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In its resolve to patronize “Made In Nigeria” products members of the House of Representatives has decided to procure locally assembled cars for its members.

The Chairman, House Committee on Media and Public Affairs, Hon. Abdulrazak Namdas who confirmed this yesterday, said plans to purchase 360 units of Peugeot 508 (2015 model) has been concluded.

The representatives settled for the vehicles after a presentation of samples from two local auto manufacturers.

He said the payment of the cars would be spread within two years.

According to the agreement,Peugeot Automobile Nigeria Limited based in Kaduna will deliver the cars at N10 million each by the end of the second quarter.

According to Namdas, “The cars will be purchased from a Nigerian company,”

“Peugeot is a local vehicle assembly plant. By patronising them, it is the decision of the House that we will be generating employment and promoting made in Nigeria products. That is the difference.

We have resolved to buy the cars and in weeks from today, they will begin to arrive,” Namdas confirmed.

The post above and its ensuing comments, if any, is purely the opinion of the writer(s). It therefore should never be considered as an investment advise of any sort. If required, readers should please consult a competent professional financial adviser for any investment decision.


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