31.4 C
Lagos
Sunday, February 15, 2026

Grow Automobile Industry; limit Tokunbo, French envoy urges FG

Share this:

If well protected by limiting the age of used vehicles being imported, right taxation, favourable policies, Automobile Industry will grow & create jobs

If well protected by limiting the age of used vehicles being imported, right taxation and other favourable policies, the Nigeria Automobile Industry will grow and create thousands of jobs in the country, the French Ambassador to Nigeria, His Excellency Gaver Dengs has said.

On arrival, to receive them at hand were the MD/CEO Mr. Ibrahim Boyi with members of PAN Management team.

The ambassador expressed this when he led the Nigerian chapter of French Foreign Trade Advisory (CCEF) delegation on a courtesy visit to PAN Nigeria Limited, manufacturers of Peugeot brand of vehicles.

READ ALSO:  BREAKING: Tinubu govt stops FAAC allocation to Rivers

According to a statement signed by PAN’s Head, Corporate Communication,

Haroun Malami, the Ambassador said that huge potentials of the country’s automobile industry remain untapped.

“Limiting age of importation of fairly used vehicles, right duties and taxation will protect and encourage the growth of the automobile industry, which has the capacity to create thousands of jobs in the country,” he said.

On his part, the President Generale of CCEF Laurent Couderc described the visit as an interesting experience and exchange of ideas which need to be continued.

READ ALSO:  NELFUND denies allegations of missing funds in student loan scheme

Mr. Boyi made a brief presentation to the CCEF delegate at the Peugeot Learning Centre (PLC) hall on PAN operations and challenges in this period of economic down turn.

The presentation provoked certain thought on the delegates which borders on access to forex, operational profitability and government policy.

They were later taken round the assembly plant by the General Manager Industrial (GMI) Eng. Augustine I. Okolo.

Included in the visit were Eric Maydieu of the PSA group, Jean Jacques JUNG, Jean Raoul Tauhin and Claude ABILY press counselor embassy of France in Nigeria amongst others. 

READ ALSO:  BREAKING: Dino Melaye, other party agents walk out from collation centre

By Jacob Onjewu

© Copyright 2016 www.elombah.com; Send eyewitness accounts/reports/articles to publisher@elombah.com; follow us on twitter handle @Elombah; like our Facebook page: “Elombah.com”

Share your thoughts in the comment box below:

Share this:
RELATED NEWS

LEAVE A REPLY

Please enter your comment!
Please enter your name here

- Advertisment -

Latest NEWS

Trending News

Get Notifications from DDM News Yes please No thanks