In line with President Goodluck Jonathan's economic transformation of Nigeria,about 25,000 made in Nigeria vehicles will be manufactured by the end of 2014.
This was disclosed by the Director General of the National Automotive Council (NAC) Aminu Jalal at a media briefing in Abuja yesterday.
Jalal said: “Manufacturers plan to produce 25,000 made in Nigeria vehicles by the end of 2014 and they will be given the concession to import two vehicles for every one produced to fill the gap that is likely to be created by the policy on the short run.
“We have over 15 companies that are ready to commence the production of ‘made in Nigeria cars’. We are also collaborating with the Standard Organisation of Nigeria (SON) on technical and quality audit that will ensure that what is produced in Nigeria is comparable to global best standards.”
Jalal said: “Manufacturers plan to produce 25,000 made in Nigeria vehicles by the end of 2014 and they will be given the concession to import two vehicles for every one produced to fill the gap that is likely to be created by the policy on the short run.
“We have over 15 companies that are ready to commence the production of ‘made in Nigeria cars’. We are also collaborating with the Standard Organisation of Nigeria (SON) on technical and quality audit that will ensure that what is produced in Nigeria is comparable to global best standards.”
Jalal also said: “We are
discussing with Real Merchant Bank of South Africa to develop and
introduce their successful prototype of affordable vehicle purchasing
scheme at 10 percent interest rate spread over a period of four years
with a new vehicle to cost around N1.7 million.”
“At the high end, we have designed a syllabus with the National Universities Commission for the study of automotive engineering in our universities which has been available to 15 universities in Nigeria with three of them already available for study,” he added.
“At the high end, we have designed a syllabus with the National Universities Commission for the study of automotive engineering in our universities which has been available to 15 universities in Nigeria with three of them already available for study,” he added.
The National Automative Policy was launched by the federal government in 2013 to ensure the survival and growth of the Nigerian authomatic industry.
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