President Goodluck Jonathan has said that Nigeria will become an automobile exporting nation very soon, noting that his administration is committed to the National Automobile Policy. He made the statement on his facebook page on Tuesday.

The President stated that, “when this administration launched the new National Automobile policy, I promised Nigerians that our nation will ultimately become a hub for the automobile industry. Today (Tuesday), this promise has been fulfilled several times over as Hyundai Motors joins Kia, Nisan and Innoson Motors as automobile manufacturers who produce cars in Nigeria. This is only the beginning. This policy will be seen to its logical conclusion of making Nigeria an automobile exporting nation after our domestic demands are met in the same manner as we did with our cement sub sector,” he said.

The trust of the National Automotive Policy is to ensure the survival, growth and development of the Nigerian automotive industry using local human and material resources.  This is with a view to enhancing the industry’s contribution to the national economy in the areas employment generation, technology acquisition, effective utilisation of local raw materials and resources and in the transportation of people and goods.