NAMA Wants Higher Tariff On Imported Vehicles

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Nigeria Automotive Manufacturers Association (NAMA) has called on the Federal Government to increase the tariffs paid by importers of vehicles into the country.

According to the Executive Director of the Association, Arthur Madueke, the present five percent regime was meager and can not keep manufacturers in business. Madueke who made the call when a delegation of automobile industry visited the Director-General of the Bureau of Public Enterprises (BPE), Dr Christopher Anyanwu, recently, also called for the full implementation of the 1974 law, mandating all tiers of government and their agencies to patronise locally assembled vehicles in Nigeria.

Madueke said, Nigeria stands to create over 2,000 jobs in the sector if properly harnessed and appealed to government to revamp the sector.

Director-General of the National Automotive Council (NAC), Aminu Jalal, who led the delegation also reiterated the importance of the sector to the development of Nigeria and said it must not be allowed to die.

He listed the challenges facing the sector as low patronage, low tariffs and epileptic power supply.

Director-General of BPE, Dr Christopher Anyanwu, in his response, called for collaborative effort by all relevant stakeholders to revive the power and automobile sectors in the country, regretting that the two sectors which are key to national development were performing abysmally. 

He said BPE was poised to galvanise attention in the two sectors and that as a first step, would be collaborating with the relevant stakeholders to immediately hold workshop to chat a new way forward for the two sectors.

Anyanwu noted that there is a systematic failure in all sectors of the economy but that BPE is determined more than ever before, to ensure a change which is why he said the Bureau would continue to liase with the National Assembly to legislate on the issues and pass the relevant laws.

According to him, the automobile industry particularly holds high potentials for the country and everything possible must be done