Temitope
Temitope Akinola
The Managing Director of Nissan South Africa, Mike Whitfield has said the company has no choice to support the auto industry in Nigeria. He said failure for the company to do this will open the door for other countries to benefit from the billions of money that will ensue in the industry.
He said this while responding this week about to doubts about the rationale of SA actively helping Nigeria to create and industry that could become a rival.
The Nigeria automotive policy is based on South Africa's 1995-2012 motor industry development program which was implemented by former Trade and Industry Minister of South Africa, Alec Erwin. Erwin has been advising Nigeria on setting up an automotive industry, using his previous experience. Erwin said on Monday that the industries would complement each other not compete.
It is noted that several multinationals have started building vehicles in Nigeria and others are also lining up. Nigeria will hopefully begin producing its own components within two years according to officials.
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He said this while responding this week about to doubts about the rationale of SA actively helping Nigeria to create and industry that could become a rival.
The Nigeria automotive policy is based on South Africa's 1995-2012 motor industry development program which was implemented by former Trade and Industry Minister of South Africa, Alec Erwin. Erwin has been advising Nigeria on setting up an automotive industry, using his previous experience. Erwin said on Monday that the industries would complement each other not compete.
It is noted that several multinationals have started building vehicles in Nigeria and others are also lining up. Nigeria will hopefully begin producing its own components within two years according to officials.
Read more on the story
