Automative Industry: Reps, NADDC Mull Stronger Legislative Muscle
*Automotive sector vital to industrialisation, job creation, tech-transfer, says council DG Omon-Julius Onabu in Asaba The House of Representatives Committee on Industry and the National Automotive Design and Development Council
The House of Representatives Committee on Industry and the National Automotive Design and Development Council (NADDC) are in discussions to strengthen the legislative powers of the automotive industry sector. This process aims to meet contemporary global challenges and promote the Nigerian economy. A key agenda item for a four-day strategic capacity building retreat in Asaba, Delta State, is a legislative reform for the automotive sector.
This reform is crucial as it addresses policy sustainability concerns raised by investors and ensures local investments are safeguarded. Otunba Oluwemimo Joseph Osanipin, the Director-General/CEO of NADDC, emphasized the importance of stronger legislative oversight to align with global industrial shifts and build investor confidence.
He highlighted the NADDC's efforts in expanding local vehicle assembly capacity, advancing clean energy transitions, and upgrading technical training infrastructure. The retreat's focus encompasses Global Trends & Local Impact, Performance Stocktaking, and Bottlenecks, aiming to develop a One-Year Joint Action Plan between the Council and the House Committee.
This plan will include actionable goals, clear tasks, and monitoring indicators. Collaboration between the national legislature and the Executive is deemed essential in positioning the automotive sector to tackle future challenges and leverage its potential at both local and international levels.
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