The Director-General of the National Automotive Design and Development Council, NADDC, Jilani Aliyu, has disclosed that plans are underway to make locally-made vehicles readily available for Nigerians to buy and make payments in at least five-year instalments.

Speaking with newsmen at the ongoing GITEX 2019 in Dubai, United Arab Emirates, Mr Aliyu stated that his agency was collaborating with JAIZ, WEMA and Zenith banks with a view to providing single-digit financing for made-in-Nigeria vehicles.

[img]https://1.bp..com/-kYIsHPhrgi8/XZxl8ytANnI/AAAAAAAAgVo/zroVT9KLGKIVU34RTyl8K2cs1fW6Yo8oACLcBGAsYHQ/s1600/Made%2BIn%2BNigeria.jpg[/img]

According to him, in about three months’ time, Nigerians will be able to put down 10% and drive off made-in-Nigerian vehicles and pay over five years.

He said: “Instead of continuing to be importing fully-built vehicles from overseas, we are working towards promoting and sustaining the production of vehicles in the country.

“This effort will give us brand new vehicles that would be fuel-efficient, very modern and it will create tens of thousands of jobs.

“It will help grow the economy and it will also stop us from being a dumping ground for old and dilapidated vehicles.

“We feel that with this scheme in place, Nigerians can now buy and drive new vehicles. Nigerians deserve more than that,” Mr Aliyu stressed.

On the prices of these vehicles, the D-G said the vehicles are cost-effective, affordable and in tune with the environment.

“Of course, the objective of manufacturing these vehicles locally is to be cost-effective, affordable and very in tune with the environment and elegance. So we are looking at the price much, much lower than what we have today, probably between three and five million Naira,” Mr Aliyu disclosed.

On his efforts towards making Nigeria one of the vehicle-manufacturing countries to reckoned with, Mr Aliyu said: “We as a government body, we encourage the private sector to produce vehicles in Nigeria through the National Automotive Industrial Development Plan, NAIDP.

“NAIDP is a program that has five cardinal elements to help promote local production of vehicles.

“Those elements are investment promotion, which is to work with the private sector and encourage and support them in bringing money into Nigeria to set up their factories.

“Then we also have an infrastructure plan to provide the necessary infrastructure for the industry to set up and be sustained.

“We also deal with standards to make sure that the components that go into the vehicles meet minimum global standards.

“Then we also have training where every year we train thousands of Nigerians on mechatronics so that they understand the new automotive technology and be capable of fixing and maintaining these vehicles professionally.

“We as well deal with market development. First, we promote the production and then work with stakeholders, end-users and the companies to help people to be able to buy these vehicles,” Mr Aliyu noted.


Source:
https://www.autoreportng.com/2019/10/nigeria-made-vehicles-to-be-ready-soon.html

Interesting days ahead...

Read more here...

https://www.autoreportng.com/2019/10/nigeria-made-vehicles-to-be-ready-soon.html

Don't understand why some of dis our ppl chose to sell stories outside d shores of dis nation jus to look gud... We only hear about these things wen dey go abroad. Dats how a minister went to launch a NigerianAir logo in London and flew anoda airline back and till date d airline is only in d logo.. Make we dey see

Very good.

I need to drive a car with zero mileage to see how it looks like.

As in be the first original owner, not the ones wey oyibo don drive taya.

Simplyleo:
Very good.

I need to drive a car with zero mileage to see how it looks like.

As in be the first original owner, not the ones wey oyibo don drive taya.

Unfortunately, it will NEVER be a good experience because of the terrible roads. We need to change Nigeria's structure otherwise noting will work properly.

meavox:



Unfortunately, it will NEVER be a good experience because of the terrible roads. We need to change Nigeria's structure otherwise noting will work properly.

Anyhow, I sha want to have a taste of it. Will reserve it only for smooth roads like in Abuja.

But in lagos, tokumbo SUV will do the job for me.

Jus recently One of d major stakeholders in d automotive industry admitted regrets over his investment in an assembly becos d govt wasn't serious about it's policies whixh made him invest in d first place

Adonbilivit.

I will only believe this only when Ajaokuta and Aladja steel companies are working efficiently. A country without a functioning steel industry will only tell lies as they are doing now with this report.

These ones have seen mumu

This gives me joy....

Nobody should come and start saying rubbish here ooo... As if you can make anything

Not buying this

I pray o! I need that Innoson G80 suv

I son arrive

Give us nepa

Ok

Nice plan

I'll believe it when it happens.

I will not buy a Nigerian made vehicle just cos it’s made in Nigeria unless it meets international standards or worth the price tag.

Because of the dysfunctional economy private businesses are running at ridiculous cost to produce basic products.

That would be great sha

AryaSand:
These ones have seen mumu

Do you know how many automobiles are produced in Nigeria already?...

Please do due diligence before you resume your E-pundit job

I like this...

Na small small he dey start...

We go dey alright Las Las

Before 2030 I expect "Power" to be fixed... I can't wait for the day "up nepa" will be a history....

Your kids won't understand when you tell them, we use to shout Up Nepa back in the days

This country is mad, that's why I like it, as a "OG" there are no rules, use any mad style and collect your own... Partner with fellow mad men and make mad money....

"Woh everybody lole oo" wahrah leverybody

AkpaAmu9:
[s][/s] shut up

AkpaAmu indeed

What happened to NigerianAir sef

Please let's hear word...

You don't make anything. Only assemble to call it 30 million for a chick jeep that can't even carry a transformer..

Abeg grow up jor

bestman09:


I pray o! I need that Innoson G80 suv

Before that one go come down eenh

What a great news, let's start form somewhere.
Insurance should be implemented in the country

seangy4konji:
Please let's hear word...

You don't make anything. Only assemble to call it 30 million for a chick jeep that can't even carry a transformer..

Abeg grow up jor

Lol!
Same way they promised us National Air Carrier that we haven't seen since it was launched more than a year ago. This Government is all about Lies. Sakamanje!

Our leaders should lead by example...

Let them get it first and we follow.