Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Industry / Nigeria

Homegrown Car No Longer Feasible

November 2009 | Industry News

To read the full article, please choose one of the following options:

Subcribers please log in

The director general of Nigeria's National Automotive Council (NAC), Alhaji Aminu Jalal, has announced a strategy for the country's automotive industry, as it has become apparent that the goal of producing a fully indigenous car by 2017 is unachievable. The guidelines set for building a domestic car were that 65% of the total parts and components should be locally sourced. However, the NAC has now chosen to focus on developing the component sector, in order to produce parts that meet Tier I international