Tag: bambo adebowale
As countries position to take advantage of the opportunities in the Africa Continental Free Trade Area, we will examine Nigeria's preparations and if Africa's largest economy can adequately compete in the automotive industry. Bambo Adebowale, Chairman of the Auto and Allied sector of the Lagos Chamber of Commerce joins CNBC Africa for more.
Nigeria’s National Automotive Design and Development Council (NADDC), says stakeholders are reviewing the country’s Automotive Policy Bill and Nigerian Automotive Industry Development Plan in other to resend both bills to the National Assembly. Meanwhile, the NADDC says the Auto Industry attracted N360 billion worth of investments in 2019. Bambo Adebowale, Chairman of Auto and Allied Sector at the Lagos Chambers of Commerce and Industry (LCCI) joins CNBC Africa to discuss the prospect of Nigeria’s Auto sector.
Some auto-industry experts have welcomed President Muhammadu Buhari's rejection of the Auto Policy Bill, as they believe, the bill was not in the best interest of the country. Bambo Adebowale, Chairman Auto & Allied Sector at the Lagos Chambers of Commerce and Industry joins CNBC Africa for more.