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 […]
New NADDC boss assumes office
THE newly appointed Director-General of the National Automotive Design and Development Council, NADDC, Oluwemimo Joseph Osanipin, assumed office on Tuesday, October 17
Innoson acquires robot equipment, increases production capacity to 60,000
CEO, Chief Innocent Chukwuma, also said Innoson has increased its annual factory capacity from 10,000 vehicles to 60,000, an increase of about 500 per cent.
NAMA, MAN lament slow growth of Nigeria’s auto industry
THE Nigeria Automobile Manufacturers Association, NAMA, and the Manufacturers Association of Nigeria, MAN, have expressed dismay at the slow growth of the Nigerian automotive industry compared to some African countries.
Road safety initiative builds training institute
By Theodore Opara As part of its contribution towards developing the nation’s automobile industry, the Automobiles and Road Safety Initiative, a non-governmental organisation, has concluded plans to build a training institute for technicians in the country. President of the organisation, Mr. Samuel Oloyed Oriowo, while disclosing this at a press conference to announce their second […]
UASPDA president offers permanent solution to market fire outbreaks
President of spare parts dealers Deacon Simon Uzoetue, has identified the major causes of market fire outbreaks recorded in recent times.
