We will not ban 'Tokunbo' cars, but give Nigerians better alternative--DG,NAC

Engr. Aminu Jalal, DG, NAC

Dealers in used vehicles popularly known as 'Tokunbo' in Nigeria, will be integrated into the implementation plan of the new automotive policy.
Engr. Aminu Jalal,  the Director-General of the National Automotive Council(NAC)  disclosed this on Wednesday in Lagos at a meeting with the Motor Dealers Association of Nigeria(MODAN).
He said the scheme was being worked out to ensure that the dealers in 'tokunbo' cars are brought together to begin to operate as channels of distribution and sales for the automobile assembly plants.

"The scheme will integrate dealers in used cars into the implementation of the new policy.
"This will ensure they are still in business even stronger as outlets for selling the locally-assembled cars.
"We also look for to a situation where they will still sell used cars, but internally-generated from people who want to sell their used cars," he said.
The director-general said the policy would also consider the possibility of an affordable vehicle-financing scheme to enable Nigerians buy new cars with ease.
"We will not ban ‘tokunbo’, but ensure that the workable alternative shapes the market and satisfy the generality of Nigerians."
According to Jalal, it is hoped that six more companies in addition to those that are being revived would begin operation of their assembly plants in Nigeria.
Also speaking at the meeting, the National President of the Motor Dealers Association of Nigeria(MODAN) 
Mr Ben Oghumu,  stated that the implementation of the policy should incorporate a hire-purchase model to enable the average Nigeria buy a car and pay with ease over time.
"The policy should allow an average working-class Nigerian buy a car and pay over time with ease."
Oghumu however condemned a situation where the local manufacturers also market and sell the vehicles directly without involving the motor dealers.
"We have not seen the locally-assembled cars because they are interested in selling directly to government on cash and carry basis.
"The programme cannot be run like that because the motor dealers should be incorporated to continue their business," he said.
According to the director-general, six companies already have automobile assembly plants locally.