Nigeria invites bids for stake in car plant

Newswire

LAGOS, Jan 29 (Reuters) - Nigeria's privatisation agency on Wednesday invited expressions of interest in a 35 percent stake in the Anambra Motor Manufacturing Company Ltd (ANAMMCO) -- one of few Nigerian car plants still running. The Bureau for Public Enterprises (BPE) said in a notice that prospective bidders must provide evidence of successful investment in the automotive, manufacturing or industrial sectors. ANAMMCO, located in the south-eastern Nigerian state of Enugu, was ...

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