President Muhammadu Buhari has promised to support the Hyundai Engineering Company Limited in their bid to set up a car assembly plant and also rehabilitate petroleum refineries in the country.
In a statement on Tuesday, Femi Adesina, the Special Adviser to the President on Media and Publicity, said Mr Buhari made pledge while receiving the President/Chief Executive Officer of Hyundai Engineering, Chang Hag Kim, at State House, Abuja, Tuesday.
According to the statement, the President said Nigeria was committed to ensuring energy security in the country,
He said: “The goal is to achieve self-sufficiency in the supply of petroleum products within the next three years.”
He added that President Buhari welcomed the proposal to set up Hyundai car plant in the country, pledging: “We will collaborate and support to make the investment a reality.”
Hag Kim said Hyundai Engineering Company, which hires about 15,000 engineers and technical staff globally, was willing to contribute to the development of the Nigerian economy.
“We have been building refineries worldwide. We have the biggest in South Korea, with 650, 000 barrels per day capacity.
“We are also in Venezuela, Iraq, and many other places. We would be glad to contribute our quota in Nigeria,” he said.