Latest news

FG Backs Local EV Manufacturing in Nigeria


The Federal Government has fully supported Nigeria’s emerging electric vehicle industry, restating its commitment to driving local manufacturing, economic expansion, and job creation.

According to a statement, the Minister of Industry, Trade and Investment, Jumoke Oduwole, affirmed the government’s support during a visit to the Saglev Incorporated EV assembly plant in Lagos on Wednesday.

Oduwole said the President Bola Tinubu-led administration remained focused on fostering investment and industrial growth through policies that prioritise Nigerian businesses.

She said, “The Nigeria-first policy of President Tinubu is committed to supporting investors exactly like the demographic we’re seeing here. From industrial policy to trade policy to investment policy, this administration is focused on Nigerian investors and putting them first so they can thrive.”

The trade minister described Saglev’s plant as a symbol of sustainable innovation, noting that the vehicles assembled there could significantly enhance Nigeria’s transportation and logistics sectors.

She noted that the high-end electric vehicles use “about 80 per cent less power,” which she said could move Nigeria’s mobility sector to the next level.

Oduwole also dismissed the notion that Nigerians do not patronise locally made goods, stating, “Nigerians are extremely patriotic and embrace Nigerian products.”

The visit also served to spotlight efforts to tackle persistent challenges facing local manufacturers in the EV sector, including policy bottlenecks and importation delays.

Director-General of the National Automotive Design and Development Council, Joseph Osanipin, gave updates on the Federal Government’s EV policy progress, stating that the auto electrification framework was already in motion.

“For the auto policy, we have the policy already. But we are moving it from policy to legislation. We’ve done the first and second reviews and are now working with top legal practitioners on drafting. In the next few months, we’ll be ready,” he said.

Osanipin added that the NADDC had introduced the National Occupational Standard for EV servicing and maintenance, which would be adopted as a training curriculum in universities, polytechnics, and technical schools nationwide.

Lagos State Commissioner for Commerce, Cooperative, Trade, and Investment, Folashade Ambrose-Medebem, also pledged the state’s support for the project. She stated that Lagos remained committed to creating an enabling environment for investment through initiatives such as land access, market linkages, and infrastructure support via the Lekki Free Zone and Deep Sea Port.

Despite the enthusiasm from government officials, the Managing Director/Chief Executive Officer of Saglev Inc., Sam Faleye, highlighted critical challenges facing the local EV assembly sector, especially with importation.

He said, “We have about five containers of semi-knocked-down kits stuck at the ports, just waiting. Customers have already paid deposits for those vehicles.”

Faleye blamed the bottlenecks on issues with the Nigeria Customs Service’s electronic portal, including wrong HS codes and complicated import processes, calling for urgent reforms to streamline customs procedures for EV parts.

While acknowledging the rigorous licensing and inspection by the NADDC, which he described as helpful in ensuring quality control, the Saglev boss urged the government to go a step further by enforcing value addition in EV importation.

He stressed, “If you’ll bring in electric vehicles, add value; don’t just import them fully built. There’s a huge difference in cost and maintenance compared to internal combustion engine vehicles, and we’re offering Nigerians a better option.”

Faleye added that Saglev would remain focused on offering solutions despite the sector’s hurdles: “We just choose not to focus on the challenge. We choose to focus on solutions.”

The Minister’s visit, alongside top federal and state officials, signals a renewed push by the government to bolster local production and position Nigeria as a key player in the global transition to electric mobility.

With rising demand for energy-efficient alternatives and the growing impact of climate change, stakeholders say Nigeria’s investment in local EV manufacturing could unlock jobs, cut fuel dependency, and foster sustainable transportation in the years ahead.

Tags :

Related Posts

Must Read

Popular Posts

The Battle for Africa

Rivals old and new are bracing themselves for another standoff on the African continent. By Vadim Samodurov The attack by Tuareg militants and al-Qaeda-affiliated JNIM group (Jama’a Nusrat ul-Islam wa al-Muslimin) against Mali’s military and Russia’s forces deployed in the country that happened on July 27, 2024 once again turned the spotlight on the activities...

I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...