The Nigerian government is reaching out to its Japanese counterpart for assistance in recycling huge and disused vehicular carcass that littered the country’s landscape, in order to reduce unemployment, transfer skills, create wealth and reduce poverty.
The private Vanguard newspaper on Tuesday reported that the Permanent Secretary, Ministry of Industry, Trade and Investment, Ambassador Abdulkadir Musa, made the Nigerian government position known in Abuja, while speaking at a technical meeting between officials of the ministry and those of the Japan International Cooperation Agency (JICA) on the development of Automobile Supplier Parks in Nigeria.
“For each new car in Nigeria we have 20 used cars. It is a big market to recycle vehicle in this country which may serve as avenue for employment and skills acquisition as well as opportunity for manufacturers to replace used cars with new one”, the newspaper quoted the Permanent secretary as saying.
Following the down turn in the economy from the 80’s, Nigeria became one of the highest importer of used cars in the world, mostly from Europe, Japan and the United States.
The ratio of new and used cars in Nigeria is between 5: 95% in favour of used cars. This is so because used cars are affordable to the average Nigerian.
This also explained the reason the government, under its Transformation Agenda, developed a holistic auto policy that emphasizes greater local content.
According to the leader of the Japanese team, Mr. Akihiro Shimomura, “JICA decided to conduct a survey to gather information of the automotive sector in Nigeria in response to the request from the Nigerian government.”
JICA, in collaboration with the ministry, will carry out a survey that will identify auto clusters areas in the country.
The survey team is expected to widen their survey across the country in order to get a true picture of the data of automobile in the country.
Some of the key objectives of the survey was to analyze the current issues on the development of the automotive industry in Nigeria, policy and strategy.
Others include the development of institutional framework and progress of the sector as well as sort out political and technical issues on the promotion of domestic production vehicles in Nigeria.