FG Set To Commence Production Of Locally Made Vehicles In 2024

Doris Uzoka-Anite, the Minister of Industry, Trade and Investment, made it known that Nigeria is ready to begin local automobile manufacturing before the end of the year.

At the African Association of Automotive Manufacturers and the Nigerian Automotive Manufacturers Association’s meeting in Abuja, Uzoka-Anite disclosed that funds to grow the nation’s automotive industry have been made available to local manufacturers.

According to her, it was vital to source made-in-Nigeria vehicle materials locally.

She seized the occasion to inform all stakeholders, including manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem, to key into the Nigerian Automotive Development Policy, and start making the desired contribution to the nation’s economy.

The African Association of Automotive Manufacturers is an organization dedicated to the industrialization and development of the automotive sector across Africa.

It works with governments to shape policies, attract investors, and support the economic potential of the continent, by promoting sustainable and affordable mobility solutions.

The association primarily serves the automotive industry, including manufacturers, investors, and policymakers. It is based in Johannesburg, South Africa.