In a bold move to reduce the country’s dependence on imported vehicle spare parts, the Federal Government has established the necessary frameworks for local manufacturing of essential components.
This development is expected to save Nigeria a whopping $1 billion annually, currently spent on importing spare parts.
The National Automotive Design and Development Council (NADDC) has spearheaded this initiative, with Director General Joseph Osanipin announcing the breakthrough at an event in Abuja on Saturday.
