* PAN MD decries scarcity of FOREX
If well protected by limiting the age of used vehicles being
imported, right taxation and other favourable policies, the Nigeria Automibile
Industry will grow and create thousands of jobs in the country, the French
Ambassador to Nigeria, His Excellency Gaver Dengs has said.
On arrival, to receive them at hand were the MD/CEO Mr.
Ibrahim Boyi with members of PAN Management team.
The ambassador expressed this when he led the Nigerian
chapter of French Foreign Trade Advisory (CCEF) delegation on a courtesy visit
to PAN Nigeria Limited, manufacturers of Peugeot brand of vehicles.
According to a
statement signed by PAN’s Head, Corporate Communication,
Haroun Malami, the
Ambassador said that huge potentials of the country’s automobile industry
remain untapped.
“Limiting age of importation of fairly used vehicles, right
duties and taxation will protect and encourage the growth of the automobile
industry, which has the capacity to create thousands of jobs in the country,”
he said.
On his part, the President Generale of CCEF Laurent Couderc
described the visit as an interesting experience and exchange of ideas which
need to be continued.
Mr. Boyi made a brief presentation to the CCEF delegate at
the Peugeot Learning Centre (PLC) hall on PAN operations and challenges in this
period of economic down turn.
The presentation provoked certain thought on the delegates
which borders on access to forex, operational profitability and government policy.
They were later taken round the assembly plant by the General
Manager Industrial (GMI) Eng. Augustine I. Okolo.
Included in the visit were Eric Maydieu of the PSA group,
Jean Jacques JUNG,Jean Raoul Tauhin and Claude ABILY press counselor embassy of
France in Nigeria amongst others.
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