shippingposition
  • Home
  • News
  • Editorial
    • Vox Pop
  • Maritime safety
  • Oil and Gas
  • Personality
  • Health
No Result
View All Result
shippingposition

Home » Stakeholders Express Mixed Reactions On Commencement of Vehicles Assembly In Nigeria

Stakeholders Express Mixed Reactions On Commencement of Vehicles Assembly In Nigeria

by Joshua
April 6, 2014
in Uncategorized

Even as the Federal Government is aggressive in its quest to galvanise vehicle assembly in  Nigeria, to reduce or stop the importation of both used and new vehicles into the country, stakeholders have expressed anxiety as to  the success or otherwise of the policy.
The last story on the policy was the disbursement of funds to some local automobile firms across the country in order to commence the manufacturing or assembly of vehicles in the country.

Even as the Federal Government is aggressive in its quest to galvanise vehicle assembly in  Nigeria, to reduce or stop the importation of both used and new vehicles into the country, stakeholders have expressed anxiety as to  the success or otherwise of the policy.
The last story on the policy was the disbursement of funds to some local automobile firms across the country in order to commence the manufacturing or assembly of vehicles in the country.
The National Automobile Council (NAC) through its Director General Aminu Jalal said in Abuja, last week that the agency has disbursed a whooping N11 billion to 33 local vehicle companies to boost the production of affordable made-in-Nigeria brands.
Primarily, according to him, only three companies are involved in the core assembly of vehicle while others are to boost local content in the country.
Auto Port Weekly however sampled opinions of industry players about the April 2014 production of a made-Nigeria car.
While stakeholders who deal in vehicle import expressed doubt about vehicle manufacturing in Nigeria, other automobile traders who spoke to our correspondent last week expressed positive feelings about government’s drive to start manufacturing of vehicles in Nigeria.
Director, Sunrise Motor Dealers Association, Pastor Uzor Andrew expressed optimism that the government policy to encourage local manufacturing of vehicles in Nigeria is long overdue.
Uzor lauded President Goodluck Jonathan’s initiative to revive the moribund automobile sector, saying that the automobile sector was almost dead  before the administration of the incumbent President intervened.
The automobile dealer said that money spent on importation of vehicles is enough for the government to put structures in place for local assemblage, adding that in no distance time the country will commence the exportation of vehicles to other country of the world, if well enhanced.
He also urged other operators in the business to support the Federal Government’s quest to commence local production of vehicles in the country noting that sabotage on the part of the Nigerians, will only set the country and the economy backwards.
According to him, the country is big enough to own assembly plants across the six geo political zones.
Also an Ikeja based dealer, Stephen Uzonuoma reiterated that the government should encourage agricultural sector in the production of rubber parts of vehicles.
He said the agriculture and automobile sectors will have to synergise to boost the project of vehicles manufacturing in the country urging government to think towards toward enhancing the agro and allied sector.
The automobile dealer decried the fact that despite the assurance of bringing out a made-in- Nigeria car in April, there are indications of high level of importation of some the  component materials or parts.
He also noted that government policy to encourage local production will enable local manufacturers like Innoson Vehicle Manufacturing (IVM) flourish, adding that it is the only vehicle brand that is known to be proudly Nigeria.
But, reacting negatively, the Managing Director ATLAS Automobile Limited, Godwin Ugbah expressed doubt about the project saying, it’s all media hype.
He reiterated that the country is not ripe to produce, manufacture or assemble vehicles completely without the importation of some materials.
The importer added that the importation of some parts to complement vehicles assemblage will not make any significance sufficient to call Nigeria a car manufacturing nation, because of the importation tendency that has been attached.
According to him, countries that are known for vehicle manufacturing import less, but in Nigeria 85% of products that will complement the production of vehicles will be imported.
He also appealed to the federal government to continue with the 35% duty on imported vehicles and then study the steady progression of indigenous manufacturing before reaching out to foreign investors.
However, when asked about one of the advantages of the April  roll-out date Ugbah affirmed ‘’that one of the advantages of the policy of encouraging vehicle manufacturing in the country, is the fact that there will be massive employment for the Nigerian youths, if the government is serious and aggressive about it’’.
Ugbah deeply suggested that Nigerians should promote and create more awareness for IVM ahead of other brands that will commence production in the country, urging first time buyers of vehicles to consider the indigenous manufacturer before laying emphasis on brands manufactured by foreign investors.
 


