Deprecated: Methods with the same name as their class will not be constructors in a future version of PHP; Blogger_Importer has a deprecated constructor in /customers/f/7/3/onepageafrica.com/httpd.www/wp-content/plugins/blogger-importer/blogger-importer.php on line 44 Warning: session_start(): Cannot start session when headers already sent in /customers/f/7/3/onepageafrica.com/httpd.www/wp-content/plugins/wordpress-social-login/wp-social-login.php on line 64 Deprecated: Unparenthesized `a ? b : c ? d : e` is deprecated. Use either `(a ? b : c) ? d : e` or `a ? b : (c ? d : e)` in /customers/f/7/3/onepageafrica.com/httpd.www/wp-content/plugins/js_composer/include/classes/editors/class-vc-frontend-editor.php on line 644 Warning: Cannot modify header information - headers already sent by (output started at /customers/f/7/3/onepageafrica.com/httpd.www/wp-content/plugins/blogger-importer/blogger-importer.php:44) in /customers/f/7/3/onepageafrica.com/httpd.www/wp-content/plugins/onecom-vcache/vcaching.php on line 529 Warning: Cannot modify header information - headers already sent by (output started at /customers/f/7/3/onepageafrica.com/httpd.www/wp-content/plugins/blogger-importer/blogger-importer.php:44) in /customers/f/7/3/onepageafrica.com/httpd.www/wp-content/plugins/onecom-vcache/vcaching.php on line 537 Warning: Cannot modify header information - headers already sent by (output started at /customers/f/7/3/onepageafrica.com/httpd.www/wp-content/plugins/blogger-importer/blogger-importer.php:44) in /customers/f/7/3/onepageafrica.com/httpd.www/wp-includes/feed-rss2.php on line 8 automotive accessory – One Page Africa https://www.onepageafrica.com Onepage Africa News Thu, 04 Jun 2020 10:42:17 +0000 en-GB hourly 1 https://wordpress.org/?v=5.9.3 ANLCA urges duty free for manufacturers of automobile parts https://www.onepageafrica.com/2015/02/26/anlca-urges-duty-free-for-manufacturers/ https://www.onepageafrica.com/2015/02/26/anlca-urges-duty-free-for-manufacturers/#respond Thu, 26 Feb 2015 16:10:00 +0000 National President, ANLCA, OLayiwola Shittu Alhaji Olayiwola Shittu, National President of the Association of Nigerian Licensed Customs Agents (ANLCA)  has urged the Federal Government to make importation of equipment duty free for automobile parts manufacturers. Shittu made the plea in an interview in Lagos. He said by doing this government would encourage the manufacturers to […]]]>

National President, ANLCA, OLayiwola Shittu

Alhaji Olayiwola Shittu, National President of the
Association of Nigerian Licensed Customs Agents (ANLCA)  has urged the Federal Government to make
importation of equipment duty free for automobile parts manufacturers.

Shittu made the plea in an interview in Lagos.
He said by doing this government would encourage the
manufacturers to bring in their equipment, to create more jobs and to support
the local assembly plants.
“Since it takes about 2,000 different parts to make a
vehicle, government should encourage manufacturers of those parts.
“Rather than being sellers of imported parts, we should
be able to manufacture. And you see a lot of them are in Aba; they are in
Nnewi; they are in Onitsha.
“If you do a deliberate assistance to those people, let
them bring in the equipment for that manufacturing free of duty, as a matter of
encouragement.
“Just imagine what 2,000 parts multiplied by minimum of
three companies; multiplied by the number of people they will employ; that is a
large pool for the country,‘‘ he said.
Shittu said that the automobile companies would provide
jobs for many Nigerians considering the high demand for vehicles, adding that
this would be a boost to the economy.
He said if deliberate attention could be given to small
enterprises in the automobile sector, there would be emergence of `many
made-in-Nigeria‘ vehicles in the next five years.
The ANLCA chieftain said that 70 per cent import duty on
vehicles would push the business of vehicle imports to neighbouring countries.



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NAC boosts automobile accessory production with N11.5 bn, says DG https://www.onepageafrica.com/2014/09/30/nac-boosts-automobile-accessory/ https://www.onepageafrica.com/2014/09/30/nac-boosts-automobile-accessory/#respond Tue, 30 Sep 2014 17:00:00 +0000 DG NAC, Aminu Jalal

The
Director-General, National Automotive Council, Engr. Aminu Jalal, has disclosed
that the council had disbursed N11.5 billion to 32 companies, to boost production
of automobile accessories in Nigeria.


These
accessories include brake pads, oil filters, and bumpers among others.


The
director-general made the disclosure at a news briefing in Lagos while
reiterating government’s plans to develop and sustain the industry.




From the N22 billion generated from the 2 per cent auto import levy collected
from 1994 to 2007, we have disbursed N11.5 billion from 2007 till date.


It is noteworthy that the Council was given N15 billion of the amount as government
had utilised about N7 billion.

“It
will interest you to know that our interest rate dropped from 11 per cent to
7.5 per cent and the funds are properly managed, which has made it possible
that a quarter of the loans have been returned,” he said.

 Jalal
said that government’s resolve could be backed with the fact that the local
cement production had grown tremendously from 2 million tonnes to 30 million
tonnes in the last decade, while it did not have to wait for all infrastructure
to be on ground.

With
reference to financing for the automotive plan, Jamal said progress was on to
sign a Memorandum of Understanding with a South African bank renowned for
investment-friendly loan, to actually sustain the effort.

“Loans
for this plan will be given to investors at a single-digit interest.


Besides that, we will be giving an graded level incentive to encourage
investment into the scheme.


“Investors
can begin at entry-level, which is SKD 2, phase 1 and then, phase 2 until they
graduate into the CKD level which requires huge investment.”


He
said that for the entry-level investors, they would enjoy a ‘one-for-two’
incentive. Meaning that for assembling one vehicle locally, an investor would
enjoy importing two of same kind at no levy attached.


The
director-general however noted that the council would emphasise strongly on
quality and standard obtainable anywhere in the world.


“For
encouraging local content, 23 companies have already indicated interest and
they have started building their facilities.



But, it is also made known that participating will involve meeting the
standards, ability to meet up with quantity request and timely too, “he said.


He
added that a lot of manpower training had been done through the SURE-P and
development of programmes to suit courses already being offered in the
university system.


While
stating that automobile companies have indicated partnership interests in the
plan, he disclosed that Toyota Motor Company advised that the automotive policy
be legislated for better assurance of its sustainability.






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