Auto policy to create 700,000 jobs, says NIPC

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NIPC Executive Secretary, Ms. Yewande Sadiku

The Nigeria Investment Promotion Council (NIPC) has said the implementation of the new automotive policy would create over 700,000 jobs.

Speaking at the stakeholder’ forum on the Nigeria automotive industry, NIPC Executive Secretary, Ms. Yewande Sadiku, who was represented by Director, Department of Real Sector, NIPC, Mr. Reuben Kifasi, said the implementation of the automotive policy would create jobs in different clusters in the country and across the automotive value chain.

She said: “First and foremost, the automotive industry is the most global of industries and a clear policy and strategy will serve as the route map towards Nigeria becoming a major automotive hub and significant contributor to the global value chain.

“This will create much needed jobs, add value, boost exports, help local businesses to grow, stimulate regional development and sustain inclusive economic growth.”

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