ALCMAN, MOMAN Forge Strategic Alliance With BKG Exhibitions To Catalyse Nigeria’s Automotive Industrial Transformation

Bennett Oghifo reports: In a decisive step toward reshaping Nigeria’s automotive future, BKG Exhibitions Limited has entered into a strategic partnership with the Motorcycle Manufacturers Association of Nigeria (MOMAN) and the Automotive Local Content Manufacturers Association of Nigeria (ALCMAN).

This groundbreaking alliance is set to inject significant momentum into the nation’s automotive sector, fostering local content development, promoting indigenous manufacturing, and creating a robust platform for growth and innovation.

A Unified Vision for Automotive Excellence

The collaboration brings together key stakeholders who share a common vision for an industrialized and self-sufficient Nigerian automotive industry. BKG Exhibitions, renowned for organizing large-scale industry events, will provide the crucial platform for engagement, showcasing innovations, and facilitating B2B connections.

MOMAN represents the interests of motorcycle manufacturers, a vital segment of Nigeria’s transportation and economic landscape, while ALCMAN champions the development and utilization of local components across the entire automotive value chain, from parts manufacturing to assembly.

Catalysing Local Content and Investment

This strategic alliance is poised to:

• Boost Local Manufacturing: By promoting the capabilities of Nigerian manufacturers and encouraging greater integration of locally produced components into vehicles.
• Attract Investment: Create an enabling environment that draws both domestic and foreign investment into the automotive sector, leading to job creation and economic diversification.
• Facilitate Technology Transfer: Encourage the adoption of advanced manufacturing processes and technologies, upskilling the local workforce.
• Foster Collaboration: Provide a unified voice for the automotive industry, enabling more effective advocacy with government and policy-makers.

Paving the Way Forward

Industry observers believe this partnership is a game-changer. By combining the organizational prowess of BKG Exhibitions with the manufacturing expertise and advocacy power of MOMAN and ALCMAN, Nigeria is set to witness a surge in automotive industrial activities. This will not only reduce reliance on imported vehicles and parts but also position Nigeria as a regional hub for automotive production.

This alliance signals a clear commitment from private sector players to drive the nation’s industrial agenda forward, promising a brighter, more self-reliant future for Nigeria’s automotive industry.

Source: Original Article