Reports say the United States Embassy in Abuja was flooded with American investors who wanted to make enquiries about Nigeria’s automotive industry.

Pulse.ng reports that this is as a result of president Muhammadu Buhari’s recent visit to the USA, as the investors were apparently impressed with the Nigerian leader’s presence and quality of his delivery.

The report further revealed that the embassy’s Counselor for Economic Affairs, Mr Alan Tousignant, during his visit of Director-General of the National Automotive Design and Development Council (NADDC) on Friday in Abuja, explained the reason for the investors’ visit.

President Muhammadu Buhari of Nigeria and his American counterpart, Barrack Obama, seem to have found a synergy
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Mr Bello Rasheed, the Principal Executive Officer (Information) of NADDC, explained that Tousignant visited to make enquiries on the Nigerian Automotive Industry Development Plan (NAIDP), expecting to get answers for the deluge of inquiries from the American government and its business community on the NAIDP.

“Tousignant said that there had been an upsurge in the amount of business inquiries from America since the recent visit of President Buhari to the U.S.

“He told the NADDC DG that quite a number of the latest inquiries from potential American investors were on the Nigeria auto industry.

“Therefore, he needed to know about applicable staff structure, incentives, availability of skilled personnel, current total installed capacity, local value addition and industrial clusters and infrastructure.

“He also asked questions on applicable safety standards, annual national vehicle demand, export potential to other countries, among others,” a statement by Rasheed hinted.

The NADDC DG, Mr Aminu Jalal, was also excited by the “keen interest shown by American companies and businessmen in the industry” and he told his visitors that two American automobile giants, Ford Motors and General Motors, had confirmed their interest in starting vehicle assembly operations in 2016.
“The NADDC DG explained that Nigeria is the largest economy in Africa with very huge market for automobiles. He stressed that the auto policy is intended to transform Nigeria into a major vehicle manufacturing hub for leveraging on Nigeria’s abundant trainable labour force and material resources especially petrochemical-based.

“Jalal told Tousignant and members of his team that with a population of over 170 million, Nigeria could not continue to run an import dependent economy,’’ the statement said.

The Peoples Democratic Party (PDP) had blasted president Buhari over his visit of the US, stating that he embarrassed the country while in the White House.

https://www.naij.com/511538-buharis-visit-us-already-paying-off-greatly-read-americans-want.html


Nigeria o ni baje o...

Okay

Sai Baba!

National Association of Wailers. (NAW)

How market??

Just incase

Good development

The wailers, time to cry again

still wondering how a sane man will wish failure for his country just bcus his prefered candidate lost the election .....INSANITY RELOADED

even pigs can now fly
Rubbish people, Nigeria will never see real development, Hate it or love it

This is the type of thread the Protection Seeker and his fellow wailers avoid like a plague.

To the wailers, PMB's US visit was a failure (I remember that the Chief Wailer even did a thread on it) since the president didn't have American planes stuffed with cash fly after him to Nigeria. They also said it was a failure perhaps because American fighter jets to fight BH didn't come back baba.

I have a message for them: May those who wish PMB/VPYO failure experience failure in their life. May PMB succeed in bringing us real dividends of democracy that PDP denied Nigeria for sixteen years. And may their wailing never stop, except they change their unpatriotic ways.


Lalasticlala, Ishilove, Obinoscopy, please help us move this good news about Nigeria to the promised land.

we are getting there

NIGERIA IS WORKING

"In the fullness of time"

Why Lalasticlala and other supermods have not taken this to FP is baffling.

PassingShot:
Why Lalasticlala and other supermods have not taken this to FP is baffling.

Beats me too..

PassingShot:
Why Lalasticlala and other supermods have not taken this to FP is baffling.

The story isn't the other way round

Obiagelli:

The story isn't the other way round

They're funny set of people. Anyway, we shall see where it leads them.