Doris Uzoka-Anite, minister for industry, trade, and investment, spoke on Tuesday at a 3-day automobile conference in Lagos.
“The first step is that the government is working on creating auto credit scheme to stimulate demand. Speaking on the proliferation of fake auto spare parts in the market, Ngozi Emechebe, president of the Auto Spare Parts and Machinery Dealers Association , said the challenges posed by fake parts impact both the industry and the economy.“Fake auto parts are counterfeit or unauthorised reproductions of parts made to look like genuine parts but often of inferior quality,” Emechebe said.
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