FG Mandates MDAs To Procure All Vehicles From Local Assemblers - Car Talk

FG Mandates MDAs To Procure All Vehicles From Local Assemblers - Car Talk - Nairaland

Nairaland Forum › Nairaland General › Car Talk › FG Mandates MDAs To Procure All Vehicles From Local Assemblers (4770 Views)

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FG Mandates MDAs To Procure All Vehicles From Local Assemblers by ManirBK(op): 7:32am On Oct 10

The National Automative Design and Development Council (NADDC) has stated that it has concluded modalities to implement the ‘Nigeria First Policy,’ which was signed by President Bola Ahmed Tinubu

The Director-General of the NADDC, Joseph Osanipin said this in Abuja on Friday at a joint press conference with the Bureau of Public Procurement on the implementation of Nigeria First Policy, noting that for decades, Nigeria has remained a major consumer of foreign-assembled automotive products, which has strained foreign exchange reserves, exported local jobs and suppressed the growth of domestic manufacturing.

“We are fundamentally shifting the Nigeria First Policy. All vehicles procured by ministries, departments and agencies, including project utility vehicles, must be sourced exclusively from licensed local assemblers or their authorised retailers.

“Also, no ministry, department or agency may procure a foreign-assembled vehicle unless it explicitly proves the absence of a domestic alternative and obtains direct presidential clearance.

“Every vehicle supplied to the government must carry a traceable Vehicle Identification Number (VIN) verified through the NADDC. Any supply outside licensed local assembly lines will attract immediate regulatory sanctions, including blacklisting and licence revocation,” he explained

He added that the NADDC was fully prepared to execute its mandate in seamless collaboration with the BPP while charging local assemblers to brace up for the task ahead Dr Adedokun, the Director-General of the BPP, noted that Nigeria First Policy would drive industrialisation, create jobs and boost the economy

https://dailytrust.com/fg-mandates-mdas-to-procure-all-vehicles-from-local-assemblers/

8 Likes 3 Shares

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by ManirBK(op): 7:33am On Oct 10

This policy sweet my belle. But make we talk true.If done right, this could be the beginning of a real automotive industry. If done wrong, it becomes another avenue for corruption and inefficiency.

20 Likes 2 Shares

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by Dreal1247: 9:16am On Oct 10

This is the foundation of speedy improvement on the side of our local producers as the increased demand will encourage improvement. Also it will reduce pressure on the foreign exchange thereby strengthening our local currency.

9 Likes 4 Shares

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by Gotocourt: 1:36pm On Oct 10

Lolz, southeast targeted grin

4 Likes

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by Racoon(m): 1:38pm On Oct 10

Guess NASS under Godswill Akpabio were busy purchasing exotic foreign vehicles and zombies were cheering them back then.

4 Likes

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by Racoon(m): 1:38pm On Oct 10

ManirBK:
Can local assemblers meet demand? Government procurement is huge. If local assemblers can't deliver on time, we'll see delays, inflated prices, and backdoor deals for presidential clearance" waivers!!!
Mynd44

See the kind of mentality that kill a country?

6 Likes

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by U09ce: 1:39pm On Oct 10

As if this is the first time such directive is been given. Our elite public servants will never give up their love for Prados and Lexus and patronize local assemblers. The president himself uses an Escalade.

14 Likes 1 Share

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by Omalicious1: 1:40pm On Oct 10

ManirBK:
https://dailytrust.com/fg-mandates-mdas-to-procure-all-vehicles-from-local-assemblers/

While Aso Rock acquire the latest benz and cadillac, right?

3 Likes 1 Share

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by Bfly: 1:43pm On Oct 10

Another good Policy with a wide wide Loophole.

1 Like

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by Ofunaofu: 1:43pm On Oct 10

We are yet to see any mandate of the Tinubu government being implemented, apart from the thoughtless “subsidy is gone” statement. Of course, that’s the one policy they had no problem implementing because the masses are the ones paying the price.

5 Likes

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by unclejb2(m): 1:43pm On Oct 10

The only Good move from the drug lord since 2023. Let's hope it'll be implemented

This will boost local manufacturing and employment

1 Like

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by Samuels90: 1:46pm On Oct 10

Let the president and other leaders show example

3 Likes

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by Gboss247(m): 1:46pm On Oct 10

Dreal1247:
This is the foundation of speedy improvement on the side of our local producers as the increased demand will encourage improvement. Also it will reduce pressure on the foreign exchange thereby strengthening our local currency.

