Governor
Nasir El-Rufai of Kaduna state, has said that the state has concluded
plans to acquire the majority shares of the comatose Peugeot Automobile
of Nigeria, Kaduna.
Speaking at the ongoing Kaduna international Trade fair, former
Minister of FCT and Kaduna state governor, Mallam Nasir El-Rufai, has
disclosed that the state has concluded plans to acquire the majority
shares of the comatose Peugeot Automobile of Nigeria, Kaduna.
According to the governor, the state had already submitted its
interest to Assets Management Company of Nigeria (AMCON) which manages
the liabilities of the company.
"Our hope is that when we acquire the majority share of the
company, we will restructure it to operate to full capacity of
assembling between 90,000 and 100,000 cars yearly. We have the support
of PAN as well as the government of France in this drive."
Gov. El-Rufai said PAN is a critical partner in Kaduna state’s
industrial history, and now has gone down from assembling 90,000 cars annually to merely 200 a year. "We are determined to bring back all
industries related to Peugeot established in Kaduna as part of plans to
ensure that every youth in Kaduna State has something doing," he said.
He commended the Kaduna Chambers of Commerce, Mines, Industries and
Agriculture (KADCCIMA), for bringing captains of commerce and
industries to the state for the event.
