Wednesday, 9 July 2014

Photo: President Goodluck Jonathan drives Nigeria’s locally manufactured vehicles.

   The Minister of State for Industry, Trade and Investment, Dr Samuel Ortom said at the occasion that as the new auto policy was adopted, the Federal Government had received a lot of interest from vehicle manufacturers.

He added: “As we commence assembly operations in Nigeria as a result of the new policy. We are hoping that our first assembly cars will come out from our plants by June this year.
“There is a huge potential in Nigeria; you have a very young population, talented and educated people. With this and with the good regulation to build the local industry, and with a clear vision, we will be able to add value, create employment and attract suppliers.
 It could be recalled that on 15 May, 2014, the Federal Government announced plans for massive production of locally manufactured vehicles in Nigeria from June.
The announcement was made during a visit of a delegation from Automobile Peugeot, France led by its Vice President, Mr Yves Moulin, at the ministry’s headquarters in Abuja

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