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President Goodluck Jonathan, the presidential candidate of the Peoples Democratic Party, who spoke in Lokoja, Kogi State during PDP presidential campaign rally, assures that FG would soon come up with an automobile policy to ensure vehicles would be assembled in Nigeria, he concluded that he has fulfilled all the promises he made during his inauguration speech in 2011.
He added that the Federal Government would mandate vehicle assembly plants in the country to source 65 per cent of their raw materials within the country to boost industrialisation, employment generation and economic development.
The President also said if re-elected, his administration would show greater commitment to sectors that were critical to Nigeria’s economy.
He said the Federal Government was committed to reactivating the Ajaokuta Steel Company in Kogi State to full production capacity so that more jobs would be available to the jobless people and also to boost the economy of Nigeria and that of Kogi State.
According to him, all the legal tussles surrounding the ailing Ajaokuta Steel Company had been resolved.
See Excerpts: “The legal process of Ajaokuta Steel Company has been completed. Investors can now come in and harness the opportunities that abound in the iron ore company.
“We are coming up with automobile policy where vehicles will be assembled in the country. With that, Ajaokuta Steel Company will be empowered to produce iron sheets.”