The Minister stated this on Friday while launching the Nigeria Automotive Industry Development Plan at a gathering that was attended by stakeholders drawn from the private and public sectors. According to her, the country can produce vehicles, including motorcycles, tricycles, sedans and heavy trucks. The Minister noted that the goal was to cut down on the cost of purchasing vehicles in the country. 'Nigeria can produce its vehicles.
'With this plan, we should see Nigeria fully producing its own vehicles within ten years. Our goal is to reduce the cost of purchasing a vehicle for the average Nigerian,' he said. In his remarks, the Director General of the National Automotive Design and Development Council, Joseph Osanipin, stated that the policy proposed to help actualise the plan was a five-year tax holiday for assemblers of vehicles in Nigeria.