Nigeria however, has a
typical tendency of following up with the latest technology on sales all
around the world and will also follow up any given up on trend of automobile on
sale. This has resulted in Nigeria spending over 500 billion Naira annually in
purchasing cars as shown in the National bureau of Statistics Journal for
2012; The re-enactment of the automotive developmental plan is however
indispensable because a reduction of the outrageous amount spent on imported
automobile purchases, could be diverted to funding other deteriorating sectors
of the economy. For the next century to be well spent, the government has gone
ahead to create a policy that will reduce the cost on importation and unsafe
factors that might affect the end users of automobile. In conclusion, the
plausibility of this policy and implementation lies on the end users; as their
reliance on cars assembled in Nigeria rather than imported cars will in due
course make importation of cars extinct and in the long run improve the economy
of the nation.........................
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