Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.

Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.


Jonathan commends Nissan's investment in Nigeria

23 January 2014, 20:14

Abuja - The country is committed to developing its automobile industry through the implementation of the new national automotive policy, President Goodluck has said in Switzerland.

This followed a meeting with the Chief Executive Officer of Nissan Motors, Carlos Ghosn and representatives of Nissan's partners in Nigeria on the sidelines of the ongoing World Economic Forum.

According to Reuben Abati, the Special Adviser to the President on Media and Publicity, a key objective of the new policy was to make new cars affordable to more Nigerians.

"The only way to reduce the preponderance of second hand cars on our roads is to produce good quality cars with affordable pricing locally," the President is quoted in a statement Abati made available.

He welcomed the Nissan group's investment in vehicle production in Nigeria.

Jonathan noted that all investors in local automobile production in the country would have a huge market ready for their products.

"The automobile industry in Nigeria has a huge potential for growth. The market is not just Nigeria, but the entire West African region," the President said.

Ghosn applauded the Federal Government's new automotive policy, saying that it would encourage the inflow of investments and technical expertise to boost domestic vehicle production.

The government is preparing to implement a new auto policy that may see an increase in the tariff paid on imported vehicles up to 70 per cent

- CAJ News


Read News24’s Comments Policy

Comment on this story
Comments have been closed for this article.

Read more from our Users

Nigeria @ 56: Words to my green f...

A leader’s job is not to dictate, but rather to be respected, admired and be a trustee, of the land we love, with so much potential, a land which should be freer than free. Its still a long way to fufilling our destiny! Read more...

Submitted by
Isaac Asabor263
Recession: An opportunity for Nig...

The recession should be seen as an opportunity for the country’s promotion as long as we all collectively conduct ourselves in a patriotic manner, writes Isaac Asabor.  Read more...

Submitted by
Black and White

We want to imitate the whites in everything because we are ignorant of our inherent originality and content. We spend all our Naira to acquire his inventions because we so oblivious of our natural endowments that we allow him have it for free. Read more...

Submitted by
Nate Nat
Adamawa State University Mubi: A ...

ADSU integrity forum has accused the Sunday Joshua Wugira, a lawyer, of adopting unorthodox tactics by abusing his privilege by attacking the integrity of ADSU Vice Chancellor Dr. Moses Zira Zaruwa, writes a News24 reader. Read more...

Submitted by
Abdulsalam Jubril
My Country Nigeria (Part One)

Poetry by Abdulsalam Jubril.

Submitted by
Abdulsalam Jubril
Recession, dearth in leadership a...

Every leader has the opportunity to become great and making himself immortal in the lives and hearts of people for generations to come. Will Mr. President seize this opportunity?, questions Abdulsalam Jubril. Read more...