THE NIGERIAN GOVERNMENT HAS ANNOUNCED THE APPROVAL OF THE NIGERIA INVESTMENT POLICY (NINP), AND THE ADOPTION OF A NEW NATIONAL AUTOMOTIVE INDUSTRY DEVELOPMENT PLAN (NADIP) FROM 2023 TO 2033. THE NIGERIA INVESTMENT POLICY PLAN WHICH WOULD BE THE FIRST-EVER APPROVED BY THE FG WAS DISCLOSED IN A STATEMENT BY OTUNBA ADENIYI ADEBAYO,  THE TRADE MINISTER. THE MINISTER OF INDUSTRY, TRADE AND INVESTMENT, OTUNBA ADENIYI ADEBAYO, THE NATIONAL INVESTMENT POLICY AND THE AUTOMOTIVE INDUSTRY DEVELOPMENT PLAN WERE GIVEN THE NECESSARY APPROVAL AT THE FEDERAL EXECUTIVE COUNCIL, REVEALING THAT STAKEHOLDERS IN NIGERIA’S MANUFACTURING SPACE LOBBIED FOR AN INVESTMENT POLICY, WHICH WOULD GIVE CONFIDENCE TO INVESTORS IN THE COUNTRY.