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    Home»Economy»Business»FG Charges Automobile Sector Stakeholders To Ensure Sustainable Growth, Devt
    Business

    FG Charges Automobile Sector Stakeholders To Ensure Sustainable Growth, Devt

    HumsiBy HumsiApril 20, 2024No Comments2 Mins Read
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    By Miriam Humbe

    In a significant move aimed at fostering sustainable growth and development in Nigeria’s automobile industry, the Federal Government has issued a clarion call to all stakeholders, collaboration among manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem.

    Director, Information and Public Relations in the FMITI, Adebayo Thomas, made this known in a statement signed on Friday.

    The call comes as part of a broader strategy to enhance the sector’s contribution to the nation’s economy.

    Speaking late evening of Thursday(18/04/24), at the Automotive Component Manufacturers meeting in Abuja, The Minister of Industry, Trade and Investment, Dr. Doris Uzoka-Anite CFA said the automobile industry faces both challenges and opportunities.

    While she encouraged stakeholders to key into the Nigerian Automotive Development Policy, the minister also affirmed that the country has the capacity and raw materials to manufacture cars for Nigerians and export them to other countries.

    Addressing the Automotive Component Manufacturers, Dr Anite said: “As far as we are concerned, the auto industry is now set to go.

    “We are counting on all stakeholders to make that happen.

    “If we do not produce Made In Nigeria cars before the end of this year, it will be your fault, because I am sitting down here giving you all the assurances that this administration has created the enabling environment to make sure that the auto policy kicks off.”

    In his introductory comments, Amb. Nura Abba Rimi, Permanent Secretary of the Ministry, emphasised the significance of team action and shared vision as outlined in the Nigerian Automotive Development Policy.

    He also urged stakeholders that the country “will overcome obstacles and unleash the full potential of Nigeria’s automotive component sector.”

    He encouraged NADDC and other stakeholders to use the chance to form alliances, explore new areas of collaboration, and devise ways to catapult the automotive components manufacturing industry to new heights of success.

    The government’s charge underscores the pivotal role stakeholders play in shaping its trajectory.

    Their commitment to sustainable practices will drive Nigeria’s automotive sector toward a brighter and more prosperous future.

    Amb Amb. Abba Rimi Automotive Component Manufacturers Dr. Doris Uzoka-Anite FMITI NADDC Nigerian Automotive Development Policy Nura ABBA Rimi
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