Related Posts

IMO Warns Piracy Surge Leaves More Than 90 Seafarers Captive

IMO Warns Piracy Surge Leaves More Than 90 Seafarers Captive

August 31, 2026

Tinubu Hails Nigerian Firm’s AfCFTA Customs Project Deal

August 11, 2026

Onion Dispute: Nigerian Traders Halt Exports To Ghana, Seek ECOWAS Intervention

August 11, 2026
Customs Dismantles N3.24bn Smuggling Ring, Recovers N729m Revenue

Customs Dismantles N3.24bn Smuggling Ring, Recovers N729m Revenue

August 10, 2026

Discussion about this post

Latest News

AREFFN Seeks Stronger Customs Collaboration, Common Front Among Freight Forwarders

AREFFN Seeks Stronger Customs Collaboration, Common Front Among Freight Forwarders

September 16, 2026

Traffic: LASG To Intensify Enforcement Along Apapa, Lekki Port Corridors

Maritime Development: Cabotage Implementation Remains Priority, Says NIMASA DG

NAGAFF Founder Donates N2m to Apapa Election Contestants, Warns Against Litigation

NPERA to Reshape NPA’s Role in Port Charges — Hadiza Usman

Customs Spends N70bn On CSR Projects – Comptroller-General

NPCC, Stakeholders Set For Trade Facilitation, Nation’s Ports Competitiveness Discourse

NIS CG Tasks Graduating Officers On Border Security

African Traditional Medicine Key To Universal Health Coverage – WHO

Doctors Warn Against Excessive Herbal Products Intake

Some Foods That Can Affect Your Kidney In Your 60s And Above

VOX POP

kindly like our Facebook page

Health

Some Foods That Can Affect Your Kidney In Your 60s And Above
Health

Some Foods That Can Affect Your Kidney In Your 60s And Above

September 14, 2026

The kidney is one of the most vital organs in the body as it plays an important role in filtering...

Expert ‌‍‍‍⁠⁠‌‍‌‌‍⁠⁠‌‌Warns Of Sharp Rise In Diabetes Among Young Nigerians

Expert ‌‍‍‍⁠⁠‌‍‌‌‍⁠⁠‌‌Warns Of Sharp Rise In Diabetes Among Young Nigerians

September 7, 2026
Eat Ginger Every Day and Watch Your Health Bounce Back To Life

Eat Ginger Every Day and Watch Your Health Bounce Back To Life

September 7, 2026
Experts, Survivor Harp On Early Detection To Enhance Cancer Treatment

Experts, Survivor Harp On Early Detection To Enhance Cancer Treatment

August 31, 2026
WHO Says 4 In 10 Cancer Cases Preventable

WHO Says 4 In 10 Cancer Cases Preventable

August 31, 2026
SPECIAL EDITION ON CANCER AWARENESS:  Oncologist Urges Early Alarm, Detection

SPECIAL EDITION ON CANCER AWARENESS: Oncologist Urges Early Alarm, Detection

August 31, 2026
Worms And Your Health

Worms And Your Health

August 17, 2026
The Good Old Bitter Leaf

The Good Old Bitter Leaf

August 17, 2026
Your Stool Determines The State Of Your Health

Your Stool Determines The State Of Your Health

August 10, 2026
Some Health Benefits of Bitter Kola: Africa’s Natural Gift to Health and Wellness

Some Health Benefits of Bitter Kola: Africa’s Natural Gift to Health and Wellness

August 10, 2026

© 2021 Shippingposition

Navigate Site

  • Home
  • About Us
  • Contact us
  • Privacy Policy
  • Editorial Policy
  • Sitemap
  • Terms

Follow Us

No Result
View All Result
  • News
  • Coast To Coast
  • Oil and Gas
  • Maritime Education
  • The Terminals
  • Maritime safety

© 2021 Shippingposition