partnerships between the government and industry, emphasising the need for sustainable practices to ensure long-term growth. Key priorities outlined during the conference included enhancing local production capabilities to reduce reliance on imports; improving access to finance for local manufacturers, enabling them to expand operations and invest in new technologies; fostering innovation and research and development within the sector to drive technological advancements; promoting eco-friendly initiatives and sustainable manufacturing practices to minimise environmental impact.
Stakeholders at the conference commended the government’s proactive leadership and expressed their commitment to collaborating on actionable strategies to achieve these goals. The event concluded with a shared determination to transform Nigeria’s automotive industry into a globally competitive sector, contributing significantly to the nation’s economy.
