NAIDP Will Stimulate Growth In Automotive Industry – NECA | Independent Newspapers Limited
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NAIDP Will Stimulate Growth In Automotive Industry – NECA

Posted: Nov 20, 2015 at 8:15 am   /   by   /   comments (0)

The Nigeria Employers’ Consultative Association (NECA) has expressed confidence in the National Automotive Industry Development Plan’s (NAIDP) potential to develop the nation’s automotive industry.

The association said it was worried over calls by a section of Nigerians for the Federal Government to jettison the National Automotive Policy. The Director-General of NECA, Olusegun Oshinowo, observed that the policy was designed to stimulate growth in the automotive industry and overall evolution of the economy, adding that it was also viewed to be of immense strategic importance to the economy, being a critical employment multiplier.

He said: “One developmental challenge of Nigeria and major hindrance to sustainable national growth had been successive government’s policy inconsistency and programme somersault.

“The time has come for succeeding government to put the economic interest of the country ahead of political considerations. Government should imbibe the culture of adopting well-meaning policies of past governments. The automotive policy is one of such that needed to be sustained.”