Nigeria invites bids for stake in VWON car plant

Newswire

LAGOS, Jan 31 (Reuters) - Nigeria invited local and international firms on Friday to express interest in acquiring a 35 percent stake in its rundown car assembly plant, Volkswagen Nigeria Ltd (VWON). The Bureau for Public Enterprises (BPE) said in a notice that prospective investors must provide evidence of successful investment in the automotive, manufacturing or industrial sectors. Located in Nigeria's commercial capital, Lagos, VWON was established in 1973 in a joint venture with ...

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