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Cautious excitement as Chinese firms flood auto industry

In March, GAC, a Chinese automobile maker, signed an agreement with the Lagos State government to produce brand new cars. Lagos also signed another agreement with CIG Motors to set up an assembly plant in Lagos to start making environment-friendly cars. Just last Friday, the Chinese Ambassador to Nigeria, Mr Cui Jianchun, hailed the partnership between Nigeria and GAC Motors during the handover of some GAC vehicles to the Chinese diplomatic corps in Abuja. He said Nigeria has rich human resources, especially youths that GAC Motors can work with to make a difference. The General Manager, Commercial, GAC Motors in Nigeria, Mr Jubril Arogundade, described the company as the future of Nigeria’s industrialisation and economic growth, saying it would be setting up its plant in Nigeria within the next 18 months.

NADDC Boss Advocates Reliance on Renewable Energy

NADDC Boss Advocates Reliance on Renewable Energy
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