Auto CEOs, NADDC, Customs, FIRS, others to parley on future of auto industry

Chief Executives/ Managing Directors of prominent auto firms in Nigeria and heads of government agencies regulating the industry are scheduled to hold meeting in Abuja later this month to discuss the future of the auto industry.

The meeting which coincides with the maiden edition of the Auto CEOs Forum is expected to look into major issues adversely affecting the operations and slowing down the development of the auto industry to arrive at workable solutions that would be jointly executed to bring about the development of the sector.

Mr. Jelani Aliyu, Director-General, National Automotive Design, and Development Council, NADDC, expressed hope that the parley would provide the needed opportunity to resolve those issues that had set the industry back and enable the stakeholders to forge a new relationship for speedy growth of the auto sector in Nigeria.

Some of these issues are the auto policy, local assembly plants and low patronage of locally assembled vehicles, import levies/duties; exchange rate policy as it affects auto businesses; and vehicle clearing-related problems.

Government agencies expected to participate include NADDC, the Nigeria Customs Service, Federal Inland Revenue Service, National Drug Law Enforcement Agency, Central Bank of Nigeria, Ministry of Industry, Trade and Investment, Ministry of Finance, terminal operators, and Association of Clearing Agents. On the other hand, auto companies whose CEOs are featuring in the maiden edition of the event are Toyota Nigeria Limited, Weststar Associates, Innoson Motors, Pan Nigeria, Lanre Shittu Motors, CFAO, Kia Nigeria, Nord Automobiles, TSS Automobile, Dangote Peugeot Automobile/Sinotruck, Coscharis Motors, CIG Motors, Tata Motors, Jet Motor Company (Jet Systems) and Omaa Motors.


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