Tag: NADDC

News

Nigerians spend $1bn annually to import vehicles – NADDC

The National Automotive Design and Development Council has ramped up efforts to reduce Nigeria’s reliance on imported vehicle components, which costs the country over $1 billion annually. NADDC Director-General, Joseph Osanipin made this disclosure on Monday, during the Midas NFX Software Automotive Design Skills Boot Camp in Abuja. Osanipin lamented Nigeria’s annual expenditure of over […]

News

NADDC seeks partnership with banks to bridge $1trn funding gap

The Director-General of the National Automotive Design and Development Council, Joseph Osanipin has said that discussions with development banks and other partners are ongoing to bridge the car industry’s anticipated $1 trillion funding need. This was disclosed by Osanipin during his address to press men in Abuja, according to Businessday. He underlined the importance of […]

How VIN affected vehicle importation - Customs
Transportation

NEC backs NADDC on mass production of electric vehicles

The National Economic Council has backed the move by the National Automotive Design and Development Council, to begin mass production of Electric Vehicles and Compressed Natural Gas-powered vehicles in the country.   Addressing the inaugural NEC meeting presided over by the Vice President, Kashim Shettima, on Thursday in Abuja, the NADDC Director-General, Jelani Aliyu, said […]