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Presidency probes privatisation of Peugeot, ANAMMCO, others

The teams, it was learnt, were assigned to different auto firms across the country. The first team led by Prof. Abiodun Aibinu of the Federal University of Technology, Minna has Aisha Dalhatu of NADDC and Mrs. Felicia Onyeabor of Innoson as members. Its terms of reference include to: “Ensure the enactment of statutes that will entrench the NAIDP and the National Industrial Revolution Plan (NIRP) as a demonstration by the government of commitment to nurture and grow the industry; “Develop policies that will encourage the establishment and growth of local component supply companies to attract Original Equipment Manufacturers (OEMs). Peugeot Automobile, Kaduna and Nigeria Truck Manufacturing, Kano have been assigned to the team.

FG Laments Loss of Citizens to Substandard Products

By Victor Ogunje The federal government has disclosed that Nigeria has lost thousands of its citizens to substandard products, saying the Standard Organisation of Nigeria (SON) has been empowered to arrest, confiscate and prosecute any person with substandard products. The apex government, therefore, urged the SON, Nigeria’s sole statutory body vested with the responsibility of standardising and regulating the quality of all products, to work out strategies that will rid Nigeria of counterfeit goods. The Minister of Industry, Trade & Investments, Chief Niyi Adebayo expressed this concern at the inauguration of the new SON office in Ado Ekiti, Ekiti State capital Friday.

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