Monday 23 December 2013

Made-in-Nigeria vehicles to sell for N1.2m – FG



The Federal Government, in a bid to ensure the successful implementation of its recently approved National Automotive Industry Development Plan, said it would encourage local auto manufacturers to produce less expensive models with price range of between N1.2m and N1.5m.

These are contained in a statement issued on Sunday by the NAC and obtained by our correspondent in Abuja.

“For policy consistency, NAIDP is formulated as a 10-year programme (2013-2024) subject to review after five years while its major elements would be legislated over the next two years.”

But My question is, Is this to be Trusted or Not

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