L
LequteMan
Guest
Nigeria- The federal government, through the National Automative Council, has partnered with WesBank of South Africa to roll out made-in-Nigeria vehicle finance scheme to come into effect before the end of 2015. The Nation reports.
According to a statement from the bank, "the WesBank team had interactive session with potential partners including selected vehicle dealers to obtain first hand information to get acquainted with certain dealership practices peculiar in Nigeria.”
“The NAC scheme has been designed around a network of vehicle dealers, manufacturers, distributors from whose floor the purchase process will begin.
“Earlier, NAC had signed a Memorandum of Understanding with First Rand Bank in Johannesburg, South Africa mandating WesBank to manage consumer vehicle financing for Nigerian assembled cars.”
The Director General, NAC, Aminu Jalal, maintained that the federal government approved the Nigeria Automotive Industry Development Plan, NAIDP, to attract investment from vehicle manufacturers globally and grow the supply of locally manufactured vehicles.
#Nigeria #NAC
According to a statement from the bank, "the WesBank team had interactive session with potential partners including selected vehicle dealers to obtain first hand information to get acquainted with certain dealership practices peculiar in Nigeria.”
“The NAC scheme has been designed around a network of vehicle dealers, manufacturers, distributors from whose floor the purchase process will begin.
“Earlier, NAC had signed a Memorandum of Understanding with First Rand Bank in Johannesburg, South Africa mandating WesBank to manage consumer vehicle financing for Nigerian assembled cars.”
The Director General, NAC, Aminu Jalal, maintained that the federal government approved the Nigeria Automotive Industry Development Plan, NAIDP, to attract investment from vehicle manufacturers globally and grow the supply of locally manufactured vehicles.
#Nigeria #NAC
