President Bola Tinubu pledged on Friday to expedite the passage of legislative payments geared toward bolstering Nigeria’s car business.
He urged native producers to prioritise the manufacturing of top-quality, reasonably priced autos for Nigerians, notably as his administration not too long ago launched a shopper credit score scheme.
Tinubu made these remarks throughout a courtesy go to from the African Association of Automotive Manufacturers and the Nigerian Automotive Manufacturers Association in Abuja, represented by his Chief of Staff, Mr. Femi Gbajabiamila.
The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, confirmed in a press release titled ‘Automotive Manufacturers Pay Courtesy Visit to President Tinubu.’
The delegation, led by the Minister of Industry, Trade and Investment, Ms. Doris Uzoka-Anite, included the Director-General of the National Automotive Design and Development Council, Mr. Joseph Osanipin, together with representatives from the Nigerian Airspace Management Agency and Executive Directors of Stallion Group, Toyota/CEAO, and NISSAN.
“He (Tinubu) promised to assist in facilitating the speedy passage of the legislative bill,” the assertion learn, including that domestically manufactured autos ought to meet the very best high quality requirements to enrich authorities efforts in revitalizing the business.
According to at least one affiliation spokesperson, the go to aimed to replace President Tinubu on efforts to begin car and spare components manufacturing in Nigeria.
They knowledgeable the President’s Chief of Staff {that a} legislative invoice to drive the automotive business was being drafted and reviewed by the Federal Ministry of Justice.
They additionally emphasised the business’s potential to generate huge employment for Nigerian youths and alleviate overseas alternate pressures.
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Gbajabiamila thanked the delegation, assuring them of the President’s dedication to Nigeria’s industrialization by varied insurance policies.
He additionally urged the associations to concentrate on producing autos reasonably priced to all Nigerians, particularly amid Tinubu’s initiative to offer shopper credit score for tens of millions to entry automobiles and important items and companies.