The Federal Government has been tasked to put in place the Automotive Industry Development Plan to reap the gains of the African Continental Free Trade Agreement (AfCFTA).
Managing Director, Nissan’s Africa Regional Business Unit, Mike Whitfield, in a chat with newsmen in Lagos said while Africa accounts for only 1.3 percent of the world’s vehicles, the continent comprises 17% of the globe’s people with motorisation rate at 42 per 1000 individuals, compared to the global average of 182.
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