Commercial Attaches of diplomatic missions in Nigeria have been briefed on the enormous investment opportunities available in the emerging automotive industry in Nigeria especially in the area of automotive local components development.
This was at an interactive forum hosted by the Nigerian Investment Promotion Commission (NIPC) for the Commercial Attaches today Tuesday March 14, 2017 during which Director General of NADDC, Engr. Aminu Jalal led the top management team of the Council to brief the diplomats.
Among the management team of NADDC at the NIPC briefing were Mr. Luqman Mamudu, Director Policy and Planning, Engr. Waheed Kolapo Odetoro, Director Industrial Infrastructure and Mrs. Joke Onireti, Assistant Director Industrial Infrastructure.
At the head of the NIPC Management team present was the Executive Director/CEO, Ms. Yewande Sadiku while the Commercial Attaches were from several diplomatic missions including Brazil, Turkey, South Africa, Egypt, Mexico, Argentina, etc.
In her presentation, NIPC boss, Ms. Yewande remarked that the commission had been collaborating closely with NADDC over the years because of the huge impact of the auto industry in job creation; adding that NIPC would also work more closely with Commercial Attaches to promote more investments in the automotive sector of the economy.
NADDC DG, Engr. Aminu Jalal stated that the Commercial Attaches Interactive Forum was initiated to reassure all foreign investors that government was committed to the full implementation of the Nigerian auto policy, stressing that generous incentives were embedded in the policy.
Engr. Jalal added that the forum was convened to carry the commercial attaches along in the preparations towards the forthcoming Nigerian Automotive Components Investors Conference scheduled to hold from June 13 - 14, 2017 at Oriental Hotel, Lekki, Lagos.
The main objective of the June conference is to showcase to the international community the investment opportunities in the Nigeria automotive components market and discuss the package of support the Federal Government of Nigeria has developed to promote investments in the sector.
It is expected to provide a unique opportunity for leading automotive components manufacturers (OEMs) to gain a deeper understanding of the Nigerian market and establish connections with the highest level professionals in the Nigerian Government, regional auto industry and the Nigerian market.
Participants would also be availed the opportunity to visit some vehicle assembly plant operating in Lagos.