• Home
  • Posts
  • About
  • Contact
  • Privacy Policy
Broom Home
  • Home
  • News
  • Politics
  • Education
  • Business
  • Sports
  • Entertainment
No Result
View All Result
  • Home
  • News
  • Politics
  • Education
  • Business
  • Sports
  • Entertainment
No Result
View All Result
Broom Home
No Result
View All Result
- Advertisement -
Home Business

Fast Track Legislation on Automotive Policy – Wadada

Brooom by Brooom
October 20, 2020
in Business
0

Wadada wants President Buhari fast track legislation on automotive policy

The Chairman, PAN Nigeria l.t.d, Alhaji Ahmed Wadada has appealed to President Muhammadu Buhari to fast-track legislation on the automotive policy to enable National Automotive Council (NAC) enforce its implementation.

Wadada in a statement issued on Tuesday in Abuja, assured that PAN Nigeria ltd would lobby the National Assembly to support President Buhari to ensure the enactment of the legislation.

The PAN boss, however, thanked Ptesident Buhari for creating an enabling environment for the company to be able to commit huge investment.

He expressed hope that Buhari would continue to sustain the favourable environment to attract more investors in to the country.

READ ALSO:  #Infrasture Development: Gombe State Govt Approves N16.4bn for 1st Phase of Industrial Park Project

The former lawmaker also appealed to the Central Bank of Nigeria (CBN) to support the company and all other genuine assembly plants by making foreign exchange available for their imports.

Wadada revealed that the company would introduce a robust car financing scheme which would be a collaboration and partnership between its dealership and few selected banks.

” This will be in fulfilment of President Buhari’s wish for Nigerians to afford brand new vehicles, ” Wadada said.

The PAN boss also disclosed that over the next three years, the company would be injecting 150 million dollars for retooling, upgrading of the assembly line, support infrastructure and for working capital.

READ ALSO:  $2 billion backlog worries operators as BDCs resume

” We treasure our human capital and strongly believe in them to drive our vision and aspirations for PAN Nigeria.

” That is why we are immensely putting in place an attractive condition of service that will retain and motivate our human capital.

” And also attract the best hands to restore PAN Nigeria to it’s number one position in Nigeria and West Africa.

” In 2019, Nigeria imported at least 400,000 used cars (Tokunbo) as against 68,000 brand new vehicles.

” Because of this imbalances, PAN Nigeria will be introducing new brands of vehicles into the market to re launch brand affordability in Nigeria, such that Nigerians will have access to brand new vehicles.” Wadada said.

READ ALSO:  Virtual Meetings Replaces Conventional Conferences

Brooom Nigeria
broomhome.com.ng
08068505032 whatsapp
09054006557 Text/Call broomforeveryhome@gmail.com
Facebook.com/broom.home.1
Twitter@broomhome
Instagram@broomhome

Previous Post

#EndSARS Protests Hijack: Lagos Imposes 24hr Curfew

Next Post

Lekki Toll Gate Shooting: Lagos State Denies Complicity

Brooom

Brooom

Prince Babatunde also called Brooom is a Nigeria born and based writer, a political journalist, political consultant, publisher and a businessman. Almost a decade now, he has been involved in reporting political activities affecting grassroot development's. He has helped to proffers several solutions to improving lives of many Nigerians especially poor people. His group's is presently working on a mission to develop a template programme for a Cleaner Nigeria and more.

Related Posts

Politics

Hillary Clinton in white pantsuit for Trump inauguration

February 6, 2022
Politics

Amazon has 143 billion reasons to keep adding more perks to Prime

February 5, 2022

These Are the 5 Big Tech Stories to Watch in 2017

February 3, 2022
Next Post

Lekki Toll Gate Shooting: Lagos State Denies Complicity

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

No Result
View All Result

RECENT POSTS

I advised Peter Obi to get out of the presidential race because he cannot win, said Arthur Eze

December 28, 2022

President Buhari called Atiku “a Symbol of Service and Dedication”

December 28, 2022

Three Dead People Found With Organs in Ibadan

December 28, 2022

A Nigerian man who sold drugs in India faces a 20-year prison sentence

December 28, 2022

Military Helicopter Crash in Niger Republic Leaves Three Dead

December 28, 2022

We live in fear of being killed by northern Muslims despite them wishing us a happy holiday – Kukah

December 28, 2022

CATEGORY

  • Agriculture
  • Business
  • Education
  • Entertainment
  • Foreign News
  • Health
  • Immigration
  • National Security
  • News
  • Politics
  • Religion
  • Scholarship
  • Sports
  • Travel Tips
  • Uncategorized

Browse by Category

  • Agriculture
  • Business
  • Education
  • Entertainment
  • Foreign News
  • Health
  • Immigration
  • National Security
  • News
  • Politics
  • Religion
  • Scholarship
  • Sports
  • Travel Tips
  • Uncategorized

Recent News

I advised Peter Obi to get out of the presidential race because he cannot win, said Arthur Eze

December 28, 2022

President Buhari called Atiku “a Symbol of Service and Dedication”

December 28, 2022
  • Home
  • Posts
  • About
  • Contact
  • Privacy Policy

© 2022 Broom Home - All Right Reserved .

No Result
View All Result
  • Home
  • News
  • Politics
  • Education
  • Business
  • Sports
  • Entertainment

© 2022 Broom Home - All Right Reserved .