Chinese manufacturer lists impediments to Nigeria’s auto industry

The Chairman of CIG Motors Co. Limited, Chief Diana Chen, has said lack of stable electricity supply, and insecurity are among the hurdles militating against the effective operation of the automobile assembly plants in Nigeria.

Chen disclosed this on Tuesday at the official opening of the Guangzhou Automobile Group Motor Abuja G-Style Showroom and the unveiling of the new GS8 premium SUV in Abuja.

“Power stability is one challenge. Without a stable electricity supply, it is difficult to have manufacturing here. Another one is a security issue,” she said.

She urged the incoming government to tackle security issues with a sense of urgency, stressing that GAC Motor is willing and ready to work with the government at all levels to rebuild the capabilities of the youth population towards becoming well-trained, skilled, and technical people especially in the area of the automobile industry.

According to her, Nigeria boasts of great potential both in the economic and auto market growth across Africa.

Chen further implored the Federal Government to develop policies that encourage Nigerians to purchase brand new vehicles rather than the current reliance on imported fairly used ones, noting that such a policy would boost investment in assembling plants that would in turn create jobs and wealth for the country.

She disclosed that the company was already in partnership with four banks in the country that allows customers to purchase its cars while paying back in monthly installments.

“GAC Motor Nigeria is committed to building and developing the future of the automobile industry in Nigeria, and believes that collaboration with the Federal Government is key to achieving this goal,” she stated.

Chen also assured Nigerians of GAC’s commitment to supporting Nigeria’s football national teams and the creative sector.

Speaking at the event which was attended by the President of the Nigerian Football Federation, Ibrahim Gusau, thanked the motor company for supporting Nigerian football teams.

Super Eagles star players in attendance include Ahmed Musa, Wilfred Ndidi, Kenneth Omeruo, and Alex Iwobi.

Speaking on the brand new GS8 SUV, the General Manager of Commercial, CIG Motors, Mr. Jubril Arogundade, said the vehicle was made for Nigerian roads.

“The brand new GS8 is a premium SUV that was created with the intent of meeting the high-luxury requirements of business leaders on a budget. With its luxurious cabin space covered in Alcantara and leather of the highest quality, geometric facet design, roaring Euro 6 engine power, and diversified luxury interior and exterior upgrade, the car is sure to take your breath away,” he added.

Source: The Punch

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