Nissan selected Japan Motors, one of its two long standing distributors in the country, as its licenced assembler in 2020.Work on the 5000 sq. m plant began shortly afterward and today, 17 months later, the plant was officially commissioned by the president as the first Navaras began rolling off the assembly lines.
The Central Bank of Nigeria disclosed this in a report by a member of the Monetary Policy Committee, Prof. Mike Obadan, who dealt with the topic ‘Is derugulation the solution to the forex / exchange rate problem?’
The vandalized tower caused a sudden loss of 400MW from the grid causing its collapse on Friday, 8th April 2022. The grid has since been restored.
The presidency has declared the recent collapse of the national grid, that affected electricity supply in many states, an act of sabotage.
