By Moses Ebosele, ebosele@hotmail.com –
The immediate past National Automotive Design and Development Council (NADDC) Director in charge of Policy and Planning, Luqman Mamudu has commended the Nigerian Senate for passing the bill on National Automotive Industry Development Plan (NAIDP) on Thursday, November 16, 2017.
The next and final stage is for President Muhamadu Buhari to give presidential accent and the bill will become law. The House of Representative had earlier passed the bill.
In a chat with City BusinessNews (www.citybusinessnews.com) on Friday, Mamudu who played crucial role in the passage of the bill in the National Assembly said: “The future is promising especially with the passage of the NAIDP bill”.
Mamudu is a fellow of the Institute of Professional Industrialists and Management Development, Member of Nigeria Institute of Management, ISO Certified Quality systems Auditor, a Chattered Arbitrator and alumni of Kennedy School of Government, Harvard University.
Speaking on his plan for the future, Mamudu said: “I have set up consulting services to facilitate investment in the Nigerian automotive sector. I am encouraged because there will be demand for such services from existing and prospective assemblers. I intend to focus on providing data to inform investment decisions. This is at the moment deficient in Nigeria”.
He added: “I have existing relationship with automotive trade and investment association globally and will continue to work actively with them to grow the Nigeria industry. There is so much opportunity especially with respect to components and parts manufacturing.
“The NAIDP has development of automotive supplier parks as one of its main programme and as this is realized more global investors will need our guidance to locate in Nigeria.
“A critical volume of assembly capacity has been realized during the first three years of the policy 10 year lifespan. Value added has however been minimal as most of the assembling activities are at SKD level.
