|Engr. Aminu Jalal, DG of NADDC|
National Automotive Design and Development Council (NADDC), on Tuesday said 14
assembly plants, which existed before the automotive policy, had been revived.
meeting of the Committee on Implementation of the Nigerian Auto Policy.
the automobile assembly plants had been achieved.
the automobile business were also doing well, adding that the council had
suspended the issuance of new assembly plant licences.
bank to run a vehicle financing scheme to enable Nigerians buy made-in-Nigeria
vehicles with ease.
of operating a vehicle assembly plant, saying that the investment stages had
been broken down into three.
into three is that a new vehicle assembly plant is quite expensive to set up.
do will cost you over $50 million (N11 billion) for about 10,000 units per
(Semi-Knocked Down), which is a painted body, bringing in the internal and
“Then you move to SKD1 where you have a body that is not painted, you have to
paint it and so on.
Knocked-Down) when you have to weld all the pieces together, paint and do the
“ That is a transition in 12 months to the next phase,’’ he said.
already started doing CKD.
Peugeot Automobile Nigeria (PAN) already had the full complement of investment
in CKD and would start CKD in 2016.
Volkswagen of Nigeria Automobiles and Chairman, Nigerian Automobile
Manufacturers Association, said it was best for Nigeria to make a start in
in terms of funds and technological needs, adding that Nigeria had done well in
intensive and a technologically- advanced one.
never have been able to start if we did not start in a systematic and segmented
“We have taken the first baby step which is establishing the assembly plant.
utmost but we would never get there if we never start,’’ Aromolaran said.
of automobile policy, automobile companies should start manufacturing
enable Nigerian companies to produce vehicles as done in other parts of world
and create jobs for the unemployed.
Motors, said Nigeria had done well by keying into the programme.
the level of patronage and the foreign exchange that would be saved when
vehicles were produced locally.
with the automobile development plan, adding that it would benefit the nation’s
economy with time.