JAC Motors, has called on the Federal Government of Nigeria to immediately sign Nigeria’s automotive policy into law, recounting it as a critical move that will attract foreign investments, strengthen local vehicle assembly, and reduce over dependence on imported used automobiles.
This request was made by Mr Oscar Yu who is the General Manager of JAC Motors, during a strategic visit to the JAC truck assembly plant operated by Lanre Shittu Motors in Lagos
The General Manager highlighted that Nigeria’s large market of more than 200 million people represents huge potential for the automotive industry, but stressed that the absence of a legislated automotive policy continues to weaken investor confidence.
“A properly legislated automotive policy will encourage more Original Equipment Manufacturers to invest in Nigeria. This will enable the production of affordable, brand-new trucks and guarantee better returns on investment for buyers,” he said.
The Managing Director of Lanre Shittu Motors, Mr Taiwo Shittu in his remark recounted that JAC as an exceptional and dependable partner. “JAC is the most encouraging company we have ever worked with. They are sincere, respectful, and always deliver on their promises. They understand our culture and treat us as true partners,” Shittu said.
He highlighted the importance of collaboration and how it has enabled LSM to expand its product offerings while maintaining its reputation for reliability in the Nigerian market.
Similarly, Mr Saheed Shittu, Executive Director of Finance at LSM, hailed the visit of JAC’s top management as “historic and strategic.” He stressed that the move would further strengthen the longstanding relationship between both companies and provide Nigerian customers with improved automotive solutions.
“We remain committed to providing customers with reliable products backed by genuine parts and strong after-sales service. This partnership with JAC is helping us deliver on that promise,” Saheed said.
Lanre Shittu Motors presently gather JAC trucks in Nigeria and has consistently earned recognition for its quality standards, winning multiple awards at the Nigeria Auto Journalists Awards.
Industry collaborators believe that with the right approach framework, Nigeria could replicate the success of automotive hubs in Asia and South America, leveraging its population, growing economy, and strategic regional position.
