Business
‘Auto Policy Can Boost Industrial Transformation’
The Chairman, Abuja
Car Dealers Association, Mr Auwal Rilwan, said the Federal Government’s new automotive policy could help in realising the nation’s industrial transformation agenda.
Rilwan told newsmen in Abuja that for the policy to achieve the desired results, necessary measures to ensure its successful implementation should be put in place.
The Tide source reports that the policy, officially known as the Nigeria Automotive Industry Development Plan (NAIDP), is designed to resuscitate the local automobile industry by increasing tariff on imported vehicles.
Rilwan said although some aspects of the NAIDP were unfavourable to car dealers in the short term, it was one of the revolutionary policies of the present administration.
He identified one of the “unfavourable aspects“ as the hike in vehicle import tariff, which he said would hike the country’s car market up until local manufacturers began full operations.
“Our government has good policies and programmes such as the new automotive policy that can transform this country.
“The problem has always been poor implementation and lack of continuity by successive administrations.
“This administration has shown some signs of seriousness in developing the automotive industry through this policy, but experience has shown that there may not be continuity.”
Rilwan urged the Federal Government to put adequate measures in place, including legal backing, to ensure the sustenance of the new policy.
The Director-General, National Automotive Council (NAC), Mr Aminu Jalal, had told reporters in March that the council was working on a bill to provide legal backing for the policy.
Jalal said that NAC was collaborating with relevant regulatory agencies on the draft bill which would be sent to the National Assembly before the end of the current legislative year.
“The proposed legislation would be on the general guidelines of the policy to ensure that it could not be easily changed.
“Legislation is very critical because if the policy remains at the circular stage, anybody can just issue a counter circular and reverse the whole thing,’’ he had said.
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