Business Nigeria Revives 14 Dying Auto Assembly Plants

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LequteMan

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Nigeria has revived 14 auto assembly plants which existed before the implementation of automotive policy, Mr. Aminu Jalal, the Director-General of the National Automotive Design and Development Council (NADDC), said on Tuesday.

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He said the policy objective of bringing back the automobile assembly plants had been achieved.

The director-general said that new entrants in the automobile business were also doing well, adding that the council had suspended the issuance of new assembly plant licences.

Jalal stated this in Lagos at a stakeholders meeting of the Committee on Implementation of the Nigerian Auto Policy.
 
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