The Chargéd'affairesof Nigera in Mali, Yara Abdulsalam has said that an indigenous motor manufacturing company, Innoson Motors has signed a Memorandum of Understanding (MoU) with a Malian firm to export 400 locally made vehicles to the country.

Abdulsalam made the announcementon Fridayin Abuja when he led a delegation of businessmen from Mali to visit the Foreign Affairs Minister, Geoffrey Onyeama.

He said that during the week, Innoson Motors signed MoU with Taxi Plus VIP, a Mali-based transport company for the expansion of transport business in that country.

He said the development was the outcome of ‘Made-in-Nigeria products exhibition’ held in Bamako last year.

He said that the exhibition was facilitated by Ginco Group, a Nigerian firm based in Mali to show case Nigeria’s potentials.

Abdulsalam said: “From the exhibition, Taxi Plus VIP approached the embassy that they wanted to import vehicles from China. But, we told them that we have indigenous companies in Nigeria that manufacture vehicles.

“They started talking with Innoson through Nigerian Export Promotion Commission (NEPC) and the deal was later finalised.

“Mali is the centre of Francophone countries and has boundary with eight countries.

“If the MoU materialises, it will positively affect all other countries and will increase Foreign Direct Investment in Nigeria.”

In his remarks, the Minister expressed delight at the development and described it as “the beginning of industrial revolution in Nigeria.”

He said that it was a good development that would enhance job creation and stem the rate at which youths embark on dangerous adventure to Europe in search greener pasture.

“So what you are achieving can be the beginning of revolution in our country. The longest journey has to start from somewhere.

“What you are doing represents a giant leap for Africa because it involved trading among ourselves.

“What I found so interesting is that we are trading at the highest technology level with the export of automobile, cars and buses to one another.

“As we are now laying the foundation, the sky is the limit for Africa. It means we have broken that glass ceiling that is holding us down,” he said.

Onyeama commended the Nigerian mission in Mali for providing the institutional support for the MoU.

“This is what the Ministry wants Nigerian embassies around the world to be doing: to serve as small hub to promote trade relationship.”

He said that one of the Ministry’s goals was to be a hub to promote Nigerian export.

“We have many offices around the world and we want to leverage on that to promote Nigerian goods,” he stated.

The Managing Director of Ginco Group, Mr Godwin Oguzie said the 2016 Made-in-Nigeria exhibition in Bamako was to enable Nigerian manufacturers know that opportunities awaited them in Mali to sell their products

He said that he led Taxi Plus VIP to sign the historic MoU with Innoson Motors to export 400 vehicles to Mali.

“We sign an MOU with Innoson Manufacturing Company to enable Taxi Plus increase its capacity to provide urban transportation system in Bamako.

“This is the first time a country in Africa is exporting locally manufactured vehicles to another country.” (NAN)