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automotive

Nigeria’s Automotive Industry: A key engine of economic growth

automotive industry

BY TEMITOPE ADEBAYO Nigeria’s automotive industry has evolved over the past century from colonial-era luxury to a vital economic driver. With over 14 million registered vehicles, the sector supports mobility, commerce, and logistics across the country, while also reflecting infrastructure gaps and opportunities for sustainable growth. From Colonial Cars to Indigenous Assembly The introduction of […]

N7.5 billion ‘secret withdrawal’: We don’t have any document, Ministry of Finance tells Senate

Senate

Tunde Opalana, Abuja Upon resumption of the probe of an alleged secret withdraw of a sum of N7.5 billion from the account of the National Automotive Council Design and Development Council (NADDC) Levy Account domiciled with Central Bank of Nigeria (CBN), a senior official of the Federal Ministry of Finance said it was not in […]

We are re-positioning the automotive sector for a better environment – NADDC Boss

The Director General of the National Automotive Design and Development Council (NADDC) Jelani Aliyu has said the Council is repositioning the automotive sector with the introduction of the automotive bill which is waiting for presidential assent. Aliyu made this known during a national workshop on reducing low Sulphur fuels and global fuel economy initiative in […]