• FG to launch N7.5bn loan scheme for local car purchase

    FG to launch N7.5bn loan scheme for local car purchase

    According to reports, the Director General of the National Automotive Design and Development Council (NADDC), Aminu Jalal, has disclosed that the Federal Government would soon float a car purchase loan scheme, to help citizens acquire new made-in-Nigeria cars.

    The scheme will be funded at a cost of N7.5 billion.

    Jalal stated this when a delegation of Vehicle Owners Association of Nigeria (VOAN), led by National President, Odo Vincent Okoko, paid him a courtesy call.

    He said the initiative falls within the objectives of […]