• News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Saturday, October 10, 2026
  • Login
Auto Journal Africa
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Ask Autojorunal AI
No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
No Result
View All Result
Morning News
No Result
View All Result
Home Africa

Stakeholders laud FG’s ‘Nigeria First’ initiative, call it a boon for local auto industry

David Ijaseun by David Ijaseun
May 14, 2025
in Africa, News
0
Nigeria’s auto sector

Nigeria’s auto sector

673
SHARES
8.5k
VIEWS
Share on FacebookShare on Twitter

Nigeria’s automotive sector has responded positively to the Federal Government’s newly launched ‘Nigeria First’ policy, with key players in the industry calling it a pivotal moment for local vehicle assembly and economic growth.

The policy, announced on May 5, 2025, mandates that all federal ministries, departments, and agencies (MDAs) prioritize Nigerian-made goods and services in public procurement. This initiative, aimed at boosting the local economy, has been widely praised by industry stakeholders, including the National Automotive Design and Development Council (NADDC), Innoson Vehicle Manufacturers (IVM), and Dana Motors.

READ ALSO

Toyota announces $1.34bn investment in Argentina’s biggest-ever electrified vehicle project

Ford’s EV sales p80% as $30,000 Fathom Pickup faces crucial 2027 Test

The policy has raised expectations of increased demand for locally assembled vehicles, marking a significant shift from previous policies. “This decision is a game changer,” said NADDC Director-General Oluwemimo Osanipin. He added that the NADDC has already updated its list of local manufacturers and their products, which will be submitted to the Bureau of Public Procurement (BPP) for implementation.

“This is the type of strategic move that will drive local vehicle patronage,” Osanipin said. He highlighted that the previous Executive Orders 3 and 5 only required 40% of procured goods to be locally produced, a far cry from the 100% now mandated under the ‘Nigeria First’ policy.

The policy has stirred enthusiasm among manufacturers. Chief Innocent Chukwuma, Chairman of Innoson Vehicle Manufacturers, hailed the initiative as one of the most impactful decisions by the Tinubu administration. “If fully implemented, it will give a massive boost to local manufacturers,” Chukwuma said. He pointed to Innoson’s Nnewi plant, which produces a range of vehicles including SUVs, buses, and fire trucks, noting that they were already leading in Compressed Natural Gas (CNG) vehicle production.

Chukwuma also revealed plans for a new multi-billion naira IVM plant in Nnewi dedicated to CNG and electric vehicles, which is nearing completion. “We were producing CNG vehicles two years before the policy came into play,” he added proudly.

Dana Motors also praised the policy, with Managing Director Jacky Hathiramani calling it a forward-thinking move. Dana’s Isolo-based plant, which produces eco-friendly vehicles including electric cars and CNG-powered buses, stands to benefit significantly from the new regulations.

Hathiramani emphasised the policy’s potential to stimulate the local supply chain and provide incentives for Original Equipment Manufacturers (OEMs) and conversion centers.

The Nigeria Customs Service (NCS) is also aligning with the policy. The Comptroller-General of Customs, Adewale Adeniyi, announced that the agency is initiating the purchase of locally assembled vehicles. Speaking at an event where various auto manufacturers showcased their products, Adeniyi praised the policy as transformative for the sector.

“We are committed to supporting the local auto industry,” Adeniyi said. “Seeing Nigerian-made vehicles on display gives me great joy, and I’m proud to be part of a government initiative that strengthens our industrial economy.”

NCS officials expressed satisfaction with the quality of the vehicles presented, which were produced by members of the Nigeria Automotive Manufacturers Association (NAMA), including Mikano Motors and Stallion Motors.

Adeniyi’s support for the local auto industry was echoed by key figures from the sector, including Ilekuba Anslem, CEO of Cedric Masters Group, and Oluwatobi Ajayi, CEO of Nord Automobile Limited. Both praised Adeniyi’s continued advocacy for locally made vehicles even before the policy’s announcement.

Ajayi assured the Customs Service that his company, Nord Automobile, would maintain robust after-sales services for its vehicles, further cementing confidence in the policy’s longevity and sustainability.

With such widespread support and optimism, the ‘Nigeria First’ initiative is set to transform the nation’s automotive landscape, creating jobs, stimulating growth, and positioning the country as a key player in Africa’s auto manufacturing sector.

Read more on Nigeria and South Korea forge green tech alliance to boost jobs, clean energy

Tags: HeadlineNADDCNAMA

Related Posts

Toyota
News

Toyota announces $1.34bn investment in Argentina’s biggest-ever electrified vehicle project

October 9, 2026
Ford Motor Electric vehicles
News

Ford’s EV sales p80% as $30,000 Fathom Pickup faces crucial 2027 Test

October 8, 2026
Tesla Model S
News

Tesla’s FSD push faces safety questions as Europe weighs wider approval

October 8, 2026
Chinese cars
News

Chinese car brands close the gap as Germany’s new-car market grows

October 7, 2026
NADDC Symposium
News

NADDC: Affordable Vehicle Financing Can Replace Subsidy as Mobility Equaliser

September 19, 2026
KOJO Motors and NADDC
News

NADDC board reiterates FG commitment to indigenous enterprise after Kojo Motors assembly oversight visit

September 19, 2026
Next Post
Elon Musk

Musk wins breathing room as U.S., China pause tariff fight

POPULAR NEWS

Inferno at Toyota 1000 Desert Race consumes 49 cars

Inferno at Toyota 1000 Desert Race consumes 49 cars

July 3, 2023
Mobius Motors

Mobius Motors: Rising taxes, competition ends Kenyan SUV maker’s journey

August 7, 2024
Autojournal car race

Get ready for the biggest RACE show this December in Nigeria

August 12, 2024
Rolls-Royce La Rose Noire Droptail 2026, the most expensive car in 2026

Ultra-luxury: The 10 most expensive cars in the world in 2026

January 7, 2026
From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

October 25, 2024

EDITOR'S PICK

China's EV car market

Chinese carmakers defy 50% tariffs as Mexico sales jump 30%

July 20, 2026
FOLD cargo bike

FOLD cargo bike wins 2026 German design award

January 1, 2026
Toyota BZ SUV

Toyota’s electric SUV surges 78% in sales, overtaking GM rival

May 5, 2026
Ferrari manual shift

Ferrari may bring back manual transmission after 13-year absence

April 13, 2025

About

Auto Journal Africa is the leading online and print magazine for automobiles in Africa.

Follow us

Recent Posts

  • Ghana’s ST Mobility targets Nigeria with 5,000 EVs annually after $4.5 million factory expansion
  • Polestar nears US sellout of 2026 models as vehicle ban looms
  • Chinese car brands double to 20 at Paris Show as European carmakers face pressure
  • Toyota announces $1.34bn investment in Argentina’s biggest-ever electrified vehicle project

Links

  • Privacy Policy
  • About Us
  • Contact Us
  • Terms & Conditions
  • News
  • Reviews
  • Events
  • Tools
  • For Sale

© 2023 Auto Journal

No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa

© 2023 Auto Journal

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?