FG Urges Japan Agency On Recycling Used Vehicles

The Federal Government of Nigeria has called on the Japanese Government to help in recycling huge scrapped vehicles that are found litres the country's landscape.
Speaking at a technical meeting between officials of the Federal Ministry of Industry, Trade and Investment and Japan International Cooperation Agency (JICA) on the Development of Automobile Supplier Parks in Nigeria, the Permanent Secretary, Industry, Trade and Investment Ministry, Ambassador Abdulkadir Musa, said the ratio of new and used cars in Nigeria is between 5: 95 per cent in favour of used cars.

The Federal Government of Nigeria has called on the Japanese Government to help in recycling huge scrapped vehicles that are found litres the country's landscape.
Speaking at a technical meeting between officials of the Federal Ministry of Industry, Trade and Investment and Japan International Cooperation Agency (JICA) on the Development of Automobile Supplier Parks in Nigeria, the Permanent Secretary, Industry, Trade and Investment Ministry, Ambassador Abdulkadir Musa, said the ratio of new and used cars in Nigeria is between 5: 95 per cent in favour of used cars.
The permanent secretary said, so because used cars are affordable to the average Nigerian which is why the government under its Transformation Agenda developed a holistic auto policy that emphasizes greater local content.
Abdulkadir said local content development has been part of the Nigeria Industrial Revolution Plan (NIRP), which is the next stage of the Auto policy the Ministry is focusing on in order to create employment and wealth as well as skill acquisitions for Nigerians in the auto sector.
He said that the intervention of government of Japan in the sector is welcome and fall within present administration's plan to develop auto industry sector in the country, adding
"For each new car in Nigeria we have 20 used cars. It is a big market to recycle vehicle in this country which may serve as avenue for employment and skills acquisition as well as opportunity for manufacturers to replace used cars with new one," he said.