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‘New automotive policy to create 700,000 jobs’

‘New automotive policy to create 700,000 jobs’

*Zahav auto assembly line in Ikotun Lagos

By Franklin Alli

The Federal Government, weekend, projected that the new automotive policy would create more than 700,000 direct and indirect jobs across different sectors of the economy.

The Minister of Industry, Trade and Investment, Mr. Olusegun Aganga, gave the projection during the inauguration of Precision Auto Care Centre, an integrated, state-of-the-art automobile facility owned by Kunech Group, in Lagos.

Aganga said: “The automotive industry in Nigeria currently employs about 2,500 people, but the implementation of the new automotive policy will generate more than 700,000 direct and indirect jobs.”