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Ban on vehicle importation to encourage domestic production, says Buhari

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President Muhammadu Buhari has said the ban on importation of vehicles through land borders was to encourage Nigerians to patronise locally assembled vehicles.

The President stated this in Enugu on Saturday during the foundation stone laying ceremony of Eastern Vehicle Assembling Limited (EVAL) and launch of EVAL vehicles.

Buhari, represented by his Senior Special Adviser on Legal and Electoral Matters, Mrs. Juliet Ibekaku, also pledged to put in place the enabling environment to encourage and protect locally assembled vehicles.

According to Buhari: “We are already fine tuning our procurement policy to support preferential purchase of local vehicles. We are optimistic that in no distant time the support we are giving the automotive sector will generate more jobs and career employment for our young and teeming youths as well as drive the economy.

He disclosed that the recent ban on importation of vehicles through land borders would encourage Nigerians to patronise locally assembled vehicles like EVAL.

Governor Ifeanyi Ugwuanyi said the establishment of the company in Enugu State was part of plans to drive investments in the country.

Governor Okezie Ikpeazu also said his government would ensure the sustainability of EVAL by making its vehicles its official cars in Abia State.

“We have placed emphasis on locally-made goods. We promise to make EVAL vehicles our official cars once the project takes off in Abia State.”

Also, Executive Director, Treasury, Keystone Bank, Mr. Afeez Bakare, said his bank went into partnership with EVAL to provide employment for Nigerian youths.

Managing Director of Eastern Vehicle Assembling Limited, Mr. Joseph Okechukwu, said the coming of EVAL was in response to the clarion call of the Federal Government and south east states to open up investments and woo foreign investors.



2 Comments
  • KennBest

    This Buhari and his entire administration is so clueless. How about you encourage domestic production by ordering peugeot cars from PAN for yourself and all of your cabinet members. That’s where it starts and that’s how to encourage domestic production. What is your administration’s plan to encourage domestic production or assemblage? This is not another school feeding program, ok. You want to encourage local production BUT you can’t even boast of 24 hours power.

    Name one rubber industry in Nigeria that will produce a locally made tire. Go to Cross Rivers (Tinapa) and see a completely wasting rubber plantation because the factory is located in Akwa Ibom and the two states, we’re told, can’t resolve ownership. Have you heard of International Glass Industry in Aba? Reviving that industry to full production capacity can, at least, guarantee production of vehicle windshields, windowpanes, and mirror production.

    The truth is, governments (federal and state) has only paid lip service to the plight of Nigerians. There’s more to “locally made/assembled vehicles” than just coming on the pages of newspaper to insult our intelligence with stupid generalistic statements about locally made whatever.

  • O. Adewole

    Please don’t control supply instead create demand for locally made in Nigeria goods. Make all your ministers, heads of civil service, commissioners, chairmen and lecturers buy made in Nigeria cars. This will create direct demand. If you increase the demand for these items, the companies will have to expand in order to meet market demand. FG should give the companies incentives like tax reduction which will further increase the companies profit margins. When Bin Laden attacked US with aircraft, what President Bush did was to ride in United airlines aircraft to tell the Americans that air travel was safe again to boost the public confidence. You cannot tell Nigerian to buy made in Nigeria goods while you buy foreign goods. By banning supply, you’re creating demand for sophisticated smugglers. Use that resources to promote made in Nigeria goods and not just cars alone but houses, and electronics as well.