Peugeot Automobile Nigeria, PAN, has concluded arrangements to restart its plant in June with a target production of 3,000 cars. The Chief Executive Officer of PAN, Ibrahim Boyi, said the restarting of the plant was made possible by a number of factors, chief among which is the federal government’s automobile development policy unveiled last year. He believes the company is better positioned to compete effectively especially regarding affordability and durability.
PAN had a workforce of over 2000 before its shutdown while there are just about 250 now, hence a recruitment process to plug the gaps left in the system especially in sales and after sales service. He claims many jobs will be created both directly and indirectly as a result of the plant's new activities. This is especially good news in an economy where many are losing their jobs. Regarding the ban on Tokunbo (used) vehicles, he said very soon Nigerians will have to make informed choices and PAN will definitely rise to the occasion. We really hope this is true especially price-wise.
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