…to implement regulations in automotive sector
The federal government has picked twelve universities, two from each geopolitical region of the country, to manufacture electric vehicles.
The initiative, which is part of the First Nigeria policy of the President Bola Tinubu administration to be financed by the Bank of Industry and other key financial institutions.
Director-General National Automotive Design and Development Council (NADDC), Mr. Oluwemimo Osanipin, disclosed this in Uyo, Akwa Ibom state.
Osanipin spoke during a stakeholders’ engagement with the Association of Motor Dealers of Nigeria (AMDON) and the Nigerian Automotive Manufacturers Association of Nigeria (NAMA).
The theme of the engagement was: “Import of Used Cars and Dealership Regulation in Nigeria”.
He said that Nigeria was also committed to component and parts manufacturing as part of its preparation for made in Nigeria vehicles and fulfilment of the First Nigeria Policy.
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