Presedent Goodluck sshows Commitment To Develop Nigeria’s Automobile Industry

President Goodluck Jonathan on Thursday said his administration is fully committed to rapidly developing Nigeria’s automobile industry through the diligent implementation of the country’s new National Automotive Policy.

Speaking at a meeting with the Chief Executive Officer of Nissan Motors, Mr. Carlos Ghosn and representatives of Nissan’s partners in Nigeria on the sidelines of the ongoing World Economic Forum in Davos, Switzerland, he added that a key objective of the new policy is to make new cars affordable to more Nigerians.

“The only way to reduce the preponderance of second hand cars on our roads is to produce good quality cars with affordable pricing locally,” the President said.

Welcoming the Nissan group’s investment in vehicle production, President Jonathan noted that all investors in local automobile production in the country will have a huge ready market for their products.

“The automobile industry in Nigeria has a huge potential for growth. The market is not just Nigeria, but the entire West African region,” the President observed. http://www.channelstv.com/home/2014/01/23/fg-expresses-commeitment-to-develop-nigerias-automobile-industry/