Nigeria’s Auto Industry Attracts N500bn Investments In Two Years—NADDC DG

The National Automotive Design and Development Council (NADDC) has revealed that private companies invested the sum of N500bn into the Nigeria Automotive sector to set up assembling plants.

The Director-General and Chief Executive Officer (CEO) , NADDC, Mr. Jelani Aliyu said this in Abuja at the Council’s quiz competition.

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The companies are Dangote-SinoTrucks, Innoson, PAN, Cherry, Peugeot, Stallion Group, Hyundai, Honda, Elizade, Lanre Shittu, JAC, Kojo, Nord, Omaa, Vistar, Jet Systems, National Trucks Manufacturers, GAC, Kia, Mikano/Geely.

He said the sector attracted the fund in the last two years based on the implementation of the Nigerian Automotive Industry Development Plan.

On the essence of the quiz competition, Jelani explained that they partnered with relevant authorities to get schools with the highest scores in the previous examination within the Federal Capital Territory (FCT).

He said their role is to help develop the automotive sector in terms of promotion of vehicles, transformation of technology and skills upgrading.

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“The earlier we engage and support young Nigerians in primary and secondary schools to further understand automotive world and technology, the better we make the good decision to go into that field and study automotive engineering or design management.

“We believe that this is crucial to begin to get the students thinking and read more about it and boost that type of learning in schools, so that they can choose a course in the automotive sector and add value to that industry and for the nation,” he said.

The schools that participated in the quiz competition are the Government Secondary School, Kuje; School of the Gifted, Gwagwalada; Pace Setters Academy and Faith Academy in Abuja.

Government Secondary School, Kuje took first position with 64 1/2 marks, School of the Gifted took the second position with 54 marks, Pace Setters academy took the third position with 53 marks while Faith Academy took the fourth position with 52 marks.

One of the students, Sanusi Mohammed from GSS, Kuje lauded the NADDC for the competition adding that the competition has increased his knowledge in the automotive line of learning.

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