A NIGERIAN made car will soon hit the road, a company said yesterday.
State-of-the-art facilities are being installed to push out the car, which its builders, VON Automobile Nigeria Limited, say will “replace the importation of fully built versions”.
VON Automobiles Managing Director Tokunbo Aromolaran yesterday urged the Ad-hoc Committee of the Senate on the activities of the Bureau of Public Enterprises (BPE) to review its recommendations to reflect the reality in the company. VON Automobiles Nigeria Limited is the new owner of the rejuvenated Volkswagen of Nigeria (VWON) assembly plant.
The company said that with the imminent roll out of its first vehicles on Nigerian roads, VON’s performance has demonstrated that privatisation is workable.
The committee had advised the Federal Government to buy back the shares acquired by VON since it has not started production.
But, in a statement issued in Abuja, Aromolaran said since VON took over the firm, it has transformed it.
His words: “We proudly present VON as one of the success stories of the Federal Government’s privatisation programme now and in the years to come.
“Distinguished Senators and interested stakeholders should come on a facility tour of the plant to verify the transformation going on at VON.
“VON requires encouragement and appreciation rather than adverse allegations and obstacles.
“Several Nigerians have been employed, helping it to achieve larger plans that would eventually benefit thousands of Nigerian, ancillary industries and other stakeholders.”
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