|Mr Tokunbo Aromolaran, MD VON Automobile|
Government to initiate a policy that will secure the nation’s automobile
industry for investors.
Aromolaran, who is also the
Chairman, Nigerian Automobile Manufacturers Association, gave the advice in an
interview with the News Agency of Nigeria (NAN) in Lagos.
policy should enable investors in the industry to channel their efforts towards
making long-term investment plans and profit.
very stable environment and that people that are investing have the assurance
that things will not continually change as has been the case in this country in
the past few years.
attract investments. If we attract investments, then we will gradually get to
where we want to go.
have the guts to give it a start and then, nothing that is good comes without
pain that we have to go through, after which we can then have a level and
competitive playing field.
cars flood the market, the volume produced locally would be small and the
prices will be high.
the tariff structure to support the local assembly facilities such that they
can produce in high numbers.
your overheads and each unit cost will be much lower.
situation in which we can produce cars at about the same price as a lot of our
people spend on buying five, seven year-old cars, which will never pass any
emission test anywhere in the world.
cars will find acceptance. Other people have rejected them.
being human and start living a fairly decent life.’’
massive importation of second-hand vehicles, saying that it had the capacity to
affect the country’s automobile development plan.
industry in Nigeria has the resources and the manpower required for the
production of automobiles to equal its counterparts in developed economies.