The National Automotive Design and Development Council, (NADDC) said it is set to hold a National Conference on Tyre Value Chain in Nigeria, as part of its wholistic approach towards making Nigeria the center of automotive activities in Africa.
With the Theme, a�?Strategy For Resuscitating The Tyre Industry In Nigeriaa�?, the Council said the conference will will go a long way in the quest to make the country self-reliant in the production of auto parts, and will have stakeholders from government and private sector in attendance and participation.
Making this disclosure in Abuja, the Director General of NADDC, Mr. Jelani Aliyu, (MFR), said the importance of tyre production value chain to the automotive sector cannot be overemphasized, pointing out tyre production in Nigeria can be sustained through the use of local raw materials.
The NADDC director general said wealth and jobs can and would be created, while foreign exchange would be preserved when the potentials of the tyre value chain is realized.
According to Aliyu, the option available to tyre industry stakeholders in the Nigerian tyre sector is to take bold step in reviving the tyre industry for the collective benefits of the nation.
a�?It is in view of the foregoing that the NADDC is organizing a national conference on tyre value chain in Nigeria. Stakeholders are expected to discuss the challenges and proffer solutions to the multifaceted problems facing the industrya�?, the director general said.
He explained that the conference was being organized in collaboration with all key stakeholders in the industry, saying issues related to the tyre manufacturing, marketing as well as government policies and incentives will be discussed at the conference.
On his part, the Director of Policy and Planning at the Council, Alhaji Mohammed Musa Sani, said over 150 participants and stakeholders are expected from both global and local parts and equipment manufacturers.
According to him, executives in automotive and tyre manufacturing, supporting industries, executives in finance institutions, investments, private and equity funds are also expected to attend and make inputs at the conference.