L
LequteMan
Guest
According to the Director-General of the National Automotive Council (NAC), Mr Aminu Jalal, Nigeria's automobile industry had the potential to generate over 200,000 jobs.
“The auto industry is very huge and a car has over 2,000 components and each of these components is an industry,’’ he said on Tuesday.
He said the areas of job opportunities included mechanics, insurance, financing and logistics.
Jalal said the new automotive policy of the Federal Government was investor-friendly and that 23 car assembly plants had shown interest to invest in the country including Piaggio Innoson Vehicles Manufacturing Company and National Trucks Manufacturers at Kano State.
Jalal said that to ensure that the auto industry was developed, the Federal Government had given incentives to the tyre manufacturers to encourage them to invest in the economy.
He said that tyre manufacturers like Michelin and Dunlop had shown interest to return to country.
He listed the incentives to include free-duty on their equipment and incentive to import 20 per cent of tyres into the country.
Jalal said that Nigeria was currently spending more than one trillion naira on the importation of vehicles and their spare parts.
He said substantial part of this figure would be saved if the nation’s automotive industry was fully functional.
He said that this year, NAC would commit itself to local content development and assist local entrepreneurs in accessing financial assistance to boost their operations.
#Nigeria #NAC
“The auto industry is very huge and a car has over 2,000 components and each of these components is an industry,’’ he said on Tuesday.
He said the areas of job opportunities included mechanics, insurance, financing and logistics.
Jalal said the new automotive policy of the Federal Government was investor-friendly and that 23 car assembly plants had shown interest to invest in the country including Piaggio Innoson Vehicles Manufacturing Company and National Trucks Manufacturers at Kano State.
Jalal said that to ensure that the auto industry was developed, the Federal Government had given incentives to the tyre manufacturers to encourage them to invest in the economy.
He said that tyre manufacturers like Michelin and Dunlop had shown interest to return to country.
He listed the incentives to include free-duty on their equipment and incentive to import 20 per cent of tyres into the country.
Jalal said that Nigeria was currently spending more than one trillion naira on the importation of vehicles and their spare parts.
He said substantial part of this figure would be saved if the nation’s automotive industry was fully functional.
He said that this year, NAC would commit itself to local content development and assist local entrepreneurs in accessing financial assistance to boost their operations.
#Nigeria #NAC