A proper vehicle finance scheme with government support for the establishment of more assembly plants in the country will avail the average Nigerian the opportunity to own a car, an automobile expert, Oluwatobi Ajayi, has said.
The development came about two years after the Council’s confirmation of its approval of 45 companies that signified interest in building vehicle assembly plants in Nigeria, following the Federal Government’s introduction of an auto policy to discourage importation of fully-built vehicles. Ajayi, who doubles as the Chairman and Chief Executive of Nord Automobiles Limited, also canvassed the government’s support for the industry to revolutionise the automotive sector.
These include the federal ministry of trade and investment, the NADDC, Federal Ministry of Finance, Budget and National Planning, and the Nigerian Customs Service .