Showing posts with label Automotive. Show all posts
Showing posts with label Automotive. Show all posts

Sunday, November 10, 2013

Nigeria spent ₦1.05 trillion on imported cars last year — Automotive



Nigeria spent about N1.05 trillion last year on importation of vehicles and spare parts, while its local car assembly plants suffered monumental loss in patronage, according to the Director General of the National Automotive Council (NAC), Alhaji Aminu Jalal.

Meanwhile, the Peugeot Automobile of Nigeria (PAN), which produced 90,000 cars in 1985, and had about 4,000 permanent employees, now produces about 3,000 vehicles annually with 250 staff, its Managing Director, Alh. Ibrahim Boyi, said.

ST

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