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Auto Industry Attracts $1bn, Imports Gulp $8bn Annually

Auto Industry Attracts $1bn, Imports Gulp $8bn Annually   Since the commencement of the National Automotive Industry Development Plan in 2013, about $1bn (N360bn) has been invested in the sector. The Director-General, National Automotive Design and Development Council, Jelani Aliyu, gave this figure on Monday in Abuja...

NADDC Shares N11bn To 36 Auto Firms

NADDC Shares N11bn To 36 Auto Firms The National Automotive Design and Development Council on Wednesday said it had so far disbursed the sum of N11bn to 36 auto companies. The Director- General, NADDC, Mr Jelani Aliyu, gave the figure in Abuja during a meeting with...

Automotive Council Targets 40% Local Content

The National Automotive Design and Development Council (NADDC) says it is targeting 40 per cent local content development in the automotive sector within the next five years. The Director General of the council, Mr Aminu Jalal, disclosed this in an chat with newsmen in Abuja. Jalal...