Stallion Group presents Made-in-Nigeria Vehicles to President Jonathan

THREE brands of Nissan automobiles, made-in-Nigeria, Nissan Patrol SUV, Almera Sunny saloon car and Nissan NP 300 Pick-Up van, were Thursday presented to President Goodluck Jonathan as they were introduced into the market during an exhibition.
Sunil Vaswani, Chairman of the Stallion Group, who presented the three models to President Jonathan, said they were manufactured the made in Nigeria Nissan automobiles were showcased to commemorate the nation’s democracy celebration and to highlight the local manufacturers success story.

    “The vehicles presented meet global standards of products and technology and were proudly produced at the Stallion Nissan Motors plant located at Badagry expressway, Lagos, pursuant to the new automotive policy initiated by the Federal Government. The vehicles presented meet global standards of products and technology”, the Stallions boss said.

    Vaswani described Africa as a strategic market for Nissan and added that the decision to produce prototypes in Nigeria was to demonstrate the brand’s innovation and to capture the sub-Sahara market, using the Nigerian production plant.

    He described the vehicles as the result of resilience, saying the Lagos plant was established after the signing of the agreement between Nissan Motor Company and West African Conglomerates, the Stallion Group on October 9th, 2013.

    While expressing the confidence that the large population of people in Nigeria would be of advantage to the company, Vaswani who led the Stallion Nissan delegation to Abuja, said the company would supply 45,000 vehicles annually.

      He described Federal Government’s automotive policy initiative as an historic step towards industrial and economic boom, adding that plans are underway to expand its investment in Nigeria to further stimulate growth in the economy and attract foreign investments as envisaged by the new automotive policy.

    He commended the president for his effort in facilitating the production of the vehicles in Nigeria.

    “The evolution of automotive manufacturing sector in Nigeria would not only encourage more foreign direct investments but stimulate industrial clusters such as original equipment manufacturers, aftermarket shops and transportation service providers leading to job creation and contributing significantly to the GDP,” he said.

Source: The Guardian