MAY 27, 2019

ASPMDA REQUESTS GOVERNMENT UTILISE POTENTIAL

The Automobile Spare Parts and Machinery Dealers Association says the industry has not recorded growth as much as it should due to the lack of government support.

The President, ASPMDA Nigeria, Offorkansi Ebubedike, said auto parts dealers had the capacity to boost the country’s economy if given the necessary support.

Ebubedike, who was represented by the Secretary, Foreign Trade and Investment Committee, ASPMDA, Leo Okoye, at the recently concluded Lagos Motor Fair, said the Federal Government, through the Ministries of Technology, Trade and Investment or the National Automotive Council ,should open industrial hubs to take care of auto spare parts manufacturing for export.

He said, “We cannot move to greater heights without the support from government. Double taxation, multiple administrative bottlenecks in our seaports, bad road network and high interest rates are the clog on our wheels of progress.

“Our containers are left unattended to for months accumulating huge demurrages. Government should look into these areas; solve the ailing problems to pave way for our positive contribution in the economy.

“Sub-Saharan Africa depends on us for vehicle spare parts sourcing and procurement. On the West and Central Africa, we move our products through land borders while East and Southern Africa convey their goods by sea, through Lagos.”

He also urged the Federal Government to look into the relationship between the industry and China.

Source: Punch, May 2019