“So this administration said something has to be done and the National Automative Design and Development Council got the approval of the Federal Executive Council to implement the National Automative Industry Development Plan, which has five key elements including; helping to promote local production, development of infrastructure, development of standard and market development.“As result, we are working on 10 years tax holiday for any company that comes up to produce vehicles in the country.
“The automobile companies presently producing in Nigeria, can produce up to 400,000 vehicles per year, but they are not presently producing that, because the market is not there. Yet the industry has today employed up to N50,000 people and we hope it will continue to grow,” he said. Jelani said electric vehicle is really better for Nigerian environment where the culture of maintenance is low, as the vehicles do not have engines that require fuel, engine oil, plugs, rings and piston, which need regular repairs.