The Nigerian Automotive Industry Development Plan (NAIDP) was initiated as a road map to foster the growth of the Automotive Industry in Nigeria.

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Following the approval of the new NAIDP by the Federal Government in 2023, the Nigerian Automotive Industry Development Plan (NAIDP-2023) Implementation Committee was officially inaugurated on Thursday 28th March 2024 by the Hon. Minister, Federal Ministry of Industry, Trade and Investment Dr. Doris Nkiruka Uzoka-Anite at Bank of Industry Building, Abuja.

Speaking at the Official Inauguration Ceremony, the Hon. Minister urged each member of the Committee to embrace the responsibility with a spirit of commitment and collaboration, stressing the importance of working together and leveraging on the strengths of each other.

“I am deeply honoured to lead this distinguished group. Together, we have the power to make a real difference. Let us embark on this journey with unwavering determination, and together we will turn the NAIDP vision into a thriving reality”

She said “This moment marks a significant milestone in our collective journey towards fostering growth, innovation and sustainability within Nigeria’s automotive industry”

In his remarks the Director General, NADDC Mr. Joseph Osanipin expressed his profound gratitude for the initiative stating that the New Auto Policy (NAIDP-2023) was signed in the year 2023 with the soul aim of curtailing Nigeria’s almost total dependence on imports of automobiles and to meet a significant proportion of its demand through domestic production of vehicles and components.

“The importance of inaugurating the committee is to see to proper implementation of the NAIDP-2023 and to ensure that there is inter-governmental handshake in achieving the seven pillars of the policy”

The NAIDP 2023 Implementation Committee has the Hon. Minister of FMITI as the Chairperson, other members includes the Hon. Ministers of Finance, Transport and Environment. Other agencies include the Director General NADDC, the Comptroller General Nigeria Customs Service, the Executive Secretary, Nigeria Investment Promotion Commission, and the Director General, Standards Organisation of Nigeria, while members from the Private Sector include representatives of Manufacturers Association of Nigeria, Nigeria Automotive Manufacturers Association and the Automotive Local Components Manufacturers Association.