President Goodluck Jonathan said Thursday in Davos, Switzerland, that his administration is fully committed to rapidly developing Nigeria’s automobile industry through the diligent implementation of the country’s new national automotive policy.
A statement issued by his media aide, Dr. Reuben Abati, said the President said this at a meeting with the Chief Executive Officer of Nissan Motors, Mr. Carlos Ghosn and representatives of Nissan’s partners in Nigeria on the sidelines of the ongoing World Economic Forum.
President Jonathan said a key objective of the new policy was to make new cars affordable to more Nigerians.
“The only way to reduce the preponderance of second hand cars on our roads is to produce good quality cars with affordable pricing locally,” the statement quoted the President as saying at the meeting.
Welcoming the Nissan group’s investment in vehicle production in Nigeria, President Jonathan noted that all investors in local automobile production in the country will have a huge ready market for their products.
“The automobile industry in Nigeria has a huge potential for growth. The market is not just Nigeria, but the entire West African region,” he observed.
Mr. Ghosn applauded the Federal Government’s new automotive policy, saying that it would encourage the inflow of investments and technical expertise to boost domestic vehicle production.
The Nissan CEO informed President Jonathan that Nissan Motors plans to roll-out the first made in Nigeria 4 X 4 Utility SUV in April, using the old Volkswagen Assembly plant owned by its partners.
President Jonathan, according to the statement, also met with President Jakaya Kikwete of Tanzania who assured him of his personal participation in the World Economic Forum on Africa scheduled to take place in Abuja in May. Click to signup for FREE news updates, latest information and hottest gists everyday
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Oga pls rehabilitate road ,declare state of emergency in our road ,air and sea transportation system not this automotive policy .Where will dis your new vehicles be plying.is it this same Lagos-Ibadan death haven express? or Benin-Ore evil den express? Oga GEJ this is an outright misplacement of priority. From one misstep to another ,a word is enough for the wise.God bless Nigeria
ReplyDeleteI wonder the type of advicers this man called GEJ has. The cars you will manufacture, where will the run?
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