The Automotive Industry in Nigeria: Trends, Challenges and Prospects in the 21st Century.

Abstract

This paper reviews and examines the historical development of the automotive industry in Nigeria alongside the national automotive council which is a major indicator for the reawakening and growth of the Nigeria auto industry. The activities, achievement, challenges and prospect of the automobile industry were theoretically ex-rayed. The study recommends among others: the review of automotive policy to favor Nigerian auto industry, acquiring modern engineering infrastructure for efficient production, reviewing tariff to discourage importation, encouraging patronage of local automotive products and the review of the Factories Act to make the penalty harsher for defaulters of the national automotive council laws, rules and regulations so as to encourage the growth of the indigenous automobile industry.