awodman:
NISSAN,FG DISCUSS ASSEMBLY PLANT ESTABLISHMENT

One of the prominent Japanese auto manufacturers,
Nissan, has initiated a discussion with the Federal
Government for the establishment of an assembly plant in Nigeria.

The firm, which took the automobile industry by storm last Wednesday with the inauguration of Stallion Auto Group as its new distributor/dealership in Lagos, said it hoped to start assembling its products in the country soon.

Head of Nissan sub-Sahara Africa, Mr. Jim Dando, stated
this during the inauguration.

According to him, the auto manufacturing giant is excited
about the new business direction and expects Nigeria to
play a dominant role in its plan to double its market share
from its current 7.9 per cent to 16 per cent in Africa by
2016.

He noted that with the its large population, Nigeria should be interested in establishing viable auto manufacturing companies.

According to him, a robust auto industry is a major job
creator, giving the South African experience where the
sector offers job opportunities to people in spare part
companies, steel making firms, transport and other related companies.

Although Dando said that although the firm was prepared
to crash the prices of Nissan products, the current import
duty differential between fully built vehicles and semi-
built/components must be wide in order to discourage the
importation of the former.

He also spoke on the need to control the influx of used
vehicles called tokunbo into the country.
He said the firm had confidence in the ability of Stallion
Group to push the brand to the top position in the country. As a measure of that confidence, he said Nissan would unveil seven new products in Nigeria this year.
He spoke on some of the new products such as 2013
Nissan Sentra, Tiida, new Teana, NV 350 Urvan.
"GT-R and Juke are enroute to Lagos as we speak, while
the next generation Sentra, Tiida, Teana, Pathfinder and
Qashqai will be introduced in the coming months, bringing cars packed with innovative features that reflect Nissan's passion for bringing accessible technology to a broader audience," Dando said.

The Managing Director, Stallion NMN, said the inauguration of the Nissan facility at Gbagada, Lagos, was the first step in the company's commitment to the provision of an exclusive and world-class automotive experience to customers in Nigeria.

He said, "Stallion has a firm belief in the Nissan brand and wishes to re-connect the local motoring public with
Nissan's heritage of solid engineering, ingenuity and
aesthetic values. Through our network expansion plans,
and strong focus on the ongoing development of our sales and service teams, Nigeria's consumers can expect
consistent and innovative sales and service solutions."

Source:mobile.punchng.com/output.php?link=http://www.punchng.com/business/transport/nissan-fg-discuss-assembly-plant-establishment/

lakside s: With all this, yet nigerians are still suffering

London-X:


Bro., help me ask the pseudo-economists on this forum.

Everything is a bubble!

The more you look in Naija, the less you see.

GDP is growing at an alarming rate, yet the poor are getting poorer by day.

Foreign investment is growing, yet the unemployment rate is also growing.

Manufacturing is growing, yet the country is importing more.

The country's name ought to be changed from Nigeria to Oxymoron!!


Laughable! - you definitely can't make this shiit up.

London-X:


It's called: The Nigerian Economic Model.

An anomaly that defies logic!!! Bunch of jokers and their gullible sheeple.


Off to watch England take on Brazil!!

lakside s: With all this, yet nigerians are still suffering

lakside s: With all this, yet nigerians are still suffering

735 i:


The truth is; all i see around me are opportunities....

These new investors; they are going to be needing a lot of support services; Protocol, security, food (preferably their kind of food), digital maps of Nigeria, heck; some smart dude is going to manage their bank account and probably will eventually hold a key position in their Finance or Treasury department...
yet someone says; it's hogwash..or smokescreen...
***sighs*** wake up people!!!
A friend that got laid off from a new generation bank has gone to China to learn how to make their food...she'll soon come back and start raking in money...and employ one of these shortsighted slow pokes (as gate men of course) who are waiting for the government to spoon feed them.

Nigeria is the future... and the future is here!!!
#teamNigeria

SlyIg: Tell them to come with their standby generator please.

Michelin motor tire was here in 9ja but no more,now in Ghana.

otokx: and there is still no light in ALUU and UNIPORT

vizboy: my guy I don tell you if you no get light go to the nearest phcn near you and lay a complain. Nairaland no be phcn office. Me get light if you no get

awodman:
Any data or evidence to back your claim that the poor is getting poorer and that import is on the rise..if yes..share with the forum...

otokx: Are you in ALUU or UNIPORT?

click2cbn: afta ALUU singlehandedly 'switched off' d Light of 4 young n promising boys, u think light will come? Karma is a biatch

Billyonaire: This calls for celebration, and warrants an automatic return ticket by consensus without primaries.

awodman:
Any data or evidence to back your claim that the poor is getting poorer and that import is on the rise..if yes..share with the forum...

BlackBaron: Our country is the only country amongst the 37th-41st biggest gdps/economies(rankings based on different international financial organisations) in the world that still manages to be ranked low in the human development index (hdi)