Nnewi automotive park planned to boost local car production
The National Automotive Design and Development Council has announced plans to create a major Automotive Development Park in Nnewi, Anambra State. Oluwemimo Osanipin, Director-General of the Council, said the initiative aims to reduce Nigeria’s reliance on imported vehicles and support the Nigeria First policy under President Bola Tinubu. The park will offer shared infrastructure to make it easier for manufacturers and investors to set up operations. The Council is also promoting electric vehicles and local production of automotive components to strengthen the sector.
TLDR
- Oluwemimo Osanipin revealed plans for the Nnewi Automotive Development Park to boost local manufacturing and reduce imports.
- The park will provide shared facilities, lowering entry barriers for manufacturers and encouraging investment.
- The Federal Government has approved the procurement of electric vehicles for civil servants, with a directive to source them from local assemblers.
- The Council is investing in training for local production of key automotive components like batteries and tyres.
- A new legislative framework is being prepared to align Nigeria’s automotive policies with global standards and support industry growth.
