Obaseki, Auto Council, others engage in Ben Auto Auto devt



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Concerned about the development of the largest automobile sales market in West Africa, Edo State Governor, Mr. Godwin Obaseki, said that the state was ready to explore a large-scale partnership with NADDC. and the African Automobile Manufacturers Association (AAAM), updating Benin Auto Park, located in Benin City.

Governor Obaseki, who said that at the Edo Automotive Investment Forum, held in Benin City, noted that the state government was ready to provide the necessary support structures to facilitate the establishment of the Global car actors in the park, located opposite the Benin Industrial Park (BIP).

An AAAM delegation, which was mandated to the world office, to explore investment opportunities in Nigeria's auto industry.

The Forum was attended by CEOs and other representatives of global automakers, including Graffiti SA, Nissan, Toyota, Deloitte, Gauteng Infrastructure Finance Agency (GIFA) , Automotive Industry Development Center, DataDot Technology, Standard Bank of South Africa, International Finance Corporation and Afropulse Group

. The state has a robust automotive sales and service sector, which guarantees an impressive ROI.

Noting that the Benin car fleet will transform Nigeria's auto industry He added that the park would benefit Nigerians of the opportunity to be able to buy new cars at affordable prices and benefit from services high-end after-sales.

"We want you to work with a car dealership to create the biggest single market in Benin City, where people can buy cars, we want to properly organize car dealerships in Benin City, transform the automotive components sector and attract investment in the state. "

Dr. Jelani Aliyu, the chief executive of NADDC, said the council is excited about the proposal of the Edo state government, and sees at least two growth scenarios.

According to him, "with this support from the state government, I see the state becoming a focus for auto sales. The first instance will see the state go from the supply of used cars to new cars.In addition, we see the influx of automotive component manufacturers, which are also here. "

For its part, Thomas Schaefer, CEO of Volkswagen Africa South, said the delegation is keenly interested in the Nigerian market, its growth and deepening of investments, especially with the rise of the auto policy.

According to him, "the car industry is quite critical in South Africa, it generates 350 000 jobs, the market boasts 600 000 new cars, there are no imports, we hope to reproduce that in Nigeria and we are interested in the Nigerian market.

"We are interested in Nigeria and the state of Edo and are impressed by the proposal for Benin Auto Park. We hope to deepen the partnership, "he said.

Deloitte Africa Managing Director, Lwazi Bam, said the delegation has the mandate of global companies to explore investment opportunities in the world. country, noting that it was impressive for Governor Obaseki to actively push for diversification of the state economy.

According to him, "these individuals have a strong belief in the state of the economy. Africa and progress of the continent. It is interesting to see Governor Godwin Obaseki talk about plans to diversify the state's economy and encourage them to do so.

"There has been a lot of talk about economic diversification in Africa, but we need people to lead the charge." The Edo state governor is leading the charge in the state. Edo

"As we speak with the federal government on the diversification and development of the automotive sector. We must also talk with the state government because it is in the states that factories and industries will be located. "

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