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Lubrex strengthens its African operations by exhibiting at the West Africa Automotive Show!

Lubrex, the leading regional lubricant manufacturing company, is participating in the upcoming West Africa Automotive Show (WAAS) held in Nigeria. Based in UAE’s Hamriyah Free zone, Lubrex is looking forward to expanding its regional reach to meet with new channel partners and suppliers from the west Africa region.

Through its participation, Lubrex will promote its African market shares and provide a comprehensive picture of the range of products and services company offers with the aim to reach new customers and distributors, in addition to business networking, brand awareness, and staying up to date with new market trends.

Commenting on the importance of this participation, Abbas Moniri, Managing Director of Lubrex noted: “With over 100 exhibitors and 3,500 attendees, WAAS is considered as an integral part of the automotive industry in the region as it will bring together global suppliers, dealers, and manufacturers with regional stakeholders.”

“This is the first WAAS since the pandemic, and I am sure that all the industry players are as eager as we are to resume business as usual and we are looking forward to this participation,” the Managing Director concluded.

Visit Lubrex at stand B18

To Pre-register for the West Africa Automotive Show 2022 Click Here

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Hunter Engineering to participate in West Africa Automotive Show for the first time

4,500 attendees expected in Lagos, Nigeria next month

ST. LOUIS – For the first time in its history, Hunter Engineering will be exhibiting at an automotive trade show on the African continent.

Hunter will be among the more than 100 exhibitors taking part in the West Africa Automotive Show at the Landmark Centre in Lagos, Nigeria, May 17-19.

Last held in 2019, the event is the only automotive show that takes place in West Africa. Hunter will welcome distributors and end users at the event, where they’ll find a range of aligners, wheel balancers, tire changers and brake lathes.

Participation in the show follows the key hiring last year of Ranjeet Mahato to serve as the regional manager for Hunter’s new North African region.

“We’re extremely excited to attend the West Africa Automotive Show for the first time,” said Hunter International Vice President Darcy Tallon. “It’s the logical next step to expand our reach in an international market where we’d previously not had a presence. We’re really optimistic about Hunter’s future in this part of the world.”

Hunter Engineering’s dedicated dealer network of importers and distributors delivers industry-leading world-class products to workshops in more than 100 countries across the globe. 

For more information, visit www.hunter.com.

Hunter Engineering Company® is the global leader in state-of-the-art wheel alignment systems, wheel balancers, brake lathes, tire changers, lift racks, unmanned inspection equipment, diagnostic scan tools and ADAS recalibration equipment. Hunter equipment is approved and used by vehicle manufacturers, automobile and truck dealers, tire dealers and service facilities around the world. 

To Pre-register for the West Africa Automotive Show 2022 Click Here

To Book a Stand Click Here

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Rebranding lubricants and a bigger commitment to clean energy by TotalEnergies

TotalEnergies rebrands its lubricants in an effort to reaffirm their clean energy commitments.

TotalEnergies engineers and vends lubricants worldwide as a major player in the industrial, automotive and maritime sectors.

Managing Director of TotalEnergies Dr Seye Samba spoke at the new lubricant launch advising of new colours, new labels and a more ergonomic design to be expected when it hits the market.

Dr Samba said: “We are a leading global manufacturer and marketer of lubricants, with 42 production sites around the world. Here in Nigeria, we have our lubricant and bitumen blending plants in Lagos and Koko, Delta State.

“We have lubricant storage plants in all parts of the country as well as employees that are committed to providing energy that is more affordable, cleaner and more reliable as well as accessible to as many people as possible.”

In addition to new design, he said the lubricants division contributes to the company’s ambition to offer cleaner energy, adding that a reduction in the weight of cans will prevent the emission of 9,500 tons of CO2 equivalent each year owing to raw materials savings.

With these new cans, he said consumers can identify the product they need at a glance, due to the color coding.

“The colour codes show platinum for top-tier, silver for mid-tier and bronze for entry range products. Buyers can then zoom in on the product they need by checking the new label, which is much clearer and easier to read”, he added.

