Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


ECOWAS calls for regional strategy to develop automotive industry

03 December 2015, 20:21

Lagos - Mr Kalilou Traore, ECOWAS Commissioner for Industry and Private Sector Promotion, has stressed the need for a coordinated regional strategy for the development of the automotive industry.

Traore said at a workshop organised by ECOWAS on: "The Development of Automotive Industry in West Africa ", that it was regrettable that ECOWAS currently lacked such strategy.

The commissioner said there was a need for such a strategy to increase the market and volume of new and used cars imported into the region.

He noted that available data revealed that the regional development of the automotive industry in member-states was still low compared to the level of import.

Also read: ECOWAS visits Buhari, deploys 250 observers to Nigeria

Traore emphasised that the consequences of the lack of strategy was detrimental to economic growth in terms of capital flight, unemployment and underdevelopment.

He said that it was in an effort to solve the problem, the ministers of Industry of ECOWAS at a meeting held in Accra in April mandated the commission to examine possibilities of developing a regional automotive industry policy.

The commissioner said that the development of the strategy would require the political will for cooperation among member-states to ensure its success.

Mr Aminu Jalal, Director General, Nigerian Automotive Council, said the policy was among the four key areas of development identified by ECOWAS.

He said that ECOWAS Auto Policy would attract more investors, fast track economic growth and development in West Africa. 




Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...