Skip to content
September 10, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • National News
  • Senate holds stakeholders roundtable to revitalise Nigerian automotive industry
  • National News

Senate holds stakeholders roundtable to revitalise Nigerian automotive industry

Admin November 17, 2025
Senate passes Finance Bill

Senators in session

Nov. 17, 2025

The Senate Committee on Industries has called for urgent measures to revitalise Nigeria’s automotive sector, emphasising the need for legislative and policy interventions to unlock the industry’s huge potentials.

Sen. Francis Fadahunsi, made the call in an address at the Committee’s Stakeholders Roundtable in Abuja on Monday.

The theme of the meeting was “Revitalising Nigeria’s Automotive Industry: Legislative Pathways for Innovation, Investment and Industrial Growth”.

The roundtable was organised by National Automotive Design and Development Council (NADDC).

It brought together government officials, industry players and other key stakeholders to examine challenges and chart a strategic pathway for growth.

According to Fadahunsi, the theme highlighted the sector’s untapped potentials in spite Nigeria’s large domestic market and abundant natural and human resources.

“Although Nigeria is widely recognised as a leading economy on the African continent, its automotive industry has remained largely underdeveloped.

“The considerable gap between its potentials and the reality on the ground needs to be urgently addressed.

“More so, the negative economic implications of a poorly developed automotive industry cannot be overemphasised,”he said

The senator outlined key areas for discussion, including the implementation status of the Nigerian Automotive Industry Development Plan (NAIDP 2014–2024) backward integration and local content in the auto assembly subsector.

He said other areas to be discussed included the industry challenges and solutions and necessary policy and legislative actions to boost industrial growth.

Fadahunsi commended the work of the NADDC, describing the Director-General as “one of the shining lights of this Ministry”for his contributions to the automotive sector.

He further acknowledged the support of auto manufacturing and assembly companies and reiterated the committee’s commitment to partnering with stakeholders.

“I trust that the outcome of this roundtable will inform series of legislative actions that will ultimately turn around the fortunes of the auto industry for the better,”he said.

The roundtable is expected to foster collaboration among government, industry and lawmakers to enhance local production, attract investments, promote innovation and strengthen Nigeria’s automotive industry as a driver of economic growth.(NAN)

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: NADDC NAIDP 2014–2024) Sen. Francis Fadahunsi

Post navigation

Previous Schneider Electric Innovation Day Nigeria 2025: TD Africa inks landmark MoU for AI-powered data centres
Next Emadeb Petroleum Exploration & Production company achieves first oil from Ibom field

Related Stories

2027: President ​‌‌‌⁠‍‍⁠⁠‌‍‍⁠‍‌‌​‌‌​Tinubu, APC pray court to dismiss Atiku’s alleged forgery suit security agencies
  • National News

2027: President ​‌‌‌⁠‍‍⁠⁠‌‍‍⁠‍‌‌​‌‌​Tinubu, APC pray court to dismiss Atiku’s alleged forgery suit

September 10, 2026
Customs seizes N43.5bn narcotics, drones, expired goods at Apapa Port federal republic of nigeria
  • National News

Customs seizes N43.5bn narcotics, drones, expired goods at Apapa Port

September 10, 2026
Akpabio petitions DSS over purported anti-North comment
  • National News

Akpabio petitions DSS over purported anti-North comment

September 10, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

2027: President ​‌‌‌⁠‍‍⁠⁠‌‍‍⁠‍‌‌​‌‌​Tinubu, APC pray court to dismiss Atiku’s alleged forgery suit security agencies
  • National News

2027: President ​‌‌‌⁠‍‍⁠⁠‌‍‍⁠‍‌‌​‌‌​Tinubu, APC pray court to dismiss Atiku’s alleged forgery suit

September 10, 2026
Customs seizes N43.5bn narcotics, drones, expired goods at Apapa Port federal republic of nigeria
  • National News

Customs seizes N43.5bn narcotics, drones, expired goods at Apapa Port

September 10, 2026
Akpabio petitions DSS over purported anti-North comment
  • National News

Akpabio petitions DSS over purported anti-North comment

September 10, 2026
Amnesty: 4,000 Nigerians with irregular migration status have left India — Envoy
  • National News

Amnesty: 4,000 Nigerians with irregular migration status have left India — Envoy

September 10, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.