Source: The Guardian, December 2021

To Pre-register for the West Africa Automotive Show 2022 Click Here

To Book a Stand Click Here

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The NADDC making big commitments to the future of EV in Nigeria

The National Automotive Design & Development Council (NADDC) has voiced again how they want to commit to the local production of environmentally-friendly Electric Vehicles (EVs) for it to become the new normal for every Nigerian to drive electric.

At the just concluded Nigerian Energy Summit II, the Nigerian Federal Ministry of Power, and the European Union, the Director-General of the NADDC, Jelani Aliyu, MFR, announced his agency’s plan to help raise the capacity of Electric Vehicle production in the country.

This is all in an effort to help meet the Paris Accord and the 2060 net-zero commitment, by reducing harmful gas emissions from vehicles. This would make an ease of access to EVs in Nigeria.

The Council is currently writing an Electric Vehicle Policy, promoting benefits for buyers and producers of EVs.


He also showed how his agency has been developing 100 per cent solar-powered EV charging stations, sited at three universities across the country. These are Usmanu Dan Fodio University, Sokoto, University of Lagos and University of Nigeria, Nsukka, in a strategic move that is aimed at bringing advanced automotive-related technology to the doorsteps of students as an effective technology transfer initiative.

Jet Systems Motors have created the first Indigenously made and assembled Nigerian Electric Vehicle, the Jet Mover Electric Delivery Van, this was showcased on Aliyu’s video part of their presentation along with the Hyundai Kona EV.

Source: Transportday, April 2022

To Pre-register for the West Africa Automotive Show 2022 Click Here

To Book a Stand Click Here

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Travel Protocol to Nigeria changes Today

The Federal Governments Covid-19 protocol for entering Nigeria changes today.

Boss Mustapha, the Chairman of the Presidential Steering Committee for Covid-19 has advised.

Any in-bound passengers to Nigeria that are fully vaccinated need not take any pre or post flight PCR tests and rapid antigen tests.

Any child under the age of 18 is under the same bracket as a fully vaccinated adult in the new protocol document.

For the unvaccinated and partially vaccinated a PCR test 48 hours before departure is required, along with the 2 and 7 day post arrival PCR tests, at their own cost.

All-inbound passengers, regardless of vaccination status, are expected to register via the online Nigeria International Travel Portal (NITP– https://nitp.ncdc.gov.ng).

All passengers travelling out of Nigeria are “encouraged to have evidence of full vaccination against COVID-19; comply with the COVID-19 guidelines of their destination or transit countries; and to familiarize themselves with the COVID-19 travel requirements of their destination and transit countries before embarking on the journey.”

Source: Channelstv, April 2022

To Pre-register for the West Africa Automotive Show 2022 Click Here

To Book a Stand Click Here

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$10M Funding for Moove from NBK Capital Partners

Ubers exclusive vehicle supply partner in Africa ‘Moove’ have closed a $10m (R153m) deal for finance with NBK Capital Partners Mezzanine Fund. This is the the sixth investment of this kind from the Fund advised by NBK Capital Partners.

Moove’s expansion into West Africa will be supported by the Fund initially. Its the first investment of its kind by NBK Capital Partners funds in Africa. This will underline an opportune platform to challenge Africa’s vehicle financing gap.

Ladi Delano and Jide Odunsi are the co founders of Moove, born in Nigeria, were educated at the London School of Economics, then Oxford University and MIT and have built three other successful businesses in Africa before Moove.

Moove initially came to fruition in 2019, Moove is an African mobility fintech that is levelling the playing field for vehicle ownership by providing revenue-based vehicle financing to mobility entrepreneurs across Africa.

The CEO of NBK Capital Partners Yaser Moustafa said “We are very excited to partner with Moove on its journey to transform access to credit for millions of people across the African continent”.

The total funding for Moove now exceeds $78m and will fuel their trajectory to grow as they expand their operations regionally for mobility entrepreneurs.

Moove are committed to having at least half of their customer base being females and providing them with everything they need to succeed in that form of employment.

The company launched operationally in 2020 and have completed over 2 million trips to date.

