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FG Seeks Spanish Investment Into Auto Component Production

FG Seeks Spanish Investment Into Auto Component Production

Jelani Aliyu, the Director-General, National Automotive Design and Development Council, NADDC, has called on Spanish companies and groups to invest in the production of vehicle components in Nigeria. DAILY NIGERIAN reports.

Mr Aliyu made the call on Thursday while speaking as a Panelist at the Nigerian-Spanish Business and Trade Forum in Madrid, Spain. Information Guide Nigeria

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According to him, by leveraging the Africa Continental Free Trade Area, AfCFTA, the investors will produce the auto components for both the local market and exports to other African countries.

While highlighting the opportunities in the local production of automotive components that could be shipped to Spanish and other European automotive assembly plants, Mr Aliyu said: “Nigeria is ready for innovation and advanced automotive solutions, products and services.”

Mr Aliyu added that Spanish companies could really add significant value to the automotive space in Nigeria. jamb results

“We are looking forward to further in-depth discussions with interested companies and how they can come in to be part of this incredible journey that we have started in Nigeria, especially in Vehicle Electrification,” the director-general added.

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Goodnews

Essien, Goodnews is a gruaduate of Communication Arts, University of Uyo, Uyo; Currently working at Infoguide Media as a news writer.

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