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HIGHLIGHTS:

* – The donation is Nissan’s first to the robust organisation and an
expression of Nissan corporate responsibility values

* – The occasion is another milestone in the annals of Nissan sales
and manufacturing company

* – Nissan is convinced Nigeria’s economy has strong potential of
becoming Africa’s wealthiest

Lagos, Nigeria – Nissan in collaboration with Stallion Group today donated a brand new Nissan Almera car to the Lagos State Security Trust Fund in praise of the organisation’s efforts in mitigating violent crimes in Lagos State.

Stallion NMN Managing Director Parvir Singh with Director Nissan Sub-Sahara
Africa Jimmy Dando presenting the Nissan Almera sedan to Executive
Secretary, Lagos State Security Trust Fund Dr. Abdurrazaq Balogun.

Along with Head, Sales & Marketing Stallion NMN Amitkumar Sharma with
Assistant Commissioner of Police, Olatunji Disu, Commander Rapid Response
Squad at brief ceremony in Lagos.

The donation which is Nissan’s first to the robust organisation is an expression of the automaker’s corporate responsibility values of appropriating support to relevant agencies and organisations in the country.Managing Director, Stallion NMN Parvir Singh who made this remark at the presentation of the car in Lagos said: “Having followed the organisation’s achievements in recent years, Stallion NMN in collaboration with our principals, Nissan South Africa are pleased to extend our hands of fellowship to the society that has made our business operations more secure
and attractive. And, this is largely due to the activities of the Security Trust Fund in curbing the menace of crime in Lagos State.”

He added that “the occasion is without doubt another milestone in the annals of our young and dynamic Nissan sales and manufacturing company. and we are excited to be associated with Lagos State Security Trust Fund – an organisation that has excelled in devising potent strategies to mitigate security challenges in Lagos State.”

Mr. Singh described Nissan as an internationally acclaimed brand with key representation worldwide and the automaker is currently the No. 2 in Japan and the sixth largest automaker with over 5.4 million units sold worldwide in 2015.

West African Conglomerate Stallion Group in April 2013 partnered with Nissan South Africa to form Stallion NMN, the sole manufacturer, importer and distributor of Nissan products in Nigeria.

Stallion NMN later became the first indigenous motor assembly plant to roll-out locally assembled Nissan vehicles consequent upon the inauguration of the National Automotive Policy, assembling four Nissan models including Patrol, NP300, NV350 and Almera at the plant in Lagos.

Also speaking at the occasion, Director, Sales and Operations Nissan sub-Saharan Africa Jimmy Dando said: “Nigeria is Nissan’s most outstanding market in Africa Growth strategy and “we will exploit the country’s strategic regional partners in the West Coast to make Nigeria the automobile hub for evolving West African markets.”

He said Nigeria’s economy has strong potential of becoming Africa’s wealthiest and these core values are Nissan’s attraction to Nigeria,

“We will in collaboration with Stallion transform Nigeria into a notable manufacturing and distribution hub that can provide comprehensive range of passenger, commercial and recreational vehicles and gradually transform Nissan into one of the largest automaker not only in Nigeria but in the West Africa sub-region,” the Nissan helmsman assured.

Receiving the vehicle on behalf of the Fund, Lagos Security Trust Fund Executive Secretary & CEO, Dr. Abdurrazaq Balogun commended the magnanimity of Stallion and Nissan especially at this crucial period in the country’s economic history, and assured the organization wouldn’t leave any stone unturned in realising its objectives.

About Nissan Motor Co.

Nissan Motor Co., Ltd., Japan’s second-largest automotive company, is headquartered in Yokohama, Japan, and is part of the Renault-Nissan Alliance. Operating with more than 244,500 employees globally, Nissan sold almost 5.2 million vehicles and generated revenue of 10.5 trillion yen (USD 105 billion) in fiscal 2013. Nissan delivers a comprehensive range of more than 60 models under the Nissan, Infiniti and Datsun brands. In 2010, Nissan
introduced the Nissan LEAF, and continues to lead in zero-emission mobility. The LEAF, the first mass-market, pure-electric vehicle launched globally, is now the best-selling EV in history with almost 50% share of the zero-emission vehicle segment. For more information on our products, services and commitment to sustainable mobility, visit our website at
http://www.nissan-global.com/EN/

About Nissan in Africa

Nissan Motor Co., Ltd. supplies innovative and exciting cars across the hatchback, SUV, sedan and pickup segments in Africa. Nissan has three operational hubs on the continent: Egypt and South Africa – both of which have long established factories – and Nigeria. The Nigeria plant is the result of a partnership between Nissan and local Stallion Group, formed
after the government introduced new policies to stimulate the local industry. Production of the first Nissan vehicles started in April 2014. In doing so Nissan became the first OEM automaker to build cars in Nigeria. Nissan is revitalising its sales network and expanding its product range in many countries with launches of new vehicles like the award-winning Qashqai and X-Trail. The Nissan LEAF is Africa’s first electric vehicle, bringing zero emissions motoring to the continent. In 2014 the Datsun brand returned to Africa with the launch of the Datsun GO in South Africa. Nissan is targeting significant growth on the continent. In fiscal year 2013 the company sold nearly 110,000 units in Africa. Under its Africa Growth strategy, Nissan is targeting a 10% market share in Africa by 2017 with
sales of 200,000 units.

About Nissan in Nigeria

Nissan has a strong presence in Nigeria through its partnership with the Stallion Group. Assembly of the Nissan Patrol, Almera, NP300 and Urvan takes place at Stallion’s VON manufacturing plant in Lagos. The plant complements Nissan’s established manufacturing hub at its South African operation, which supplies kits for assembly of the NP300 in Nigeria. Nissan distribution is through its sole Nigerian distributor, Stallion NMN, a subidiary of the
Stallion Group. There are currently 11 Nissan dealerships located in Nigeria’s six geopolitical zones, with a notable presence in Victoria Island & Gbagada in Lagos, Abuja and Port-Harcourt. Nissan achieved 10% market share in FY14 and 18% market share in FY15.

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