The new automotive development plan aimed at developing Nigeria’s Automotive Industry (NIA), has received a boost with the consolidation of technical and commercial synergy between Automobile Peugeot (AP) France and PAN Nigeria Limited.
In a bid to strengthen the technical and commercial agreement renewed with AP France last year, the management of PAN has received a team of auto manufacturing experts from AP France who came in to inspect the company’s facilities in readiness for the production of Peugeot 301 and 508 vehicles scheduled for the second quarter of 2014.
This development is coming barely three months after the federal government has approved the new automotive development plan aimed at developing Nigeria’s Automotive Industry (NIA), and place Nigeria in the league of auto-producing countries.
Speaking at the end of the facility tour, the visitors expressed delight with the standard of the factory equipment, and expressed confidence that with what they saw on ground, PAN is ready to commence production.
Ibrahim Boyi, the managing director, PAN Nigeria Limited who received the team of experts from France, thanked the visitors for their commendation and pledged to leverage on the new automotive development plan approved by the government last year for PAN to re-establish its position as the pioneer and leading auto manufacturer in Nigeria.
It would be recalled that last year, Boyi, called on the federal government to put in place favourable policies that would protect local auto manufacturers in Nigeria, stressing that PAN has the capacity to produce cheap and affordable cars for Nigerians at all levels.
