NADDC seeks financing reforms to boost vehicle ownership, local assembly
By Theodore Opara The National Automotive Design and Development Council (NADDC) has called for the development of an affordable vehicle financing ecosystem capable of expanding access to mobility while simultaneously stimulating local automotive production, employment and industrial growth. The Council said vehicle finance should no longer be viewed merely as a consumer credit product, but […]
Driven by diversification, ABC Transport records N734m profit in Q2 2025 earnings
By Theodore Opara Leading provider of Road Transport services in Nigeria, ABC Transport Plc, has recorded a significant turnaround in second quarter of 2025, moving from a loss before tax of ₦56m in 2024, to a profit before tax of ₦734m in Q2 2025. Profit after provision for income tax was an impressive N465m against […]
NADDC DG urges collective action for auto industry growth
NADDC D-G, Mr Joseph Osanipin, has made a passionate call for a unified push toward the development of local content in Nigeria’s automotive sector
FRSC pledges support for local content in automotive sector
The Federal Road Safety Corps (FRSC) has reaffirmed its commitment to support policies and innovations that promote safer vehicle designs.
AAAM task Nigeria on legislation of automotive policy (Photos)
By Theodore Opara The African Association of Automotive Manufacturers (AAAM) has stressed the need for Nigeria to legalise it automotive policy to provide the foundation for sustainable local manufacturing, job creation and boost investor’s confidence. Chief Executive Officer, AAAM, Victoria Backhaus-Jerling, stated this today in Lagos at the second Nigeria Auto Industry Summit organised by […]
Minister of Industry, Trade & Investment, AfDB President storm SAGLEV’s EV assembly plant
By Theodore Opara SAGLEV Electromobility Company Ltd will tomorrow host two distinguished Nigerian at its Electric Vehicle, EV, assembly and manufacturing facility located at Imota, Lagos. The two respected Nigerians, Dr Jumoke Oduwole Minister of Industry, Trade, and Investment and Dr Akinwunmi Adesina, President, African Development Bank, AfDB, will embark on the familiarization tour of […]
