ACCI Intervenes In Auto Sector, Plans Fair To Boost Vehicle Demand

The Abuja Chamber of Commerce and Industry and Western Atlantic Corporation have concluded plans to hold the Abuja Auto trade fare.

The fair is expected to drive demand for automobiles as well as meet the vehicle needs of Nigerians.

The Director-General, ACCI, Victoria Akai, said these on Friday in Abuja.

She said that the Gallery Mobile Dealer Auction is created to bring succour to the activities and operation of the Auto Dealers within the FCT by providing the platform for their businesses to thrive.

She explained that the coronavirus pandemic which affected all spheres of the nation’s economy also brought suffering on the Abuja Motor Dealers whose daily income depend on the patronage of the vehicle buying public.

“Many Auto Dealers have been faced with the problem of replacing the batteries or repair as the case may be. There was a serious cloud of uncertainty even as the opportunity to bring in new supplies of vehicles were totally closed due the pandemic.

“The Abuja Chamber of Commerce and Industry in collaboration with Western Atlantic Corporation have come up with the first Auto Dealer Auction in Nigeria aimed at organising auto dealing in Abuja, by kick-starting and promoting the business of all the Auto Dealers within the FCT and Abuja.”

Speaking further, the DG said that the vehicles auction will enhance the liquidity of the Dealers through improved sales.

“Since this is not a one off opportunity, the Dealers are guaranteed continuous support and increase productivity and profitability on a monthly basis.

“We are informing the entire populace of FCT that henceforth, they do not have to wander around looking for the vehicle of their choice to buy anymore.

“Abuja Chamber of Commerce and Industry’s intervention through the Gallery Mobile Dealer Auction is providing them the opportunity to pick their vehicle of choice, conveniently, every second week of the month, starting from Wednesdays to Friday, beginning from 7th November 2020,” she added.

The National President, Association of Motor Dealers of Nigeria, Prince Ajibola Adedoyin, in his remarks said that the fare which is the first of its kind, would provide buyers within the FCT with affordable cars.

“We see this as a laudable initiative, that is why we have accepted to partner with the ACCI. We have plans of taking it to other parts of the country.

“We have made efforts to ensure that all cars that will be sold on this platform will be custom duty certified,” he added.