ADVERTISEMENT

“We hope to launch the affordable vehicle purchase this year,” DG announces

Nigerians will have affordable vehicle acquisition scheme early this year.

NADDC

Nigerians are getting affordable vehicle acquisition scheme soon.

According to the director general of the National Automotive Design and Development Council (NADDC), Engineer Aminu Jalal, this scheme is only for Nigerian-made cars.

"We hope to launch the affordable vehicle purchase this year when we complete the registration process with the CBN," he said.

Mr. Rasheed Bello,  the spokesman of the Council, shed light on the goal of the scheme.

ADVERTISEMENT

“The NADDC Scheme has been designed around a network of vehicle dealers and manufacturer’s distributors from whose enterprise the purchase process will commence. Nigerians’ capability to buy new automobiles and components supplied will be assured by the operation of a credible credit purchase scheme integrated with a dealership programme to drive demand."

NADDC was formerly National Automotive Council (NAC).

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Yahaya Bello: School writes EFCC to refund $760k fees paid for ex-Kogi gov's children

Yahaya Bello: School writes EFCC to refund $760k fees paid for ex-Kogi gov's children

Cross River Govt to compensate Calabar/Itu property owners with ₦400m

Cross River Govt to compensate Calabar/Itu property owners with ₦400m

Tinubu is not afraid to make tough decisions even if they bring hardship

Tinubu is not afraid to make tough decisions even if they bring hardship

Anambra Govt to distribute new malaria vaccine, aims for malaria-free State

Anambra Govt to distribute new malaria vaccine, aims for malaria-free State

Commuters trek to work - Fuel hike halts Kaduna motorcyclists services

Commuters trek to work - Fuel hike halts Kaduna motorcyclists services

TETFund denies corruption allegation, vows to sanitise tertiary education system

TETFund denies corruption allegation, vows to sanitise tertiary education system

Excessive heat in Kano State may lead to heat-stroke, meningitis cerebrum

Excessive heat in Kano State may lead to heat-stroke, meningitis cerebrum

Tinubu says Nigeria, Netherlands partnerships will aid economic development

Tinubu says Nigeria, Netherlands partnerships will aid economic development

Tinubu mourns Sen Ayogu Eze's passing, extends condolences

Tinubu mourns Sen Ayogu Eze's passing, extends condolences

ADVERTISEMENT
ADVERTISEMENT