NADDC Woos Spanish Investors To Nigeria

The director general, National Automotive Design and Development Council, (NADDC), Jelani Aliyu, has urged Spanish companies to invest in the production of vehicles in Nigeria.

The DG gave the advice as a panelist at the Nigeria-Spanish Business and Trade Forum, in Madrid, Spain, where President Muhammadu Buhari delivered the keynote address.

Aliyu, who highlighted the huge opportunities in the Nigerian automotive industry said, “Vehicles can be produced in Nigeria both for local markets and exports, leveraging on the Africa Continental Free Trade Area (AfCFTA).

“Nigeria is ready for innovation and advanced automotive solutions, products, and services and, Spanish companies could really add significant value to the automotive space in Nigeria.

“We are looking forward to furthering in-depth discussions with interested companies on how they can come in to be part of this incredible journey that we have started in Nigeria, especially in vehicle electrification,” he added.

The director general of the NADDC, had earlier participated as a Panelist Speaker at the Electric Vehicle Innovation Summit, EVIS, in Abu Dhabi, United Arab Emirates, held between the 23rd to 25th May 2022

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The summit brought together researchers, engineers, government officials, and electric vehicles related companies and institutions from around the world to explore and discuss the technical, policy, market, achievements, and potentials in electric mobility.

The DG discussed the Nigerian current achievements in electric mobility and presented the strong potential in the sector in Nigeria and Africa.

He also had talks with a number of executives including the delegation of a firm that produces solar-powered agricultural tractors; with a view to collaborate with the company in the local production of the tractors and make them available to Nigerian farmers.