Business Enquiries about Nigerian Auto Industry Increases, Says US Economic Official

Business enquiries from potential American investors related directly to the Nigerian auto industry have increased since the visit of President Muhammadu Buhari to the United States.

Counselor for Economic Affairs, Mr. Alan R. Tousignant stated this when he led other officials of the Economic Affairs Department of US Embassy in Nigeria on a visit to the Headquarters of National Automotive Council (NAC) in Abuja, recently.
Tousignant said the team was at NAC’s office to make enquiries about the Nigerian Automotive Industry Development Plan (NAIDP) with a view to informing the investment decision of American government and its business community.
He, therefore, needed to know more about applicable tariff structure, incentives, availability of skilled personnel, current total installed capacity, local value addition, industrial clusters and infrastructures.
They also wanted to know the applicable safety standards, annual national vehicle demand, export potentials to other countries, amongst others.






For the full story, check the full story in the This Day newspaper.



































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