NATIONAL AUTOMOTIVE COUNCIL ACT
Act · Transport
An Act establishes the National Automotive Council to promote and coordinate the development of Nigeria's automotive industry. It targets vehicle manufacturers, assemblers, parts makers, and government agencies involved in the sector. This fosters a viable local automotive industry through incentives and policy coordination.
NATIONAL AUTOMOTIVE COUNCIL ACT
What Is This Policy?
An Act establishing the National Automotive Council to promote, develop, and coordinate the growth of Nigeria's automotive industry, now largely subsumed into NADDC.
Who Does It Target?
Vehicle manufacturers and assemblers Automotive parts manufacturers The National Automotive Design and Development Council (NADDC) Federal Ministry of Industry
What Does It Aim to Achieve?
Develop a viable indigenous automotive industry in Nigeria through policy coordination, incentive administration, and the promotion of local vehicle assembly and parts manufacturing.
Key Features
Industry Coordination: Coordinates policies across government agencies affecting the automotive sector. Incentive Framework: Administers incentives for vehicle assembly and component manufacturing. Standards: Sets quality and safety standards for locally assembled vehicles. NADDC Merger: Functions largely transferred to NADDC which serves as the current automotive policy body.
Current Status
Rollout Stage: Functions transferred to NADDC Coverage: Nigerian automotive sector Beneficiaries: Automotive investors; consumers Funding: Federal Government
How to Access
Engage NADDC for current automotive industry policy and incentives Application method: Apply to NADDC at https://www.naddc.gov.ng
Official Resources
Website: https://www.naddc.gov.ng Contact: National Automotive Design and Development Council (NADDC)
Legal Framework
Enacted under Section 4 of the 1999 Constitution. Operates alongside the National Automotive Industry Development Plan, the Nigerian Investment Promotion Commission Act 1995, the Industrial Development (Income Tax Relief) Act, the Customs and Excise Management Act for import duty concessions, and the Standards Organisation of Nigeria Act.