NADDC: Putting in place auto industries in Nigeria

The Centre for Automotive and Development, Zaria later became National Automotive Design and Development Council. The primary concern of the agency was to put in place the capacity for automobile manufacturing companies that will produce low cost vehicles for Nigerians.

Another aim of the agency was to create enough capacity for research and development in areas of automobile assembling and checking of auto standards manufactured in Nigeria. At the present moment, the interest of stakeholders and investors have been commendable, which shows that the auto policy is sure to be a success.

The auto policy in Nigeria attracts some benefits in that some raw materials imported will attract zero duty charges, depending on the type brought in and others that will attract duty charges will attract very minimal charges. Indigenous producers of batteries, paints, glass, etc, are encouraged to keep producing since their products don’t need certain volume to satisfy the local content requirement.