Lagos - Seven Spanish companies have indicated their interest to help in the
development of Nigeria’s automotive industry.
The companies would soon be visiting the country to seek business
opportunities with stakeholders in the automotive industry.
Pablo Segrelles, Chief Economic and Commercial Counsellor of the
Embassy of Spain said the companies and other Spanish investors were prepared
to promote the Federal Government’s automotive industry development policies.
“The companies strongly believe that
the future of car manufacturing in Nigeria is positive. They see a good
business opportunity in Nigeria’s automotive industry.
"What the Nigeria’s automotive industry urgently needs is the know-how on
getting machinery from abroad.
"We feel that the best way for Nigeria to develop her automotive industry
is to allow investment with other countries,’’ he said.
He said that the companies that would be visiting the country very soon are
engaged in the production of brake pads, electrical components and other
He added that the Spanish Government would continue to promote bilateral
relations with Nigeria now and in the future
For the latest on national news, politics, sport, entertainment and more follow us on Twitter and like our Facebook page.