Nigeria plans to initiate local vehicle manufacturing by 2024, supported by allocation of funds and Nigerian Automotive Development Policy.
Nigeria plans to start local vehicle manufacturing by the end of 2024, according to Minister of Industry, Trade, and Investment, Doris Uzoka-Anite. Funds have been allocated to support local manufacturers, and the Nigerian Automotive Development Policy aims to utilize locally produced materials. The African Association of Automotive Manufacturers supports the sector, working with governments to shape policies, attract investments, and promote sustainable mobility solutions across Africa.
May 03, 2024
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