Car manufacturer to open assembly plant in Nigeria in 2016

Anand Singh, Mitsubishi’s regional head, has revealed plans to set up an automobile assembly in Nigeria next year.

He made this announcement to Reuters last week.

“It’s still in negotiation – you can say in the third round out of 10. We have identified the land. Now we are waiting for some clearances from customs, finance ministry… so that’s the status."

Last week, Ford unveiled its first made-in-Nigeria sport utility vehicle (SUV).

READ: See the first Rover manufactured in Nigeria

A few days later, Peugeot unveiled it's ‘Made-In-Nigeria’ cars at the presidential villa, where it announced it's plans to assemble 4,000 cars in Nigeria by 2016.

READ: Presidency releases statement on ‘Made-In-Nigeria’ Peugeot cars

This influx of these automobile companies show that PricewaterhouseCoopers might be right in calling Nigeria, ‘Africa’s next automotive hub’.