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Nigeria to manufacture vehicles locally – Minister

There are plans to make Nigeria a major player in the automotive manufacturing industry, according to the Minister of Industry, Trade and Investment, Doris Uzoka-Anite. This disclosure was made by the minister recently while launching the Nigeria Automotive Industry Development Plan at a gathering that was attended by stakeholders drawn from the private and public […]

Xiaomi to launch first SUV in 2025
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Xiaomi unveils electric car, plans to rival Tesla

Chinese smartphone manufacturer Xiaomi declared that it wanted to rank among the top five automakers in the world after unveiling its first electric car on Thursday. The much-awaited sedan, known as the SU7, is predicted to maximize the benefits of using the same operating system as the company’s well-liked phones. Building “a dream car comparable […]

Operators lament influx of fraudulent automobile parts
Business

Operators lament influx of fraudulent automobile parts

Experts in the field have emphasized the significance of addressing the present influx of subpar spare parts in the Nigerian automotive industry. The Punch reported that experts claimed that fake parts undermine consumer confidence in the reliability of automotive equipment as well as vehicle safety. According to the Standards Organisation of Nigeria, 95% of the imported car […]

FG okays new national automotive industry development plan
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FG okays new national automotive industry development plan

The Nigerian government has announced the adoption of a new National Automotive Industry Development Plan for the next ten years as well as the adoption of the Nigeria Investment Policy. According to Nairametrics, the Nigeria Investment Policy Plan is the first-ever investment policy plan authorized by the FG The Trade Minister, Otunba Adeniyi Adebayo, revealed this in […]

Nigeria, Turkey partner to promote automotive industry
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Nigeria, Turkey partner to promote automotive industry

The Nigerian government has collaborated with an automotive manufacturing entity located in Turkey to advance the country’s automobile sector. According to the News Agency of Nigeria, this was disclosed by the Director-General of the National Automotive Design and Development Council, Jelani Aliyu, in an interview with newsmen. Aliyu noted that the agreement was reached when he […]

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