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Nigeria Boosts Local Vehicle Assembly to Increase GDP

Nigeria Boosts Local Vehicle Assembly to Increase GDP

JOHANNESBURG--October 20, 2014--Written by Richard Finlayson, Senior International Editor for Industrial Info Resources (Sugar Land, Texas)--In a development that would add significantly to Nigeria's manufacturing base, 23 companies have signed commitments with technical partners to assemble autos, mini-buses, pickups, buses and trucks in Nigeria. These initiatives were made under the country's new Automotive Industry Development Plan (NAIDP).

Within this article: Efforts by Nigeria to boost local assembly of motor vehicles.

Other companies featured: Toyota (NYSE:TM), Ford Motor Company (NYSE:F), Tata Motors (NYSE:TTM)