Metro FG Promises 25,000 Made in Nigeria Cars This Year at N1.7m Each

Vunderkind

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Nigeria auto manufacturing companies will produce 25,000 vehicles by the end of this year, while the new tariff regime for the automotive industry will take effect from July 1.

Director General of the National Automotive Council (NAC) Aminu Jalal disclosed this at a media roundtable in Abuja yesterday.
Jalal said: “Manufacturers plan to produce 25,000 made in Nigeria vehicles by the end of 2014 and they will be given the concession to import two vehicles for every one produced to fill the gap that is likely to be created by the policy on the short run.

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Source: Daily Trust
 

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