
Nigeria Signs MOU With Volkswagen Group to Boost Industry
The Nigeria automotive industry has got a boost with the signing of a Memorandum of Understanding with the Volkswagen Group to develop a joint vision for an automotive hub in the country.
Mr Bisi Daniels, Strategy and Communications Adviser to the Minister of Industry, Trade and Investment, Mr Okechukwu Enelamah said this in a statement in Abuja on Monday.
Daniels said Enelamah signed the MOU on behalf of Nigeria while the Head of the Sub-Saharan Region of Volkswagen, Thomas Schaefer, signed on behalf of Group.
According to him, Volkswagen undertakes to implement a phased approach in relation to the assemblage of vehicles.
He said this would start from assemblage of kits with the long-term view of establishing Nigeria as an automotive hub on the West Coast of Africa.
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