According to a press release by the National Automotive Design and Development Council (NADDC), this initiative could generate over ₦150 billion annually from 2026.

Reps to Summon CBN, Others Over Automotive Finance Scheme   The House of Representatives Committee on Industry has pledged to work towards improving access to affordable vehicle financing for Nigerians as part of efforts to strengthen the country’s automotive sector. To this end, the committee has pledged...

Nigeria to Begin Vehicle Spare Parts Production The National Automotive Design and Development Council (NADDC), says it has put in place the necessary structures and frameworks to begin the manufacturing of 10 essential vehicle spare parts locally. It said this move will help reduce the country’s...

FG Initiates Plan for Local Manufacturing of Electric Vehicles The Federal Government through the National Automotive Design and Development Council (NADDC) has initiated a process to begin the manufacturing and assembling of electric vehicles locally. It is planning a collaborative partnership with a Moroccan firm to...

FG validates policy for Electric, CNG Vehicles' Maintenance The National Automotive Design and Development Council (NADDC) has announced plans to validate its National Occupational Standards for the conversion and maintenance of electric vehicles and Compressed Natural Gas vehicles. The Director-General of NADDC, Joseph Osanipin disclosed this...

FG validates policy for Electric, CNG Vehicles' Maintenance The National Automotive Design and Development Council (NADDC) has announced plans to validate its National Occupational Standards for the conversion and maintenance of electric vehicles and Compressed Natural Gas vehicles. The Director-General of NADDC, Joseph Osanipin disclosed this...