₦airaland Forum

The Nigerian Government through the National Automotive Design and Development Council has awarded licences for the establishment of 12 new vehicle assembly plants in the country.

This is contained in a document made available by the spokesman of NADDC, Bello Rasheed, in Abuja on Monday.

The document stated that the benefitting companies are automobile manufacturing giants such as Toyota, Honda, General Appliances West Africa, Perfection Motors Company, and Richbon Nigeria.

The others are R.T. Briscoe Nigeria, Nigeria-China Manufacturing Company, Nigeria Sino Trucks, Coacharis Motors, DAG Motorcycle Industry Nigeria, Globe Motors Nigeria, Century Auto-Assembly Nigeria, and Concept Auto Centre.

The plants are expected produce a wide range of automobile products such as sport utility vehicles, passenger cars, pickup vans, buses, tricycles and motorcycles, among others.

The document also indicates that the companies, with their corporate offices in Enugu and Lagos, have started making arrangements to begin operations.

According to the document, the commencement of operations by the new licensees will bring the current total number of automobile assembly plants in the country to 45.

It stated that there were 15 assembly plants in the country before the National Automotive Industry Development Plan was launched in 2014, but only three were operational.

While stating that 18 additional vehicle assembly plants were set up after the NAIDP came into being in 2014, the document stated that the plants were in different stages of completion.

(NAN).http://www.premiumtimesng.com/business/187744-nigeria-grants-12-new-auto-assembly-plant-licences.html

Goood one

Woow

Johnnyessence:
The document also indicates that the companies, with their corporate offices in Enugu and Lagos, have started making arrangements to begin operations.

By 2023

G

make I book space incase

Can't wait to buy my first ride made in naija

Slow and steady surely wins the race. Buhari is working, while saTANists A.K.A Wailing wailers keep wailing. Nigeria shall, once again, under Buhari's rule, be great again.

God Bless PMB

God Bless Nigeria

God bless those in charge, God bless Nigeria and Nigerians

More industries, more jobs.

NEPA abeg give dem light oh, to reduce their cost of production and encourage others

dustmalik:
Slow and steady surely wins the race. Buhari is working, while saTANists A.K.A Wailing wailers keep wailing. Nigeria shall, once again, under Buhari's rule, be great again.

God Bless PMB

God Bless Nigeria

What is Buhari's policy input to this & who initiated the Nigeria automotive design & development council?

Nice development, we pray for more

Good one..
God bless PMB..

KUDOS TO GEJ AND PMB FOR SUSTAINING IT.

Goodnews

This is on its way, while INTROVERT is still sleeping, anyway this is good.



I remember that V.P Osibanjo promised that when APC gets into office they'll reduce import duties and used cars from its current 35 percent to 20 percent, still wondering what happened?






ThefakeStan

Thank you GEJ