Nigeria Can Manufacture 25,000 Vehicles In 2015, NAC Maintains
Despite calls by Nigerian importers for the coming government of Muhammadu Buhari to review the National Automotive Policy, the National Automotive Council (NAC) has maintained its earlier position that automobile manufacturers in Nigeria can still produce 25,000 vehicles by the end of this year.
The director-general of NAC, Aminu Jalal said that manufacturers plan to produce 25,000 made- in-Nigeria vehicles by the end of 2015 and they will be given the concession to import two vehicles for every one produced to fill the gap that is likely to be created by the policy in the short term.
“We have over 15 companies that are ready to commence the production of made-in-Nigeria cars.”
We are also collaborating with the Standard Organisation of Nigeria (SON) on technical and quality audit that will ensure that what is produced in Nigeria is comparable to global best standards,” Jalal said.
“At the high end, we have designed a syllabus with the National Universities Commission for the study of automotive engineering in our universities which has been available to 15 universities in Nigeria with three of them already available for study,” he added.
The DG also said that NAC has advanced a total of 11 billion to about 36 local content companies that are expected to feed the major auto centres. The local content funded includes chemicals, batteries, rubber plantation, brake pads, tire re-threading among others.
According to him, Nigeria expended $4 billion in 2010 and $3.45 billion in 2012 for the importation of cars. The importation of spare parts and tyres are the largest users of our foreign exchange while another one billion dollars is expended for five million locally consumed tyres in Nigeria.
The federal government launched the National Automotive Policy in October 2013 to ensure the survival, growth and development of the Nigerian automotive industry using local human and material resources.
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