
STATE HOUSE PRESS RELEASE
NEW AUTOMOTIVE POLICY WILL MAKE NEW CARS AFFORDABLE TO MORE NIGERIANS - PRESIDENT JONATHAN
President Goodluck Jonathan said Thursday in Davos, Switzerland that his Administration is fully committed to rapidly developing Nigeria's automobile industry through the diligent implementation of the country's new national automotive policy.
Speaking at a meeting with the Chief Executive Officer of Nissan Motors, Mr. Carlos Ghosn and representatives of Nissan's partners in Nigeria on the sidelines of the ongoing World Economic Forum, President Jonathan said that 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 said.