ECONOMIC INSIGHT >> Senate commends NADDC over made in Nigeria vehicles initiative

As the country gets set for the production of wholly made in Nigeria vehicles, the Senate Committee on Industry, Trade and Investment, said the committee was very pleased with the Nigeria Automotive Design and Development Council (NADDC) over the level of work that has been done to supervise the project at the Lagos State Polytechnic.

The Senate committee lauded the NADDC over its prudent use of budgetary allocations, especially in funding new projects and completing abandoned ones.

The Chairman of the Committee, Sen. Sam Egwu, who led members of his committee on an inspection of the project in Lagos on Tuesday, said the oversight tour was to supervise the ongoing project and to ensure that the appropriated funds were properly utilised.

Sen. Egwu said the oversight visit was in pursuant of the constitutional responsibility spelt out in Sections 88(1) (2) and 89(1) (2) of the Constitution of the Federal Republic of Nigeria 1999 (as amended), adding that the purpose of the visit was to conduct assessment on the level of implementation.

Egwu said this was the second time the committee would embark on a similar visit to the institution, pointing out that from what he had seen so far, that the project would be ready for commissioning by January 2019.

The Director General of NADDC, Mr. Jelani Aliyu (MFR), said the council was committed to the realisation of the production of wholly made in Nigeria vehicles as soon as possible.