Nigeria To Become Africa’s First Electric Vehicle Manufacturing Nation

On January 30, 2026, the Federal Government of Nigeria, through Senator John Enoh, Hon. Minister of State for Industry at the Federal Ministry of Industry, Trade and Investment (FMITI), signed a Memorandum of Understanding (MoU) with South Korea’s Asia Economic Development Committee (AEDC) to establish an Electric Vehicle (EV) manufacturing plant and develop critical charging infrastructure nationwide.

This landmark collaboration aligns strongly with Nigeria’s National Energy Transition Plan (ETP) and National Automotive Industry Development Plan (NAIDP).

The project will be implemented in phases, beginning with EV assembly and expanding into full in-house production, with an estimated capacity of 300,000 vehicles and the creation of approximately 10,000 jobs.

Representing NADDC, the Director-General, Otunba Oluwemimo Joseph Osanipin, ably represented by the Head of Policy, Planning and Statistics, Mr. Nura Sidi reaffirmed that the initiative will accelerate rechnology transfer, investment promotion, human capital development and research, design and innovation.

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Nigeria is steadily building a sustainable automotive ecosystem that supports local manufacturing, green energy adoption, and global competitiveness.

With this arrangement, Nigeria is set to become Africa’s first electric vehicle manufacturing nation.