The National Automotive Design and Development Council (NADDC) has reaffirmed Nigeria’s commitment to becoming a leading automotive manufacturing hub in Africa. This follows a high-level strategic meeting with the Asia Economic Development Committee (AEDC) focused on electric vehicle (EV) technology transfer, local manufacturing, and capacity development which took place at the Council Headquarters in Abuja on 29th January, 2026.
The meeting brought together senior officials from the Federal Ministry of Industry, Trade and Investment, NADDC management, AEDC members, and key Nigerian automotive sector players.
NADDC Director-General Otunba Oluwemimo Joseph Osanipin welcomed the AEDC delegation, emphasizing Nigeria’s readiness to collaborate with international partners to accelerate automotive industry growth.
AEDC Chairman Mr. Yoon Suk-hun outlined the committee’s commitment to transferring EV technology to Nigeria, citing Korea’s industrial development model. He stressed Nigeria’s potential to develop national automobile brands with the right partnerships.
Discussions highlighted technology transfer, local manufacturing, and leveraging the African Continental Free Trade Area (AfCFTA) for exports. Presentations showcased Nigeria’s growing automotive capacity, including NEV Electric Motors and Lanre Shittu Motors’ local assembly operations.
NADDC presented the Nigeria Automotive Industrial Development Plan (NAIDP), focusing on investment promotion, market expansion, local component development, and capacity building. Both parties expressed optimism about the partnership, paving the way for large-scale EV manufacturing and sustainable growth.
In closing remarks, NADDC and AEDC representatives expressed optimism about the partnership, citing strong political will, NADDC’s leadership, and a shared vision for Nigeria’s automotive future. The meeting concluded with assurances on executing the proposed MoU, paving the way for large-scale EV manufacturing, skills development, and sustainable growth in Nigeria.
