warned that the implementation of the automotive policy introduced by the
Jonathan administration in 2013 has the potential of wrecking the operation of
roll-on-roll-off (RORO) terminals in the country.
Mr. Ignatius Nweke gave this warning in Lagos on Tuesday at a Town Hall Meeting
organised by Ships & Ports Communication Company to discuss implementation
of the contentious policy.
Automotive Council) because when you have a policy that is coming in and there
are other policies that have been in existence, one needs to tread with
gradually launch ourselves into the programme taking into consideration that
some years back we went into port concessioning and some concessions were given
to some ports in the area of the cargo that will come into such port and if you
go up and say okay, fine, there are certain things in terms of importation and
duties that will stop such cargoes coming in, the return on investment will be
affected; the economy equally will be affected.
equally advises, that we go into wide consultation with stakeholders. Consult
as much as possible with the stakeholders, freight forwarders, NARTO (National
Association of Road Transport Owners) and all that are required to make this
policy a success,” Nweke said.
cautioned against hasty implementation of the policy.
on areas where it has comparative advantage like the manufacture of tyres.
Federal Government should allow auto assembly plants roll out Made-in-Nigeria
vehicles first before applying high duty rates and levies on imported vehicles.
terminals in Lagos have practically been grounded with the terminals handling
less than 30% of their installed capacities.
attributed to the hike in tariff as a result of the auto policy which has
caused Nigeria to lose more than 60% of its import vehicle volume to the port