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Juliana Taiwo-Obalonye, Abuja
President Muhammadu Buhari has commended Hyundai Engineering Company Limited plans to set up a car plant, and also rehabilitate petroleum refineries in the country.
He assured of Nigerians collaboration and support when he had audience with the President/Chief Executive Officer of Hyundai Engineering, Mr Chang Hag Kim, at State House, Abuja, Tuesday.
According to a statement by Special Adviser to the President Media and Publicity, Femi Adesina, Buhari said Nigeria was committed to ensuring energy security in the country, “and the goal is to achieve self-sufficiency in the supply of petroleum products within the next three years.”
The President welcomed proposal to set up Hyundai car plant in the country, pledging: “We will collaborate and support to make the investment a reality.”
Mr 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.
