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30 Vehicle Manufacturing Plants Take Off Soon by Omooba77: 4:02pm On Jul 22, 2014 |
The National Automotive Council on Tuesday said 30 vehicle manufacturing plants would soon commence operation in the country..The Director, Policy and Planning, Mr Lukman Mahmud, made the disclosure in an interview with News Agency of Nigeria (NAN) in Abuja.He said the Federal Government was working toward facilitating the production of vehicle components at competitive prices through the Nigerian automotive industry and to create employment opportunities.Mahmud explained that prior to the pronouncement of the National Automotive Industry Development Plan in 2013, Nigeria had 14 existing plants across the nation.“The protection and incentives provided to the industry under the new policy persuaded 16 companies to establish assembly plants,” he said.Mahmud added that the motor assembling companies would come in with complete and semi-knock-down vehicles.He said Peugeot Automobile Nigeria, Leyland, Fiat, Volkswagen and Mercedes were the complete Knock-down assembling plants that were forced to shut down due to the influx of imported cars or and second hand vehicles otherwise called “Tokunbo”.Mahmud said the idea of Semi-Knock-Down and Complete Knock-Down import was to address the demand from the automobile market due to eventual hike on tariff and levy of imported fairly used cars.The director said the policy made provision for high patronage from government and Credit Purchase Scheme.He explained that under the credit purchase scheme, middle class Nigerians would buy cars at affordable prices and pay back within 36 to 46 months and at single digit interest.He added that modalities were being worked out with all stakeholders in the sector to curtail smuggling of used cars.Mahmud said that when stability was achieved and the demand from market met, the manufactures would buy the component parts locally.“Plans are in top gear to revive the auto glass company in Ibadan, car seat company at Kaduna, Nocaco Auto Wires, exhaust pipes and many more parts and consumable producers in the country,” he said.The director told NAN that the council had established material testing laboratory in Zaria, Kaduna State; components testing laboratory in Enugu and emission testing laboratory in Lagos.“All these are to ensure that the components to be produced are of international standard,” he said.Mahmud said that a critical element of the policy was under legislation at the National Assembly to avoid policy somersault and protection of the investors in the sector. (NAN) http://www.vanguardngr.com/2014/07/30-vehicle-manufacturing-plants-take-soon/ 11 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by Nobody: 4:08pm On Jul 22, 2014 |
Make una take am easy with the fresh air na. Fresh air hit Aviation sector. Fresh air hit electoral process. Fresh air hit Transport sector(especially the trains). Fresh air just hit the Automotive sector. What sector is next? Power Generation we hope. 72 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by titoetal(m): 5:02pm On Jul 22, 2014 |
We need more of the Fresh Air. Let it keep blowing till everyone confesses its presence. This is a turning point for Nigeria and it will continue onward till all those who confessed negatively will shout ''thanks be to God for the efforts this govt. is making to put Nigeria back to the part of sustainability for her citizens. Onu kwuru njo ga-ekwu mma. God Bless Nigeria. 31 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by Omooba77: 5:14pm On Jul 22, 2014 |
titoetal: We need more of the Fresh Air. Let it keep blowing till everyone confesses its presence. Imagine Toyota assemblying plant;chaiiii custom go no know daris God oh,less importation..... 14 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by psychologist(m): 5:59pm On Jul 22, 2014 |
Gud |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by patriotic007: 6:00pm On Jul 22, 2014 |
this new automobile revolution introduced by GEJ will make the GSM revolution look like a childs play 26 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by ednut1(m): 6:01pm On Jul 22, 2014 |
will it translate to more jobs abi dey will bring chinko labour waka come 4 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by priscaoge(f): 6:01pm On Jul 22, 2014 |
titoetal: We need more of the Fresh Air. Let it keep blowing till everyone confesses its presence.Seconded biko + God bless GEJ 9 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by kaima1984(f): 6:06pm On Jul 22, 2014 |
GEJ till 2019 16 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by Nobody: 6:06pm On Jul 22, 2014 |
Now I can say Goodluck is working. Make them bring back our girls sha 10 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by Decibel: 6:07pm On Jul 22, 2014 |
I can see the supporters of APC hovering around this beautiful thread like vultures .#TeamGoodGovernance. 29 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by freshness2020: 6:08pm On Jul 22, 2014 |
Nigeria is not doing bad anyway! We like naija we no go lie, na inside am we ǻƪƪ go make am, chai!!! Naijiria a digo nma! Ilu naija ti dara! Someone help me with τ̲̅ђe hausa version! #TeamGEJ2015! 15 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by Paspane: 6:09pm On Jul 22, 2014 |
GEJ abeg na take am easy with dis fresh air oh see as cold wan kill me d tin dey blow pass A C oh 14 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by gleaf: 6:09pm On Jul 22, 2014 |
They will be busy ranting while Gej wil be busy reconstructing Naija!!! 15 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by Built2last: 6:09pm On Jul 22, 2014 |
onu kwulu njo ga ekwu nma 5 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by xwolverine: 6:09pm On Jul 22, 2014 |
Nice initiative by the Government. 3 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by nasonaso: 6:09pm On Jul 22, 2014 |
GOD IS GREAT 6 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by Smartsyn(m): 6:10pm On Jul 22, 2014 |
hmmm.. singing * it's all over me,It's moving me around, tha GEJ fresh air is moving me around * 9 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by obiscolly(m): 6:11pm On Jul 22, 2014 |
Great news. I'm just hoping this will create so many job opportunities, especially for fresh graduates with little or no experience. 5 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by Sufdavinci(m): 6:13pm On Jul 22, 2014 |
And the price of spare parts will still sky rocket unchecked by the dump administration. Only God will deliver this country. 1 Like |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by donklint86: 6:14pm On Jul 22, 2014 |
Good news! 1 Like |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by Standard007(m): 6:14pm On Jul 22, 2014 |
GEJ till 2023!!!!!!! let dem haterz fuckoff did thread!!!!! 5 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by hazyfm: 6:15pm On Jul 22, 2014 |
FRESH AIR 2 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by stanprexy(m): 6:17pm On Jul 22, 2014 |
Good development. God bless Nigeria 3 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by ujoinme: 6:17pm On Jul 22, 2014 |
nice 1 Like |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by Nobody: 6:17pm On Jul 22, 2014 |
Largas: Make una take am easy with the fresh air na. Hopefully not the Terrorism sector. 1 Like |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by oseiwe(m): 6:17pm On Jul 22, 2014 |
Well, I await Mercedes' arrival. |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by ujoinme: 6:17pm On Jul 22, 2014 |
gej till 2019 1 Like |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by eunisam: 6:18pm On Jul 22, 2014 |
Oga what about the third class,are they not legible to own a car? I even wonder how many classes exist in Nigeria. #cashless n classless society. 1 Like |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by saasala(m): 6:19pm On Jul 22, 2014 |
Fresh air kor, poluted air ni 3 Likes |
Re: 30 Vehicle Manufacturing Plants Take Off Soon by Nobody: 6:20pm On Jul 22, 2014 |
Anybody that say that GEJ is not working, then he\she is definitely blind. He is improving our railway and changing to standard rail guage. Our power sector is improving. Our roads are getting better. Bad Governors are gradually going by vote or impeachment. Our automotive industry is coming up. Our economy is improving. Our airports are looking good. YouWin is empowering our youths. And haters are dying in hate. And GEJ is not going anywhere till May 2019. 14 Likes |
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