Nigeria: ELAN, NAC Partner to Develop Automotive Industry

The Equipment Leasing Association of Nigeria (ELAN) and National Automotive Council (NAC) have resolved to work as partners towards the realisation of the Developmental Initiative of the National Automotive Industry Development Plan (NAIDP)

The NAC also agreed to support efforts of ELAN in the pursuit of the Leasing Law to strengthen the capacity of the leasing industry to play its role in the new policy, while leasing companies are to be incorporated into vehicle Credit Finance Scheme to enable them access funds for lease financing.

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