FG committed to fast-tracking legislative bill to boost local automotive industry -Gbajabiamila Assures

To support the regional car sector, the federal government has promised to expedite the approval of a legislative law. According to a press release from the State House, President Bola Tinubu, who is currently overseas, was represented by Chief of Staff Femi Gbajabiamila when he gave this assurance to a delegation from the Nigerian Automotive Manufacturers Association and the African Association of Automotive Manufacturers. Top representatives from the Nigerian Airspace Management Agency (NAMA), the National Automotive Design and Development Council (NADDC), and executive directors from Stallion Group, Toyota/CEAO, and NISSAN were present at the meeting, which was chaired by Minister of Industry, Trade, and Investment Doris Uzoka-Anite.

Gbajabiamila affirmed his commitment to accelerating a legislative process after being informed that the bill was under review by the Federal Ministry of Justice.

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“According to the spokesperson of one of the associations, the purpose of the visit was to apprise President Tinubu of the efforts being made to start manufacturing vehicle/spare parts in Nigeria. They informed the Chief of Staff to the President that a legislative bill to drive the automotive industry was being drafted and reviewed by the Federal Ministry of Justice.

“They emphasized the need to develop the industry, which would create massive employment for Nigerian youths and ease the burden on the much-needed foreign exchange.

“The Chief of Staff to the President, while thanking the delegation for the visit, assured them of the President’s commitment to Nigeria’s industrialization as evidenced by all of the policies being implemented under his administration.

“He promised to assist in facilitating the speedy passage of the legislative bill,” the statement read in part.