Featured Industry & Commerce

FG addressing automobile industry challenges – Minister

The Minister of Industry, Trade and Investment, Adeniyi Adebayo, has described the automobile industry as one of the sectors with huge potentials, adding that his ministry was unrelenting in its effort to mitigate challenges confronting the sector.

Adebayo made this known at the inauguration of ride-hailing brand, Africar, in Ibadan, Oyo State, recently, an event that was attended by government officials and industry stakeholders.

A part of the Stallion Group, Africar is a technology startup with a vision to operate and develop transporting solutions through ride hailing.

The minister, in a statement, noted that Africar had the potential to transform the transportation industry in the state, providing both employment opportunities and low-cost rides.

He was quoted as saying, “A ride-hailing app that uses only locally assembled cars has the potential to transform the local industry.  Integration of Nigeria’s automobile industry is a key presidential priority area. It is an area with huge potential and the ministry is working assiduously to mitigate the challenges it has

Related posts

Reps task FG on dry ports

By Kunle SHONUGA

CJN’s arraignment at CCT stalled, now fixed for Jan. 22

Editor

Nigeria to deliver 5GW of electricity by 2022, NNPC says

Our Reporter

Let’s appreciate, patronise our natural resources – Minister

Editor

Bank deposits rose by N6.95tn in one year – CBN 

Our Reporter

DAPPMA insist on total deregulation of Nigeria’s fuel market to libralise pricing

By Abisola THOMPSON