asd
Thursday, July 18, 2024
Home Business NADDC IS SET TO  MOVE FROM SKD TO CKD - OSANIPIN 

NADDC IS SET TO  MOVE FROM SKD TO CKD – OSANIPIN 

Director General, National Automotive Design And Development Council (NADDC)
 Oluwemimo Joseph Osanipin has
reiterated the Council’s commitment to move the Nigeria auto industry from Semi- Knocked Down (SKD) to Completely- Knocked Down (CKD)production capacity in the nearest future.
This is coming on the heel of the
the familiarization visit to the local auto assembly plants, and  NORD Motors, Proforce, Mikano Motors , CIG and Simba Group on Tuesday 9th July, 2023.
In a statement during the tour, signed by the agency, the Director General says “At NADDC, our ambition is to increase the local components of every vehicle that is coming out from the assembly plants. Basically our intention is to move from SKD to CKD in the next three to four years”.
 Osanipin says, the facilities have enough capacity in terms of installed capacity and level of operation even beyond the perception of the public.
“The essence of this tour  is to establish where we are, what is our reality, where are we in moving from Semi Knock Down to Completely- Knocked Down ?
And from what we have seen, we have seen what we need to do, those we need to talk to, and the kind of synergy we need to have with other stakeholders to move ahead” he added.
To achieve CKD production capacity in the auto industry, the DG says there is need to do backward integration and meet the components manufacturers and start bringing them up, because it is a complete ecosystem and no one can do it alone”.
He however applauded the readiness of the assembly plants to embrace CNG- production as some of the auto makers were already producing either direct CNG- Powered vehicles or converting to CNG.
Responding, the Managing Directors/ CEO’s expressed their profound gratitude for the efforts of the NADDC  Chief in propelling the local automotive industry, adding that with proper regulations and consistent enabling environment, the auto manufacturers could achieve CKD in no distant time.
RELATED ARTICLES

NAICOM LAUNCHES COMPLAINTS PORTAL TO ADDRESS INSURANCE RELATED ISSUES

In an effort to effectively address complaints and ensure swift resolution to all Insurance related issues, the National Insurance Commission has launched the NAICOM...

NAICOM  COLLABORATES WITH NFIU ON FINANCIAL ACTION TASK FORCE .

NAICOM  COLLABORATES WITH NFIU ON FINANCIAL ACTION TASK FORCE . The Commissioner for Insurance/CEO of the National Insurance Commission, NAICOM,  Olusegun Ayo Omosehin, alongside   his...

HOUSE COMMITTEE ON CUSTOMS COMMENDS NCS FOR INCREASE IN REVENUE.

HOUSE COMMITTEE ON CUSTOMS COMMENDS NCS FOR INCREASE IN REVENUE. The Nigeria Customs Service  (NCS) receives commendation from the House Committee on Customs and Excise...

Most Popular

NAICOM LAUNCHES COMPLAINTS PORTAL TO ADDRESS INSURANCE RELATED ISSUES

In an effort to effectively address complaints and ensure swift resolution to all Insurance related issues, the National Insurance Commission has launched the NAICOM...

NAICOM  COLLABORATES WITH NFIU ON FINANCIAL ACTION TASK FORCE .

NAICOM  COLLABORATES WITH NFIU ON FINANCIAL ACTION TASK FORCE . The Commissioner for Insurance/CEO of the National Insurance Commission, NAICOM,  Olusegun Ayo Omosehin, alongside   his...

HOUSE COMMITTEE ON CUSTOMS COMMENDS NCS FOR INCREASE IN REVENUE.

HOUSE COMMITTEE ON CUSTOMS COMMENDS NCS FOR INCREASE IN REVENUE. The Nigeria Customs Service  (NCS) receives commendation from the House Committee on Customs and Excise...

CBN SELLS $122.671 MILLION TO 46 AUTHORISED DEALERS.

CBN SELLS $122.671 MILLION TO 46 AUTHORISED DEALERS  The Central Bank of Nigeria  (CBN)   says it has sold the sum of US$122,671,000.00 (One Hundred and...

Recent Comments