Federal Govt Targets 70% Local Vehicle Production, Up From Under 8%

Federal Govt Targets 70% Local Vehicle Production, Up From Under 8%

The federal government plans to raise the share of Nigeria’s vehicle demand met by local assemblers from less than 8 per cent to 70 per cent, in a push to boost domestic manufacturing, create jobs and cut reliance on imported vehicles and parts. The director-general of the National Automotive Design and Development Council (NADDC), Joseph […]

Nigeria First Policy Cuts Locally Assembled Vehicle Price from N72m to N35m

The Federal Government says Nigeria First Policy has reduced the price of locally assembled vehicles from N72 million to N35 million while....

NADDC Targets Three Million Vehicles Annually Under Policy

Nigeria is targeting annual vehicle procurement of three million units, with local assemblers expected to produce about 80 per cent under the Nigerian Government’s Nigeria First Policy. The Director-General of the National Automotive Design and Development Council (NADDC), Joseph Osanipin, disclosed this at a press conference on the policy’s implementation and its implications for the […]

Nigeria First Policy Reduces Cost Of Locally Assembled Vehicle To N35m

Nigeria first policy reduces cost of locally assembled vehicle to N35m By Lucy Ogalue The Federal Government says the Nigeria First Policy has cut the price of a locally assembled vehicle from about N72 million… News Agency of Nigeria