Government and leaders in Nigeria’s automotive industry will on June 16, 2014 gather in Lagos to discuss the opportunities presented by the new automotive policy the country introduced on October 3, 2013, which it called the Nigerian Automotive Industry Development Plan (NAIDP).

The NAIDP is a 10-year strategic framework that incorporates measures and incentives which have been designed to expand the nation’s vehicle and auto-parts manufacturing industries.

“The automotive sector is a key component of the Federal Ministry of Industry, Trade and Investment’s five year Nigerian Industrial Revolution Plan (NIRP), which aims to diversify Nigeria’s economy and increase the manufacturing sectors contribution to the country’s GDP,” said a spokesperson for Kempstone Media.

The summit will be an opportunity for networking with leaders in the automotive industry and policy makers, as well as gain insight into the government policy and market trends in the West African country.

It will also highlight opportunities for industrial infrastructure development, cooperative technology development, education, training, joint ventures, investment, training, education and training.

Nigeria’s Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, who recently described the progress of the NAIDP as encouraging, has been confirmed to be one of the speakers at the event. He is expected to among other things, share the crucial steps being taken by the government to support and maximize the potential of the country’s automotive industry.

Senior designer at General Motors and designer of the Chevy Volt, Jelani Aliyu and former South African Minister of Public Enterprises, Alec Erwin will also speak at the event.