Few weeks after Volkswagen announced that it will resume assembling
vehicles in Nigeria, Indian auto giants, TATA, is following suit.
India owned auto giants, TATA Automobile Company is set to commence assemblage of its brand of vehicles in Nigeria, in response to the country’s new policy in the automobile sector.
This
is in the realisation of Nigeria’s drive to attract maximum benefits
from trade partnership with major auto manufacturers as part of efforts
to boost employment generation and improve the nation’s earning in the
non-oil sectors.
In the dying days of the
administration under former President Goodluck Jonathan, the government
had put in place a national auto policy aimed at attracting foreign
direct investments.
Many of the major vehicle
manufacturers such as Nissan, Volkswagen, had in the past one year,
either commenced auto assemblage in Nigeria or are currently taking
advantage of the new national auto policy.
But
National Automotive Council (NAC), while assessing efforts so far,
assured Nigerians of quality of their products as TATA Motors Limited
disclosed plans to establish an automobile assembling plant in Nigeria.
According
to the Regional Manager of TATA North and West Africa, Kshitij Verma,
the company has concluded arrangements to unveil the first set of
assembled trucks by the 3rd week of August, 2015.
While
addressing TATA executives in Abuja, the Director General of NAC, Engr.
Aminu Jalal, reassured Nigerians that value is being added locally to
brands assembled in Nigeria and that high quality employment is already
happening even though assembling operations at the moment is at the semi
knocked down level.
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