WHAT NOBODY CONTEMPLATED WOULD HAPPEN IS HAPPENING UNDER JONATHAN: The National Automotive Council Says 21 automobile companies to set up assembly plants in Nigeria The National Automotive Council (NAC) on the implementation of the new automotive policy revealed that 21 companies have so far signed commitments with technical partners to set up assembly operations in Nigeria. This move, industry watchers say, will boost local automobile assembly and discourage influx of grey and parallel imports into the country. The status of implementation so far indicates that all of the parties have obtained land or factories for assembly operations. Also, while all the companies except two have completed their feasibility studies, two of them have started building their factories. There are very strong indications that three will start assembly operations before the end of the year, while six have started already. today.ng/business/21-automobile-companies-to-set-up-assembly-plants-in-nigeria-nac/
Posted on: Mon, 08 Sep 2014 07:35:24 +0000
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