Latest news

Minister Reaffirms Commitment To Sustainability, Strategic Growth


The Minister of State for Industry, Senator John Owan Enoh, has emphasised the Federal Government’s commitment to advancing Nigeria’s automotive industry.

He highlighted the sector’s role in job creation, technological advancement, and economic diversification, describing it as pivotal to achieving the administration’s industrialisation agenda.

The Minister stated this at the Automotive Industry Stakeholders’ Conference held on Monday in Lagos. The conference, themed “Strategy for the Current and Sustainable Future of the Auto Industry in Nigeria”, was organised by the National Automotive Design and Development Council (NADDC).

The high-level event brought together leading stakeholders, including representatives from the Federal Ministry of Finance, the National Automotive Manufacturers Association (NAMA), and the United Nations Industrial Development Organisation (UNIDO).

In his response to the presentations, Senator Enoh commended the organisers of the Conference, stressing that “the Nigerian automotive industry must position itself as a driver of sustainable economic growth.

“This requires collaboration, innovation, and clear strategies to address challenges such as local manufacturing, infrastructure, and global competitiveness. Our focus as a government is to provide the enabling policies, incentives, and investments that will drive this transformation.”

The Minister also underscored the importance of partnerships between government, industry players, and international organizations like UNIDO to achieve long-term sustainability goals.

Key areas of focus include: developing robust local manufacturing capabilities; improving access to finance and incentives for auto manufacturers; creating an environment conducive to innovation and research; and promoting environmentally sustainable automotive practices.

Stakeholders at the event reiterated their shared vision for the industry’s growth and applauded the Honourable Minister’s leadership and proactive approach.

The conference concluded with a call to action for all stakeholders to collaborate closely in implementing actionable strategies that will drive Nigeria’s automotive industry into a globally competitive future.



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...