How Double Digits Interest Rate Scuttled Local Vehicle Acquisition — National Assembly

...Committee Praises Coscharis Plants LAGOS – The National Assem­bly has revealed how banks’ double-digit interest rates contrib­uted to the partial failure of the National Automotive Industry Development Plan (NAIDP) 2013. One of the NAIDP’s goals was to expand the automotive industry by leveraging local resources and increasing the sector’s contribution to the na­tional economy. Speaking [...]

Read More