To read more Click Here

Source: BizCommunity February 2022

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Nigeria’s ASPMDA Market delayed handover

The Auto Spare Parts and Machinery Dealers Association (ASPMDA) has elected a new president at the Lagos International Trade Fair Complex, Brother James Umeji (Jim Best). He has spoken about the fact that even though it has been more than two months after being sworn in as the president, of the biggest auto spare parts market in West Africa, the caretaker committee before him have still not handed over properties and assets to his new committee.

Historically the elections have been less than fair, this time around it has not been the case.

The president stated the lengthy non-handover of the properties of the association by the Sunny Igboanuze led caretaker committee has led to a slower start to positive changes being made.

With the backing of market members, the pile of refuse in the market has been removed, power supply restored; and has also led to the construction of ASPMDA-Abule-Ado link road.

The plan is for the ASPMDA -Omonile road project to be completed by mid April 2022. He would like to start repair or change the drainage systems that cause road issues and flooding during the rainy season and make market traffic hindrances for a smoother flow through.

He’s said to have wanted to build a road to the Ojo Army barracks.

Decisions made at the general meeting comprise of dissolving all the committees in the market, appointing the new members of constitution review committee and appealing to those in possession of the properties of the market to return them with immediate effect, along with other topics.

For more information Click here

Source; Sun News Online, February 2022

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ASPMDA Requests Government Utilise Potential

The Automobile Spare Parts and Machinery Dealers Association says the industry has not recorded growth as much as it should due to the lack of government support.

The President, ASPMDA Nigeria, Offorkansi Ebubedike, said auto parts dealers had the capacity to boost the country’s economy if given the necessary support.

Ebubedike, who was represented by the Secretary, Foreign Trade and Investment Committee, ASPMDA, Leo Okoye, at the recently concluded Lagos Motor Fair, said the Federal Government, through the Ministries of Technology, Trade and Investment or the National Automotive Council ,should open industrial hubs to take care of auto spare parts manufacturing for export.

He said, “We cannot move to greater heights without the support from government. Double taxation, multiple administrative bottlenecks in our seaports, bad road network and high interest rates are the clog on our wheels of progress.

“Our containers are left unattended to for months accumulating huge demurrages. Government should look into these areas; solve the ailing problems to pave way for our positive contribution in the economy.

“Sub-Saharan Africa depends on us for vehicle spare parts sourcing and procurement. On the West and Central Africa, we move our products through land borders while East and Southern Africa convey their goods by sea, through Lagos.”

He also urged the Federal Government to look into the relationship between the industry and China.

For more information about the West African Automotive sector, Click Here

Source: Punch, May 2019

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Auto Policy: Dangote Sinotruck to begin local trucks production

Dangote Sinotruck West Africa Limited is to commence the local assembly and production of a full range of commercial vehicles and trucks.

A Federal Ministry of Industry, Trade and Investment statement sent to PREMIUM TIMES by Bisi Daniels, the spokesperson to the minister, Okechukwu Enelamah, said on Monday the range of trucks would cover heavy duty, medium, light trucks and other semi-trailers.

The statement said the joint venture, which has already invested about $100 million for truck assembly plant, aims at meeting the current demand for these category of trucks for logistics, construction, as well as the food & beverage industries.

The company, which is one of 29 out of 54 licensed automobile assembly plants now operational in the country since February 2018 under the national automotive policy, has an installed capacity to assemble and produce 10,000 trucks annually.

Besides, the company is expected to create about 3,000 jobs across Nigeria when fully operational, as government focuses on boosting economic development across the country.

Prior to the policy, three out of the five assembly plants established in the 1970s had become moribund.

Five years after the policy was strengthened and relaunched, the statement said total installed capacity of 419,190 units and actual production of 8,628 units have been achieved so far, with new investors coming from around the world.

Part of the major objectives of the policy, Mr Daniels said, was to bring back Completely-Knocked-Down (CKD) automotive assembly and develop local content, thereby turning Nigeria into a vehicle manufacturing country.

“Presently, over 14 assembly plants, namely Peugeot Automobile Nigeria Limited (PAN), Innoson Vehicle Manufacturing Co. (IVM), Anambra Motor Manufacturing Company (ANAMMCO) and Leyland-Busan, have started assembling new products since 2014, with new ones established.

