NAMA Calls for Protection of Local Auto Industry Amid 2026 Tariff Reforms
The Nigerian Automotive Manufacturers Association (NAMA) has appealed to the Federal Government to implement measures that will protect the country’s automobile manufacturing industry as the 2026 tariff reforms take effect.The association expressed concern that although the revised import duties are expected to make vehicles more affordable for consumers, they could also increase the influx of imported vehicles, making it difficult for local manufacturers to compete.
Speaking on the new fiscal measures, NAMA said Nigeria’s automotive industry has made significant progress in recent years through investments in local assembly plants, job creation and technology transfer. However, it warned that these gains could be undermined if the market becomes flooded with cheaper imported vehicles.
According to the association, a balanced policy is needed to ensure that consumers benefit from lower vehicle prices while protecting local manufacturers that have invested heavily in production facilities across the country.NAMA urged the Federal Government to introduce targeted safeguards, including incentives for local manufacturers, improved access to financing, stable industrial policies and stronger enforcement of the National Automotive Industry Development Plan.The association also emphasized the importance of supporting local component manufacturing to reduce dependence on imported parts and strengthen Nigeria’s industrial base.Industry stakeholders believe a thriving automotive sector has the potential to create thousands of direct and indirect jobs, increase government revenue and reduce the country’s reliance on imported vehicles.While welcoming the government’s efforts to improve the business environment through fiscal reforms, NAMA stressed that long-term success would depend on policies that encourage local production alongside fair competition.
Experts note that many countries with successful automobile industries adopted protective measures during the early stages of industrial development before gradually opening their markets to international competition.The association expressed optimism that continued dialogue between the government and industry players would result in policies that support both consumers and manufacturers.
As Nigeria seeks to diversify its economy and strengthen local manufacturing, the future of the automotive industry is expected to remain an important part of the country’s industrial development strategy.
