The federal authorities has counseled Elizade JAC Autoland Restricted for its investments in Nigeria’s automotive sector, reaffirming its dedication to supporting native manufacturing and enhancing entry to inexpensive brand-new automobiles.
The minister of Trade, Commerce and Funding, Dr Jumoke Oduwole, gave the commendation throughout a go to to the corporate’s headquarters and meeting plant in Ikotun, Lagos, the place she toured the services and inspected its meeting strains.
Dr Oduwole mentioned the size of funding and technological upgrades at Elizade JAC align with President Bola Tinubu’s industrialisation agenda. She famous that the corporate’s method goes past automobile meeting, highlighting its dedication to product high quality, sturdiness and accountability.
Based on the minister, elevated native automobile manufacturing is vital to lowering Nigeria’s dependence on imported completed automobiles and strengthening the manufacturing base.
The managing director and chief government officer of Elizade JAC Autoland, Demola-Ade Ojo, described the go to as well timed, saying the corporate is targeted on optimising its present operations whereas planning additional enlargement.
He mentioned Nigeria’s auto market stays dominated by used automobile imports primarily because of value concerns. Nonetheless, he famous that Elizade JAC plans to accentuate campaigns from 2026 to advertise the advantages of latest automobiles, together with security, environmental sustainability and financial worth.
Govt director, Gross sales, Biola Odukomaiya, mentioned the corporate is positioning its automobiles as full possession packages slightly than standalone merchandise. He defined that prospects profit from bundled upkeep and after-sales help geared toward lowering issues related to proudly owning new automobiles.
Odukomaiya added that by providing competitively priced automobiles with robust service backing, Elizade JAC goals to make brand-new automobiles extra accessible to Nigerians.
