CFAO Yamaha Motor Nigeria Limited Assembly Plant and Show room have been
commissioned in Lagos, Nigeria.
the assembly plant and show room  in
Lagos on Friday, the Governor of Lagos State, Mr. Akinwunmi Ambode, said that
the commissioning of the assembly plant in Lagos is good for the people of
Lagos State and Nigeria in general.
Mr. Gbenga Oyebode, Chairman, CFAO YAMAHA Motor Nigeria Ltd., Mr. Richard Bielle, Chairman CFAO Management Board, France,  Governor Akinwunmi Ambode and Mr. Hiroyuki Yanagi, CEO, Yamaha Motor Company,  Japan.

said the commissioning of CFAO Yamaha Nigeria Limited assembly plant in Lagos
brings the number of similar plants 
commissioned in Lagos to 10 since the new Federal Government’s Automobile policy came to effect in 2015.

emphasised the leadership status of the State as the most attractive location
financially and socially for investment in Africa, just as he reiterated the
commitment of his administration towards putting in place policies to attract
investment and facilitate conducive atmosphere for businesses to thrive.
said that Lagos with the population of over 21 million people which comprises
of the middle-class with strong purchasing powers remains the best place for
business in Nigeria and called on other international business conglomoretes
who have not yet establish their businesses in Lagos to consider doing so.
Chairman, CFAO France and the President, Yamaha Motors Company Limited, Messrs.
Richard Bielle and Hiroyuki Yanagi, while speaking separately at the event said
that the joint venture was strategic as it will boost their capacity to deepen
their operations  in Africa.
Mr. Hiroyuki Yanagi, CEO, Yamaha Motor Company, Japan, Mr. Steve Faderin, Group Managing Director, CFAO Nigeria Plc and Mr. Gbenga Oyebode, Chairman, CFAO YAMAHA Motor Nigeria Ltd.
duo who expressed their belief in Lagos as the business hub of Africa and also
pledged their commitment in using their business expertise to better the lot of
Nigerians and thanked the government of Lagos State for the support.
said the joint venture between CFAO and Yamaha 
will strengthen the transport sector as well as boost employment
opportunity in the country.
due described Lagos and Nigeria as their main focus because of the country’s rapid economic growth and existing business opportunities.
Yanagi declared that the Yamaha which closed in Nigeria 10 years ago is back in
Lagos with new and quality products that will meet the desire of the people.
Chairman of CFAO Yamaha Motor Nigeria Limited, Mr. Gbenga Oyebode, said apart
from the commissioning of the CFAO Yamaha assembly plant, CFAO Group as a whole
has a lot to offer the state and the country in general.
(L-R): Mr. Hisashi Fujii,  Deputy Managing Director and Marketing Director and Mr. Olivier Levigne, Managing Director of CFAO YAMAHA Motor Nigeria Ltd.  And Mr. Richard Bielle, Chairman of CFAO Management Board, France.
said that the group is working seriously with relevant authorities and in
partnership with other international brands for the establishment of retail
business in Lagos and other parts of the country.
Gbenga Oyebode thanked Governor Ambode for making out time not only to
personally attend the event, but also arriving on time, saying the development
was an eloquent testimony of the Governor’s commitment to encourage investment in the State.
the Managing Director of the company, Mr. Olivier Levigne, said the vision of
the firm is to be a grand company and a great organisation with open enterprise
and a leader in its chosen field.

while answering question from the press shortly after the grand opening, said
the company’s production target
is 70,000 motocycles by 2018.
The Managing Team And Journalists At The Event.
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