Senator Bola Ahmed Tinubu Visits Freedom Radio
Automotive council of Nigeria urges FG to enhance the industry
- Written by Baraka Bashir
The Council Director General, Alhaji Aminu Jalal told reporters in Lagos that this is necessary because the current state of the industry was discouraging.
He said capacity utilisation in the industry fall from 90 per cent in 1981 to 10 per cent currently.
He said the installed capacity of Nigerian automotive industry surpasses the annual vehicular demand as indicted by data from the Nigerian Automotive Manufacturers Association.
He urged the Federal Government to urgently address the issues of low demand, competition from China and India and lack of infrastructure so as to revive the sector.
Jalal said with an annual auto import bill of more than N400 billion, the automotive sector in Nigeria was well positioned to improve the nation’s economy.
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On June 1919, British aviators John Alcock and Arthur Whitten Brown complete the first non-stop transatlantic flight.
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