I doubt the part of reducing pressure on foreign exchange because a good number of local assemblers are foreign companies who are waiting for the next general meeting to repatriate profits in dollars back home.
Both the indigenous and foreign assemblers depends heavily on foreign patents, critical components for there operation.
So, I don't see any forex conservation strategy here.

2 Likes

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by Niom(m): 2:00pm On Oct 10

The reverse is the case here Chief...😁😁😁

Gotocourt:
Lolz, southeast targeted

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by oluwaseyi0: 2:00pm On Oct 10

FG should led by example

2 Likes

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by Ebinpawo1: 2:00pm On Oct 10

Good one.
Better late than never

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by GenFunction: 2:03pm On Oct 10

Omalicious1:
While Aso Rock acquire the latest benz and cadillac, right?

lol
No mind them
See them driving Escalades up and down

1 Like

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by Jman06(m): 2:03pm On Oct 10

Local car assembly companies should try and cut down prices in order to attract more Nigerian buyers! This is especially now that imported cars sale for exorbitant prices that average Nigerians now find it difficult to own a car.

The other day I saw some Innoson cars lined up for sale in a government hospital probably to attract hospital staff who may want to buy. When I enquired about the price, the amount I heard was so high that it could buy me a good foreign-used car with some change left.

2 Likes

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by Guestmale: 2:03pm On Oct 10

That is a very good one from fg. This is the way to develop and help our local industries.Fg must make sure they follow up.this directive and sanction any ministry or parastatal that disobey this order.

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by AJSfan: 2:05pm On Oct 10

Hope it applies to the national assembly and presidency too?

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by tuoyoojo(m): 2:05pm On Oct 10

Is tulumbu's Escalade from local assembly

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by FBIBOT(m): 2:08pm On Oct 10

ManirBK:
Can local assemblers meet demand? Government procurement is huge. If local assemblers can't deliver on time, we'll see delays, inflated prices, and backdoor deals for presidential clearance" waivers!!!
Mynd44

What are their demands? Let stop making excuses.... You lot have always asked why government isn't procuring official vehicles from the likes of innoson... Now that they agree to do so it still same you that's complaining about demands

2 Likes

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by deolu2000(m): 2:12pm On Oct 10

I hope the president will lead by example on this matter or it's the usual different rules being applied to masses and elites?

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by Ideyontop: 2:18pm On Oct 10*

What we need now is how to make things affordable in Nigeria. Let us import vehicles so that they will become affordable in Nigeria first. That is what the president is trying to achieve. Lets now use policy to create bottle necks for what the president is trying to achieve.

We urgently need a lot of vehicles especially CNG and EV vehicles to meet the local demand and the President is in a hurry to solve transportation problem and someone else is trying to stop that through bureaucracy and bottle necks.

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by Jydolomo: 2:19pm On Oct 10

This is one out of many reasons I comment. Very good development

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by iamjavadem(m): 2:20pm On Oct 10

Ok, please educate us instead of the one line statement, tell us why so we can learn. Thanks.

Racoon:
See the kind of mentality that kill a country?

1 Like

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by ppogba: 2:21pm On Oct 10

It will be easier to double the invoice price. Go and ask Cosmos MADUKA

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by FEGNO: 2:22pm On Oct 10

Bunch of hypocrites. Meanwhile Senators and Rep members who passed the law are all driving in Land cruisers. Top military officers as well as every single Director. Even the Presidency does not have any locally assembled vehicles

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by YouandiAllofus: 2:27pm On Oct 10

This is a very good news for local assemblers and a positive development for the economy and country.
Kudos to the administration of President Bola Ahmed Tinubu.

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by Parachoko: 2:35pm On Oct 10

Ideyontop:
Are vehicles really produced in Nigeria?

Yes

We have made in Nigeria vehicles

Re: FG Mandates MDAs To Procure All Vehicles From Local Assemblers by 3kay945(m): 2:36pm On Oct 10

Jman06:
Local car assembly companies should try and cut down prices in order to attract more Nigerian buyers! This is especially now that imported cars sale for exorbitant prices that average Nigerians now find it difficult to own a car.

The other day I saw some Innoson cars lined up for sale in a government hospital probably to attract hospital staff who may want to buy. When I enquired about the price, the amount I heard was so high that it could buy me a good foreign-used car with some change left.

Mention the price na, it isnt a crime or sin.

1 2 Reply

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