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The automotive industry in Nigeria: problems and prospects

Serious national efforts towards the development of the automotive industry in Nigeria took place in the early 1970s, with initial joint venture agreement between Peugeot and Volkswagen companies. By 2001, there were over 20 different enterprises manufacturing different types of vehicles, from boats...

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Format: Article
Published: 2003-03
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LEADER 00000njm a2000000a 4500
001 oai:repository.ui.edu.ng:123456789/940
042 |a dc 
720 |a Filani, M. O.  |e author 
720 |a Ajayi, D. D.  |e author 
720 |a Gbadamosi, K. T.  |e author 
260 |c 2003-03 
520 |a Serious national efforts towards the development of the automotive industry in Nigeria took place in the early 1970s, with initial joint venture agreement between Peugeot and Volkswagen companies. By 2001, there were over 20 different enterprises manufacturing different types of vehicles, from boats to trucks, including motorcycles and bicycles and automobiles established in Nigeria. The capacity utilization of the majority of these companies, however, very low, largely due to the high cost of importing the components needed to assemble vehicles. The authors suggest that government policy should promote the development of a wholly made-in- Nigeria automobile, and that this would in turn stimulate the establishment of ancillary companies to supply the necessary components. 
024 8 |a 0029-0092 
024 8 |a The Nigerian Journal of Economic and Social Studies 45(1 and 2), pp. 115- 131 
024 8 |a ui_art_filani_automotive_2003 
024 8 |a http://ir.library.ui.edu.ng/handle/123456789/940 
245 0 0 |a The automotive industry in Nigeria: problems and prospects