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Peugeot Forecasts Nigeria Importing N3tn Used Vehicles, Motorcycles in 2021

By Abiodun Eromosele in Lagos and Kuni Tyessi in Abuja The Chairman of Peugeot Automobile Nigeria (PAN) and former member of the House of Representatives, Hon. Ahmed Wadada Aliyu, yesterday forecasted that Nigeria will import used cars and motorcycles worth N3 trillion in 2021. He also described the recent tariff reduction on automobiles as a policy somersault from the recommendations of the Automobile Standing Committee set up by the federal government through the Bureau of Public Enterprises (BPE) to examine factors hindering the growth of the automotive sector. Ahmed, during a media parley on, “The tariff regime for automobile assembly plant in the 2020 Finance Bill,” yesterday in Abuja, also accused the Comptroller-General of Customs, Col. Hameed Ali (rtd), of succumbing to the lobby of vehicle dealers with no matching investments in local vehicle assembly.

Balogun: Why Nigeria s Investment Environment Must Be Conducive

The Chief Executive Officer of Chapel Hill Denham and Chief Investment Officer of the Nigeria Infrastructure Debt Fund Mr. Bolaji Balogun, in this interview on ‘The Morning Show’ on Arise Television spoke extensively on the need for increased investments in infrastructure in the country. Nume Ekeghe presents the excerpts: Can you speak on infrastructure in Nigeria and the investment climate amidst various headwinds like the coronavirus pandemic, oil prices and other sundry issues in the world at large? I hope that 2021 is the year the leadership of our economy recognise the importance and urgency in this market place and when also our political leaders recognise that they have to be more considerate in terms of the 200 million people who leave in this country and that is where would really like to start. Between last year and this year, we probably added another five million to six million people to Nigeria’s population and when you think of what we have added in terms of

Everybody knew Sam Nda Isaiah

Everybody knew Sam Nda Isaiah On By Ali M. Ali This year, 2020 will go down in history as the year I wrote the most tributes-some long, some short to eulogise the departed, not to glorify the living. I am penning one more today on the death of Sam Nda Isaiah, late Publisher of Leadership Newspapers Group. I pray it will be the last one this year. In 2019, I wrote three tributes, two of them to celebrate icons in my corner of the world (media) who turned 60. First, it was Prince Nduka Obaigbena, publisher of ThisDay in July and Garba Shehu, a presidential spokesman in November of that year. And there was a dirge for my sister, Safiya who died in August. Though younger, she fretted like a mother.

Everybody Knew Sam: A tribute to Nda Isaiah

ON THE GO Father of Afaka student dies two weeks after daughter’s kidnap Ibrahim Shamaki, the father of one of the students abducted by bandits in Afaka, Kaduna state, is dead.Advertisement TheCable gathered that Shamaki, whose daughter was among those kidnapped from Federal. Seven vehicles affected in yet another fire incident at Otedola Bridge There was an accident resulting in a fire outbreak at Otedola Bridge inwards Berger area on the Lagos-Ibadan expressway in the early hours of Saturday.Advertisement Emergency responders, including Lagos Fire. INTERVIEW: I chose music after struggling to make people laugh as MC, says Teni

PAN commences two-shift production lines in June – MD

PAN commences two-shift production lines in June – MD   Godwin Isenyo, Kaduna The new management of Peugeot Automobile Nigeria has said it will commence two-shift vehicle production in the next six months. Acting Managing Director, PAN, Ms Taiwo Oluleye, stated this at the graduation of 2019/2020 batch trainees of modern auto maintenance techniques at the PAN Learning Centre in Kaduna on Wednesday. She said the commencement of the two shifts production would lead to employment of more skilled manpower. Oluleye said, technical and vocational skills for Nigerian youths were the surest ways to tackling threats of unemployment and youths restiveness presently confronting Nigeria.

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