Automotive policy on made in Nigeria vehicles underway – Aganga

[MrVan]

By Favour Nnabugwu

A National Automotive Policy that will give priority to the patronage of vehicles assembled in Nigeria will soon be sent to the Federal Executive Council for approval.

The Minister of Trade and Investment, Mr. Olusegun Aganga, stated this weekend at a meeting with officials of General Motors led by the Managing Director, GM South Africa and President of GM Sub-Saharan Africa, Mr. Edgar Lourencon in Abuja.

He noted that the policy, when fully implemented, would fast-track the growth and development of the nation's automotive industry, create jobs and generate wealth for the country.

"We are working on a new automotive policy that will prioritise the patronage of vehicles assembled in Nigeria. The policy is part of the Integrated Mass Transit Policy of President Goodluck Jonathan, which is aimed at providing efficient and affordable mass transit for Nigerians".

"We want to leverage the policy to develop our local automotive industry by ensuring that we patronise vehicles that are assembled here in Nigeria. By so doing, we will be able to boost the productivity of our vehicle assembling plants, create jobs, generate wealth and transform our economy," Aganga stated

Minister of Trade & Investment, Olusegun Aganga

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