The Chairman of Nigeria Automobile Technician Association (NATA) Lagos State Chapter, Mr. Jacob Fayehun, said Tuesday that Ajaokuta Steel Company can supply Nigeria with enough steel to produce its custom vehicles.
Fayehun spoke to newsmen in Lagos during an interview, and according to him, instead of establishing vehicle assembling plants, Nigeria had enormous facilities to produce its own model automobiles from steel.
He stated further that government need to review the curriculum of polytechnics and technical colleges and channel it towards producing Nigeria model vehicles in a way to meet up with the demand.
The NATA Chairman pointed out that Nigeria was blessed with human and natural resources, which made it easier for the country to produce its vehicles. He said that car manufacturers could depend on the available resources, as the country needed to diversify its economy towards auto technology rather than depending on oil revenue only.
“Nigerians technicians are good in repairing vehicles of all kind,” he said. He added that if government can impact a favourable policy, it would be easier to manufacture locally made-in-Nigerian vehicles.
Fayehun advised the government to fast track the development of Ajaokuta Steel Company to allow technicians have access to steel for production.
Recall that the Federal Government had on August 1 signed a renegotiated concession agreement with Global Steel Holdings Limited for the Nigerian Iron Ore Mining Company (NIOMCO), Itakpe – an agreement that reverted the Ajaokuta Steel Complex back to FG and effectively freeing the entity from all contractual encumbrances that had crippled from contributing to the countries economic growth.
Nigeria’s Vice President Yemi Osinbajo, who hailed the mediation process had assure the nation that resuscitating the company remains a top priority of the President Buhari’s administration.