Nigeria Exchange
About Us Advertise News Business Addresses Nigeria Events Newspapers Newsletter More
Search Nigeria Sites & Businesses Search Tips

News General Sports Business Odd / Funny Tech Entertainment Articles Author Login Comments More Categories Author List
Email A Friend  |   Print

Nissan Motors to roll out first made in Nigeria SUV in April
| January 24, 2014
At a meeting with President Goodluck Jonathan, of Nigeria, at the ongoing World Economic Forum in Davos, Switzerland, the Chief Executive Officer of Nissan Motors, Carlos Ghosn, said that Nissan plans to roll out the first made in Nigeria Sport Utility Vehicle (SUV) in April. He applauded the new automotive policy that has been put in place by the Federal Government , saying it would encourage foreign investment and technical expertise and will boost domestic vehicle production. He also said, âWe are interested in producing popular cars, adapted to the needs of Nigerians.â President Jonathan also spoke about the policy and said his administration was committed to developing Nigeriaâs automobile industry. He said the main objective of the policy is to make new cars affordable saying, âThe only way to reduce the preponderance of second-hand cars is to produce good quality cars with affordable pricing locally. The automobile industry in Nigeria has a huge potential for growth. The market is not just Nigeria, but the entire West African region,â The president also pointed out that investors in local automobile production will have a big and available market for their products. In a statement, the Special Adviser to the President on Media and Publicity, Dr. Reuben Abati, said the goal would be to produce two to three million cars in Nigeria annually and this would lead to the creation of thousands of jobs. The vehicles are to be built at the old Volkswagen Assembly plant.

(2) Comment


"The views and opinions expressed in these comment(s) or article(s) do not necessarily reflect the views or opinions of NGEX, its partners or its affiliates."
Olusegun Peter Ajibike    Lagos, Nigeria    January 30, 2014
The great President (Dr GoodLuck Jonathan Ebele Azikwe) of our great country Nigeria, please be aware that as the President of this great nation, Nigeria, you are our (Nigerians) eyes to see opportunities, mouths to speak justice (Leverage) and also our legs to walk into our promise land (Piggyback). May God help you, Amen
OMOTAYO, J. A.    Accra, GHANA    January 25, 2014
Good news! The dream of assembly or production of new SUV in Nigeria is a welcome development. I can only hope that Toyota and Honda both plan to produce one or more brands here in Nigeria too.

However, I like to reflect if only to allow history to be my guide. In the 1970s and 1980s, there were so many vehicle assembly plants in Nigeria: Peugeot assembly plant in Kaduna, Volkswagen assembly plant in Lagos, Leyland assembly plant in Ibadan, Mercedes assembly plant in Enugu, Styre assembly plant in Bauchi and Fait assmebly plant in Kano. What killed them or why are they dysfunctional? The new automobile (automotive) policy has not addressed this issue.

Will the good news of today not become our nightmare tomorrow? There are many things to address here. I hope to find time to lay out the many ignored aspects of this new arrangement. God save Nigeria.
Results » 1-2 of 2      Result Page »  <   1  >

More News »
follow NgEX on Facebook
Submit An Article
"Press Releases"    More »
Abiodun Idris | December 22, 2014
Greatest Nigeria students and masses of our dear country. I want to start this write up by saluting...
Submit A Press Release »
News / Comments   More »
Debts: What you should know as a Nigerian entrepreneur
February 25, 2016 | Gary Crenshaw | 1 posts
It is normal for businesses to owe money at the beginning of a business. That's what separates entrepreneur...  Post comment »
10 Lucrative Business Opportunities in Nigeria
December 03, 2015 | OJOMA THOMAS | 3 posts
How can I start a snails business,fairly used clothes and a poultry7071  Post comment »
Article / Comments   More »
Piracy In The Gulf Of Guinea: Africom And This Dangerous Ahoy
March 11, 2013 |  Aliu Magaji | 1 posts
This is good. The writer wrote from Avery informed standpoint. Th recent joint military exercise must...  Post comment »
Will The New N5,000 Currency Bring Inflation? - Part 1
September 20, 2012 |  Mr Ezedibalugbo | 1 posts
The issue of new N 5000 currency is not adverseable to our economy, In my own ponit of veiw our economy...  Post comment »
Submit An Article
Copyright © 2005 -2013 NgEX. All rights reserved.