Minister of Industry, Trade and Investment, Doris Uzoka-Anite has stated that Nigeria had the capacity and raw materials to manufacture Cars for Nigerians and export them to other countries.
Speaking at the Automotive Component Manufacturers meeting in Abuja, the Minister said the automobile industry was full of opportunities, and encouraged stakeholders to key into the Nigerian Automotive Development Policy.
The minister also affirmed that the country has the capacity and raw materials to manufacture cars for Nigerians and export them to other countries.
Uzoka-Anite said, “as far as we are concerned, the auto industry is now set to go. We are counting on all stakeholders to make that happen. If we do not produce made in Nigeria cars before the end of this year, it will be your fault, because I am sitting down here giving you all the assurances that this administration has created the enabling environment to make sure that the auto policy kicks off.”
She emphasized the need for collaboration among manufacturers, dealers, regulatory bodies, and other players in the automobile ecosystem.
According to her, By working together, challenges can be addressed and processes streamlined to drive innovation.
The Minister urged stakeholders to maintain high-quality standards across the board, This includes vehicle manufacturing, safety features, emissions control, and after-sales services, adding that stringent adherence to quality would boost consumer confidence and attract investment, research and Development.
She also assured that government will continue to encourage increased investment in Research and Development (R&D), stressing that, innovations in electric vehicles, fuel efficiency, and alternative energy sources were critical to long-term sustainability.
She also emphasised the importance of promoting local content through sourcing materials and components locally, which according to her would assist the sector creating jobs, reducing import dependency, and contributing to economic diversification.
The Minister also reminded stakeholders of their environmental responsibilities, which involves sustainable practices, recycling, and eco-friendly manufacturing processes that are essential for a greener future.
Earlier, Permanent Secretary of the Ministry, Nura Abba Rimi, emphasised the significance of team action and shared vision as outlined in the Nigerian Automotive Development Policy.
He also urged stakeholders that the country will overcome obstacles and unleash the full potential of Nigeria’s automotive component sector.
He encouraged the stakeholders to use the chance to form alliances, explore new areas of collaboration, and devise ways to catapult the automotive components manufacturing industry to new heights of success.
The government’s charge underscores the pivotal role stakeholders play in shaping its trajectory. Their commitment to sustainable practices will drive Nigeria’s automotive sector toward a brighter and more prosperous future.