A Toyota assembly plant will commence operation in Nigeria, the Chairman, Toyota Nigeria Limited, Chief Michael Ade-Ojo has said.
The chairman of TNL who revealed this during the 2015 Toyota Awards which held in Lagos, noted that the the vehicle assembly will commence within the next 3 months.
With this revelation, Toyota has joined the list of 23 local auto companies that have indicated interest in setting up assembly plants in the country after the Federal Government’s announcement of a new automotive policy in September 2013.
He said, “We are taking measures to make available your loved Toyota models. We have started an assembly, which, from all business parameters, we were convinced it was not the wisest way to go but we have to sustain our business. You must have been denied your cherished brand, but by the grace of God, you will again enjoy the best models in the Toyota brand lineup.”
He, however, did not disclose the models to be assembled in Nigeria by his company.