Besides, the Anambra Motor Manufacturing Company (ANAMMCO), which downsized its staff in 2011 due to unfavourable operational conditions, has since been revived, with about 200 of the laid off staff recalled.

“The company is currently waxing stronger and has received several proposals from the Original Equipment Manufacturers interested in establishing local assembly presence,” Mr Daniels said.

Minister of Industry, Trade and Investment, Okechukwu Enelamah said the achievement recorded so far confirms the high potentials of the policy to grow the automotive sector.

He said the policy has generated enormous interest outside the country, with a delegation of international automotive investors, comprising original equipment manufacturers and other stakeholders visiting the country to assess investment opportunities.

The minster, who hosted the delegation recently, said: “We are excited by the role the automotive industry plays in the strategic and catalytic economic development of countries and we are committed to developing the sector speedily to facilitate the economic diversification of the country.”

He said part of what the investors were seeking were insight into business opportunities and investment environment in the Nigerian automotive sector; assistance in shaping national and state policy to support industry overall and domesticated manufacturing for the automotive sector.

Others included prospects into the automotive sector & potential for enhanced manufacturing in Nigeria; building relationships and networks with key government and private sector figures as well as deepening structured business links and investment between Nigeria’s private sector and South Africa’s.

For more information about the West African Automotive sector, Click Here

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Self-driving Cars & Trucks Market Demand Worth 4,223 Thousand Units By 2030

The global self‑driving/autonomous cars and trucks market size is anticipated to reach 4,223 thousand units by 2030, according to a new report by Grand View Research, Inc., exhibiting a CAGR of 63.1% during the forecast period. An autonomous vehicle is a combination of various sensors and networking systems that assist computers in driving vehicles. Thus, several technology providers such as Google Inc. and Tesla Motors have also entered the market and are contributing to research and development of autonomous vehicles.

The automobile industry is dynamic and is witnessing rapid advancements in terms of technologies. Several major players in the industry, such as General Motors Company (GM), Volkswagen AG, Mercedes-Benz, and Bayerische Motoren Werke AG (BMW), invest a significant part of their revenue in research and development of technologies. Currently, there is a growing trend of autonomous vehicles, thus attracting larger investments from top players.

The autonomous cars and trucks market has been segmented on the basis of application into transportation and defense. The transportation segment has been bifurcated further into industrial and commercial applications. Transportation is expected to have a greater market share while the defense segment is expected to portray the highest growth over the forecast period.

The North America region is slated to account for the largest share in the autonomous cars and trucks market in 2020. Demand for autonomous vehicles is expected to increase over the forecast period owing to stern government regulations and rising adoption of self-driving vehicles in U.S.

 To request a sample copy or view summary of this report, click the link below:
https://www.grandviewresearch.com/industry-analysis/driverless-cars-market

Further key findings from the report suggest:

  • Demand for driverless cars and trucks market is expected to grow owing to rising number of regulations laid down by governments of various developed and developing nations
  • Market size of the defense segment is expected to expand at the highest CAGR of 86.4% over the forecast period
  • U.S., China, and Japan markets are expected to witness significant growth over the forecast period owing to large-scale testing activities and adoption of autonomous cars and trucks in the transportation sector
  • Audi AG; BMW AG; Daimler AG (Mercedes Benz); Ford Motor Company; General Motors; Google LLC; Honda Motor Corporation; Nissan Motor Company; Tesla, Inc.; Toyota Motor Corporation; Uber Technologies, Inc.; Volvo Car Corporation; and Volkswagen AG are some of the key market incumbents.

Grand View Research has segmented the global Self-driving/Autonomous Cars and Trucks market on the basis of application and region:

Self-driving/Autonomous Cars and Trucks Application Outlook (Volume, Thousand Units, 2020 – 2030)

  • Transportation
    • Industrial
    • Commercial
  • Defense

Self-driving/Autonomous Cars and Trucks Regional Outlook (Volume, Thousand Units, 2020 – 2030)

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • Germany
    • U.K.
    • France
    • Netherlands
    • Sweden
  • Asia Pacific
    • China
    • Japan
    • Singapore
    • Australia
  • South America
    • Brazil
  • Middle East and Africa
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