₦airaland Forum

ceejay8837:
... what happened to the NISAN cars as promised by Goodluck Jonathan? one problem with Nigeria is that they is no continuity

doctokwus:
These Tanoids are really jobless and funny.
Am just rolling on the floor here because of how the wailing wailers just invaded d thread and booked all d spaces chanting the say GEJ shit before d other side rubbishes this his "monumental achievement" and reasserted his being "d best president Otuoke ever had".

The WW just had to find sth to heap GEJ praise on after him and his overhyped Harvard graduate were taken to the hangman's noose for their corrupt activities in the other thread.
WW dough!

Txonyi:
this your comment shows that you are not in this country. abeg where are you typing from? west germany right? if not u will know that it is GEJ's auto policy that made this possible! wake up from your dullardic dreams!

flofields:
Good news.
I hope Nigeria can devise car finance scheme to encourage car ownership away from unreliable second-hand ones being dumped on our market.

Nigerians to get loans for locally-assembled cars



https://punch.cdn.ng/wp-content/uploads/2012/10/Minister-of-Trade-and-Investment-Mr-Olusegun-Aganga-360x225.jpg




From November, Nigerians will be able to purchase brand new cars assembled in the country without having to pay in full for them as the Federal Government’s vehicle acquisition finance scheme would have taken off then.

The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, made the announcement at a press conference in Lagos on Thursday.

According to the minister, the Federal Government is currently discussing with local and international financial institutions on how to make the scheme achieve the aim of making made in Nigeria cars affordable.

Though the details are still being worked out, our correspondent gathered that the government was encouraging the partner banks to make available loans for vehicle acquisition at not more than 10 per cent interest rate repayable over four years.

Aganga said, “The government is working on an affordable vehicle acquisition scheme, which will be launched in four months’ time. We are looking at an affordable interest rate of not more than 10 per cent against the current interest rate regime in the banks, which is over 20 per cent.

“We are currently engaging local and international financial institutions to provide the funds. People should be able to pay over four years at 10 per cent. We are still discussing; we have not yet finalised the details.”

However, the minister ruled out the option of the government providing the seed fund for the scheme, explaining that the banks would rather fund it, but that the government was working with them to reduce the interest rate payable on the vehicle acquisition loans.

The attraction for the banks, according to him, is that the scheme will represent a commercial opportunity for them, as many Nigerians will be able to buy brand new vehicles assembled in the country, with the multiplier effect of more citizens being employed by the assembly plants.

Aganga gave an assurance that the local vehicle manufacturers and assemblers had enough capacity to meet the expected upsurge in demand for new cars and would not increase the prices of their products.

According to him, the Nigerian Automotive Industry Development Policy will create thousands of direct and indirect employment opportunities by ensuring the revival of moribund vehicle assembly plants in the country and will raise the standard of living of the citizens.


More from: http://www.punchng.com/business/business-economy/nigerians-to-get-loans-for-locally-assembled-cars/

Itulah:
If u watch carefully, you will see that not even a single like on your foolishh comment. You are a disgrace to everyone that knows you. Keep it up fooll.

anonimi:
Already done by Aganga under Jonathan leadership.

Itulah:
If u watch carefully, you will see that not even a single like on your foolish comment. You are a disgrace to everyone that knows you. Keep it up fool.

Adikam:
both of you has low mentality

GabrielSuswam:
Congrats PMB...

Tho we don't belong to the same party

vimi:
iif only we(Nigeria) have multiple strong indigenous motor brand we won't acrobatically celebrate this awful development that won't exponentially transform our already epileptic and fragile economy

FG should rather give IVM the chance to grow instead of complicating issues by intensifying the competition between IVM n other car manufacturers

Why iis GEJ trending on this thread

Itulah:
If u watch carefully, you will see that not even a single like on your foolish comment. You are a disgrace to everyone that knows you. Keep it up fool.

doctokwus:
U dwell on likes,I dwell on telling d truth.
U can carry all your million likes to the creeks of Otuoke and use it to catch d fishes in their corruption infested waters and while u are at it u should remember to free your mouth from the arse of that crook and most daft of a former president u have been licking since, dunce!

kenis:
Guess whom my HERO is


























.



GEJ

efilefun:
Cool

achemedez:
lng time o
have yhu been fine??

lonelydora:
Which state?

vimi:
iif only we(Nigeria) have multiple strong indigenous motor brand we won't acrobatically celebrate this awful development that won't exponentially transform our already epileptic and fragile economy

FG should rather give IVM the chance to grow instead of complicating issues by intensifying the competition between IVM n other car manufacturers

Why iis GEJ trending on this thread

tyconcepts:
Who is still looking for change when it's already here??

GabrielSuswam:
Congrats PMB...

Tho we don't belong to the same party

kenis:
Guess whom my HERO is


























.



GEJ

PMONEY6:
Nonsense!! What if PMB. decide to stop them what will happen? GEJ this GEJ that.

gregg2:
Nigeria just exchanged her best President for propaganda, lies and tribalism.

Thank you GEJ
Toyota is next. I gathered reliably that it won't be long

fulanimafia:
It's part of their grieving process, allow them.