By Nigeria’s push for industrialization will remain stalled unless the country builds a competitive and thriving automotive sector, Minister of State for Industry, Trade, and Investment John Owan Enoh has warned.
Speaking at the unveiling of NEV Motors’ EV T6 electric buses, Enoh emphasized that a strong auto industry is essential for job creation, economic transformation, and Nigeria’s ability to compete globally.
“If we truly want to industrialize, reduce unemployment, and create wealth, the auto sector must be at the heart of our strategy,” he stated. “The world is moving forward with advanced mobility solutions, and Nigeria cannot afford to be left behind.”
To accelerate development, Joseph Osanipin, Director-General of the National Automotive Design and Development Council (NADDC), highlighted the need for affordable electric vehicles (EVs). He stressed that widespread adoption requires a strong financial framework and critical infrastructure.
As part of this effort, the federal government has introduced a N20 billion financing scheme through NADDC’s partnership with the Nigerian Consumer Credit Corporation (CREDICORP) to make locally-produced vehicles more accessible to Nigerians.
Beyond financing, Osanipin revealed that NADDC is working with stakeholders to expand EV charging infrastructure, warning that without a comprehensive support system, Nigeria’s transition to clean energy will be slow.
