Senate, NADDC assures investors on original equipment manufacturing

The Chairman of the Senate Committee on Industry, Trade and Investment, Senator Sam Egwu, has said the resourcefulness exhibited by the Jelani Aliyu led National Automotive Design and Development Council, (NADDC), to bring original equipment manufacturers to Nigeria is highly commendable as it will change the face of the automotive industry in the country and on the continent.
He said bringing original equipment manufacturers to Nigeria will produce positive multipliers effects for the country’ economic development, including job creation, reduction of road accidents due to fake parts and reduction in environmental pollution amongst others.
Making these disclosures in Abuja when he received a delegation of the Association of Africa Automotive Manufacturers who were on a working visit to Nigeria, the senate industry, trade and investment committee chairman reaffirmed the commitment of the government to boost investment in the Nigerian Automotive Industry.
Egwu assured the delegation that the laws relating to automotive industry in Nigeria would soon be passed, adding that the government is committed towards ensuring that the Automotive Bill which is currently in the National Assembly would soon see the light of the day.
On his part, The Director General of NADDC, Mr.
Jelani Aliyu (MFR), told the delegation that Nigeria remains a fertile ground for investment in the automotive industry

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